Prospect Heights, IL Shopping centers for sale

Updated: Apr 20

Strip Shopping Center Property

55 South Wolf Road, Prospect Heights, IL 60070

Contact for pricing

27,123 sqft

27,123 SF Ascot Shopping Center available through an online auction event on RI Marketplace
Online auction runs June 8, 2026 through June 10, 2026
Auction involves the Ascot Shopping Center and a separate +27,123 SF shopping center listed as being directly across the intersection

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Updated: Apr 10

Multi-Tenant Retail Center

119-145 N Milwaukee Avenue, Wheeling, IL 60090

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16,355 sqft

16,355 SF multi‑tenant retail center for sale along Milwaukee Avenue in Wheeling, just north of Dundee Road
Currently 91% occupied with seven (7) tenants; varying term expirations
All but two (2) tenants are on NNN leases
Four (4) tenants have been leasing at the center since 2011 or earlier
Newer construction built in 2004 and extremely well maintained

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Prospect Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 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.

Retail Space at Golf Road

603-645 W Golf Rd, Des Plaines, IL

$3,165,000

1,024 sqft 0.73 AC lot

Highly visible shopping center at a busy intersection.

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Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft

Two-story mixed-use building with retail and office space at a downtown street-corner location.

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Multi-Tenant Retail Building

9800 N Milwaukee Ave, Des Plaines, IL 60026

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19,350 sqft

Multi-tenant retail building with monument signage on Milwaukee Avenue and on-site parking for up to 60 cars.

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Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

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53,557 sqft

Forest Square is a two-story mixed-use community center with below-ground heated parking and space for retail and office tenants.

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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.

Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000

1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Off-Market Properties in Prospect Heights, IL

Consider similar Off-Market properties in Prospect Heights, 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.

MINI-MALL

11 Wolf Rd, Prospect Heights, IL 60070-2609

Value Estimation by Request

0.34 AC lot

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MINI-MALL

1 Wolf Rd, Prospect Heights, IL 60070-2627

$2,665,000

Estimated value

19,127 sqft 1.41 AC lot

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MINI-MALL

1205 Elmhurst Rd, Prospect Heights, IL 60070-1021

Value Estimation by Request

1.05 AC lot

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Prospect Heights, IL Shopping Centers Market Trends and Statistics

Explore 5 shopping centers for sale in Prospect Heights, IL on our real estate platform. These investment opportunities span a total of 43,478 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for plazas in Prospect Heights, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Prospect Heights, IL Shopping Centers for Sale

55 South Wolf Road, Prospect Heights, IL 60070

119-145 N Milwaukee Avenue, Wheeling, IL 60090