Shopping Center

Prospect Heights, IL Shopping Centers for Sale

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Mount Prospect, IL Arlington Heights, IL Buffalo Grove, IL Des Plaines, IL Palatine, IL Glenview, IL Northbrook, IL Arlington Hts, IL
Starbucks-Anchored Retail Center
Updated: Aug 19
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
27,232 sqft
Drive‑through Starbucks anchor on an outparcel
100% occupancy with a 5‑year weighted average lease term
Signalized intersection of Lake Cook and Lexington
Internally illuminated channel signage for each tenant
Illuminated pylon sign at a property access point
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Multi-Building Retail and Office Center
Updated: May 9
Multi-Building Retail and Office Center

604 - 698 N Milwaukee Ave, Prospect Heights, IL 60070

Contact for pricing
113,801 sqft
113,801 SF multi‑tenant retail center across three buildings
Approximately 10,550 SF of second‑floor office space included within the retail center
In‑place NOI of approximately $1,004,000
87% occupied; 14,954 SF of remaining vacancy provides lease‑up upside
Located along North Milwaukee Avenue, serving Prospect Heights, Wheeling, Mount Prospect, and surrounding communities
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Wolf Point Shopping Center
Wolf Point Shopping Center

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

Contact for pricing
33,050 sqft

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

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See hot listings in Prospect Heights

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Hotel-Front Retail Center
Hotel-Front Retail Center

701 N Milwaukee Ave, Wheeling, IL 60090

Contact for pricing
1,050 sqft

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

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 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.

4-Store Shopping Center
4-Store Shopping Center

4001 Golf Road, Skokie, IL 60076

$1,600,000
16,000 sqft 0.48 AC lot

A signalized intersection and connections to regional road and transit networks serve the property.

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4-Store Retail Plaza
4-Store Retail Plaza

4001 Golf Road, Skokie, IL 60076

$1,600,000
0.69 AC lot

A multi-unit retail property with central air, concrete and brick construction, and signalized corner access.

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Neighborhood Retail Strip Center
Neighborhood Retail Strip Center

2823 Dundee Rd, Northbrook, IL 60062

Contact for pricing
18,782 sqft 1.67 AC lot

Stabilized strip center with 18,782 SF of retail space and parking for 4.42 vehicles per 1,000 SF.

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Northbrook Mixed-Use Investment Opportunity
Northbrook Mixed-Use Investment Opportunity

1310 Shermer Road, Northbrook, IL 60062

Contact for pricing

Mixed-use property with commercial and residential components in affluent Northbrook.

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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.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

Nearly two acres at a corner near I-294, I-55, and Route 83.

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Corner Commercial Land
Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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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.

11 Wolf Rd
MINI-MALL

11 Wolf Rd, Prospect Heights, IL 60070-2609

Estimated value:
$370,000
0.34 AC lot
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1 Wolf Rd
MINI-MALL

1 Wolf Rd, Prospect Heights, IL 60070-2627

Estimated value:
$535,000
19,127 sqft 1.41 AC lot
View details
1205 Elmhurst Rd
MINI-MALL

1205 Elmhurst Rd, Prospect Heights, IL 60070-1021

Estimated value:
$405,000
1.05 AC lot
View details

Prospect Heights, IL Shopping Centers Market Trends and Statistics

Explore 7 shopping centers for sale in Prospect Heights, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 175,133 square feet of properties for sale, with an estimated market value of $5,615,000.

Sale prices for plazas in Prospect Heights, IL average $5,615,000 — 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

Shopping centers 1
Storefront properties 1

Demographics Overview

Population 16K
Population Growth (5Y) -3.1%
Median Household Income $91,210
College Educated 48.4%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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