Wheeling, IL Retail Space for Sale

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Updated: Jun 3

Drive-In Retail Space

528 North Milwaukee Avenue, Wheeling, IL 60090

$700,000

5,500 sqft 1.00 AC lot

5,500 SF building on a 1‑acre lot
Six drive‑in doors for loading and access
20 parking stalls
MXC commercial‑residential mixed‑use zoning
Zoning includes retail, general office, and medical office uses

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Updated: Jan 22

Multi-Tenant Retail Center on Milwaukee

701-749 N Milwaukee Ave, Wheeling, IL 60090

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14,061 sqft 1.36 AC lot

92% leased 14,061 SF, multi‑tenant retail investment at 701‑749 N. Milwaukee Avenue, Wheeling, IL
Five tenants: Massage Envy, Spears Bourbon, Elsa’s, Chicago Ramen, and Cilantro Grill
Anchor tenant Spears Bourbon occupies ~40% of RSF; has been in place since 2014
265 feet of frontage along North Milwaukee Avenue on a 159,176 SF site
Located along Milwaukee Avenue at the Lake Cook Road high‑traffic intersection; approx. 75,000 VPD

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Wolf Point Shopping Center

1902-1960 S. Wolf Road, Wheeling, IL 60090

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33,050 sqft

B-3-zoned shopping center with substantial retail space.

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See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Retail Center

820 Wheeling Rd, Wheeling, IL 60090

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13,382 sqft

Retail property offering 13,382 square feet of commercial space for sale.

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Freestanding Live-Work Building

322 N Milwaukee Ave, Wheeling, IL 60090

$539,000

Completely remodeled freestanding building with large parking, flexible first-floor space, and an updated apartment upstairs.

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Hotel-Front Retail Center

701 N Milwaukee Ave, Wheeling, IL 60090

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1,050 sqft

Shopping center positioned in front of the Westin Hotel with excellent visibility and ample parking.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Multi-Tenant Strip Mall

729-751 W Dundee Rd, Wheeling, IL 60090

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9,088 sqft

Retail center with established occupants, dual access points, and parking for more than 40 vehicles.

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Multi-Tenant Retail Shopping Center

820-860 Wheeling Rd, Wheeling, IL 60090

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14,439 sqft

Corner-positioned center with surface parking, multiple entrances, and available vanilla-box suites.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Multi-Tenant Retail Building

1649-1665 N Buffalo Grove Rd, Buffalo Grove, IL 60089

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12,721 sqft

Multi-tenant retail building offered for sale with 12,721 SF of space and prominent intersection access.

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Multi-Tenant Retail Building

1665 N Buffalo Grove Rd, Buffalo Grove, IL 60089

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12,721 sqft

Retail property with multiple tenant spaces at a signalized road intersection.

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Retail Spaces on Northwest Highway

2 East Northwest Highway |, Mount Prospect, IL 60056

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Retail spaces with frontage on Northwest Highway.

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Flex Space With Truck Door

514 E Northwest Hwy, Mount Prospect, IL 60056

Contact for pricing

Adaptable commercial building with office, shop, storage, garage, and parking serving multiple operational needs.

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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.

RETAIL STORES (PERSONAL SERVICES)

500 Jeffery Ave, Wheeling, IL 60090-5030

$280,000

Estimated value

0.32 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

351 Dundee Rd, Wheeling, IL 60090-2768

$3,650,000

Estimated value

View details

RETAIL STORES (PERSONAL SERVICES)

365 Dundee Rd, Wheeling, IL 60090-2768

$3,650,000

Estimated value

View details

RETAIL STORES (PERSONAL SERVICES)

403 Dundee Rd, Wheeling, IL 60090-2765

$3,650,000

Estimated value

View details

RETAIL STORES (PERSONAL SERVICES)

343 Dundee Rd, Wheeling, IL 60090-2768

$3,650,000

Estimated value

View details

RETAIL STORES (PERSONAL SERVICES)

307 Milwaukee Ave, Wheeling, IL 60090-5076

$910,000

Estimated value

1.42 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1083 Lk Cook Rd, Wheeling, IL 60090-2502

$2,920,000

Estimated value

0.79 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

604 Milwaukee Ave, Wheeling, IL 60090-3024

$550,000

Estimated value

5,751 sqft 1.44 AC lot

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RETAIL STORES (PERSONAL SERVICES)

729 Dundee Rd, Wheeling, IL 60090-2605

Unit 51

$1,450,000

Estimated value

11,963 sqft 0.96 AC lot

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STORE, RETAIL OUTLET

350 Dundee Rd, Wheeling, IL 60090-3192

$2,500,000

Estimated value

5.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1200 Riv Rd, Prospect Heights, IL 60070

$2,285,000

Estimated value

0.84 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

5110 Capitol Dr, Wheeling, IL 60090-7900

Unit 60

$340,000

Estimated value

5.37 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1211 Wolf Rd, Prospect Heights, IL 60070-1754

$925,000

Estimated value

0.46 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

300 Marquardt Dr, Wheeling, IL 60090-6425

$745,000

Estimated value

0.46 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

300 Marquardt Dr, Wheeling, IL 60090-6425

$745,000

Estimated value

0.46 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1750 Hintz Rd, Wheeling, IL 60090-5281

$140,000

Estimated value

3.74 AC lot

View details

Wheeling, IL Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Wheeling, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 90,570 square feet of properties for sale, with an estimated market value of $1,239,000.

Sale prices for retail space in Wheeling, IL start at $539,000, averaging $619,500, and reaching up to $700,000 — 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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
60090	$700K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Wheeling, IL Retail Space for Sale

528 North Milwaukee Avenue, Wheeling, IL 60090

701-749 N Milwaukee Ave, Wheeling, IL 60090

1902-1960 S. Wolf Road, Wheeling, IL 60090

820 Wheeling Rd, Wheeling, IL 60090

322 N Milwaukee Ave, Wheeling, IL 60090

701 N Milwaukee Ave, Wheeling, IL 60090

729-751 W Dundee Rd, Wheeling, IL 60090

820-860 Wheeling Rd, Wheeling, IL 60090

Opportunities in Nearby Cities

1649-1665 N Buffalo Grove Rd, Buffalo Grove, IL 60089

1665 N Buffalo Grove Rd, Buffalo Grove, IL 60089

2 East Northwest Highway |, Mount Prospect, IL 60056

514 E Northwest Hwy, Mount Prospect, IL 60056

Off-Market Properties in Wheeling, IL

500 Jeffery Ave, Wheeling, IL 60090-5030

351 Dundee Rd, Wheeling, IL 60090-2768

365 Dundee Rd, Wheeling, IL 60090-2768

403 Dundee Rd, Wheeling, IL 60090-2765

343 Dundee Rd, Wheeling, IL 60090-2768

307 Milwaukee Ave, Wheeling, IL 60090-5076

1083 Lk Cook Rd, Wheeling, IL 60090-2502

604 Milwaukee Ave, Wheeling, IL 60090-3024

729 Dundee Rd, Wheeling, IL 60090-2605

350 Dundee Rd, Wheeling, IL 60090-3192

1200 Riv Rd, Prospect Heights, IL 60070

5110 Capitol Dr, Wheeling, IL 60090-7900

1211 Wolf Rd, Prospect Heights, IL 60070-1754

300 Marquardt Dr, Wheeling, IL 60090-6425

300 Marquardt Dr, Wheeling, IL 60090-6425

1750 Hintz Rd, Wheeling, IL 60090-5281

Wheeling, IL Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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