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    Wheeling, IL Retail Space for Sale

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    Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL
    Iconic Restaurant & Real Estate Opportunity
    $799,900
    3,255 SF
    Iconic Restaurant & Real Estate Opportunity

    260 S Milwaukee Avenue, Wheeling, IL 60090

    Profitable restaurant and prime real estate on Restaurant Row.
    • Profitable Landmark Business: Established bakery & deli (Chicago Bagel & Bialy) with over 43 years of operation and over $1 million in gross sales in 2024.
    • Prime Real Estate: Located on Wheeling's Restaurant Row with high traffic and excellent visibility.
    • Fully Equipped Restaurant: State‑of‑the‑art kitchen with Middleby Marshall rotating oven, walk‑in coolers/freezer, and all necessary fixtures for immediate operation.
    • Spacious and Versatile: 3255 sq. ft. building on a 32,000 sq. ft. lot with indoor and outdoor dining, 30 parking spaces, and potential for drive‑thru addition.
    • Expansion Opportunities: Potential to acquire an adjacent 1/4‑acre parcel from the Village of Wheeling for further growth.
    Updated: Oct 28, 2025
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    Two-Story Office/Retail Building For Sale
    $1,895,000
    26,000 SF
    Two-Story Office/Retail Building For Sale

    1040 S MILWAUKEE Avenue, Wheeling, IL 60090

    Two-story office/retail building with high occupancy and parking.
    • Prime location on Milwaukee Rd. near Willow Rd. and I‑294, close to Chicago Executive Palwaukee Airport.
    • High occupancy rate with only 3 vacant units.
    • 23 private suites with various sizes and configurations (300 SQ FT to 2700 SQ FT).
    • 60 parking spots generating extra income.
    • All units have private entrances, reception areas, and multiple offices; some include storage, washrooms, kitchens, and conference rooms.
    Updated: Mar 11
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    Prime Retail Space For Sale
    $99,000
    1,800 SF
    Prime Retail Space For Sale

    1,800 SF retail space with high visibility, near Starbucks.

    1041-1081 E Lake Cook Rd, Wheeling, IL

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Palatine Retail Space For Sale
    $1,275,000
    5,323 SF
    Palatine Retail Space For Sale

    Retail space in Palatine, Illinois, available for purchase.

    1131 East Dundee Road, Palatine, IL 60074

    View details
    Retail Spaces on Northwest Highway
    Contact for pricing
    Retail Spaces on Northwest Highway

    Retail spaces with frontage on Northwest Highway.

    2 East Northwest Highway |, Mount Prospect, IL 60056

    View details
    Turn-Key Dental Office Space
    Contact for pricing
    2,300 SF
    Turn-Key Dental Office Space

    Fully equipped dental office in prime location ready for immediate occupancy.

    741 E Dundee Rd, Palatine, IL

    View details
    Retail Property in Mount Prospect
    $3,856,340
    6,809 SF
    Retail Property in Mount Prospect

    Retail property with strong tenant lineup in Chicago MSA.

    1065-1069 N Elmhurst Rd, Mount Prospect, IL

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    500 Jeffery Ave
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.32 Acres
    Value Estimation by Request

    500 Jeffery Ave, Wheeling, IL 60090-5030

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    351 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)
    Value Estimation by Request

    351 Dundee Rd, Wheeling, IL 60090-2768

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    365 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)
    Value Estimation by Request

    365 Dundee Rd, Wheeling, IL 60090-2768

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    403 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)
    Value Estimation by Request

    403 Dundee Rd, Wheeling, IL 60090-2765

    View details
    343 Dundee Rd
    RETAIL STORES (PERSONAL SERVICES)
    Value Estimation by Request

    343 Dundee Rd, Wheeling, IL 60090-2768

    View details
    307 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 1.42 Acres
    Estimated value
    $870,000

    307 Milwaukee Ave, Wheeling, IL 60090-5076

    View details
    1083 Lk Cook Rd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.79 Acres
    Estimated value
    $2,920,000

    1083 Lk Cook Rd, Wheeling, IL 60090-2502

    View details
    604 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)
    5,751 SF Lot: 1.44 Acres
    Estimated value
    $550,000

    604 Milwaukee Ave, Wheeling, IL 60090-3024

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    729 Dundee Rd, Unit 51
    RETAIL STORES (PERSONAL SERVICES)
    11,963 SF Lot: 0.96 Acres
    Estimated value
    $1,450,000
    Unit 51

    729 Dundee Rd, Wheeling, IL 60090-2605

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    350 Dundee Rd
    STORE, RETAIL OUTLET
    Lot: 5.12 Acres
    Estimated value
    $2,500,000

    350 Dundee Rd, Wheeling, IL 60090-3192

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    1200 Riv Rd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.84 Acres
    Estimated value
    $2,285,000

    1200 Riv Rd, Prospect Heights, IL 60070

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    5110 Capitol Dr, Unit 60
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 5.37 Acres
    Value Estimation by Request
    Unit 60

    5110 Capitol Dr, Wheeling, IL 60090-7900

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    1211 Wolf Rd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.46 Acres
    Estimated value
    $925,000

    1211 Wolf Rd, Prospect Heights, IL 60070-1754

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    300 Marquardt Dr
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.46 Acres
    Estimated value
    $785,000

    300 Marquardt Dr, Wheeling, IL 60090-6425

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    300 Marquardt Dr
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.46 Acres
    Estimated value
    $785,000

    300 Marquardt Dr, Wheeling, IL 60090-6425

    View details
    1750 Hintz Rd
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 3.74 Acres
    Value Estimation by Request

    1750 Hintz Rd, Wheeling, IL 60090-5281

    View details
    18 Schoenbeck Rd
    STORE, RETAIL OUTLET
    Lot: 0.31 Acres
    Value Estimation by Request

    18 Schoenbeck Rd, Wheeling, IL 60090-4454

    View details
    306 Milwaukee
    RETAIL STORES (PERSONAL SERVICES)
    1,083 SF Lot: 0.03 Acres
    Estimated value
    $2,595,000

    306 Milwaukee, Wheeling, IL 60090

    View details
    306 Milwaukee
    RETAIL STORES (PERSONAL SERVICES)
    1,083 SF Lot: 0.03 Acres
    Estimated value
    $2,595,000

    306 Milwaukee, Wheeling, IL 60090

    View details
    306 Milwaukee
    RETAIL STORES (PERSONAL SERVICES)
    1,083 SF Lot: 0.04 Acres
    Estimated value
    $2,590,000

    306 Milwaukee, Wheeling, IL 60090

    View details
    342 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.60 Acres
    Estimated value
    $2,595,000

    342 Milwaukee Ave, Wheeling, IL 60090-5021

    View details

    Wheeling, IL Retail Space Investment Opportunities Market Analysis

    Explore 72 retail space for sale in Wheeling, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 31,055 square feet of properties for sale, with an estimated market value of $2,793,900.

    Sale prices for retail space in Wheeling, IL start at $99,000, averaging $931,300, and reaching up to $1,895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 3
    Storefront properties 3
    Automotive properties 1
    Showrooms 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Wheeling submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60090 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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