Shopping Center

Wheeling, IL Shopping Centers for Sale

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Strip Shopping Center Property
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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Multi-Tenant Retail Center
Updated: Apr 10
Multi-Tenant Retail Center

119-145 N Milwaukee Avenue, Wheeling, IL 60090

Contact for pricing
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 30 Potential Opportunities for your consideration. Besides 2 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 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
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
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

Contact for pricing
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
Multi-Tenant Retail Building

9800 N Milwaukee Ave, Des Plaines, IL 60026

Contact for pricing
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
Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

Contact for pricing
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
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
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
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
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 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.

1057 Lk Cook Rd
MINI-MALL

1057 Lk Cook Rd, Wheeling, IL 60090-2502

$2,920,000
Estimated value
2.37 AC lot
View details
1 Huntington Ln
MINI-MALL

1 Huntington Ln, Wheeling, IL 60090-6908

$1,910,000
Estimated value
3.69 AC lot
View details
200 Mchenry Rd
MINI-MALL

200 Mchenry Rd, Wheeling, IL 60090-3202

Value Estimation by Request
5.93 AC lot
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820 Wheeling Rd, Unit 60
MINI-MALL

820 Wheeling Rd, Wheeling, IL 60090-5711

Unit 60
Value Estimation by Request
1.33 AC lot
View details
395 Dundee Rd
MINI-MALL

395 Dundee Rd, Wheeling, IL 60090-7001

Value Estimation by Request
0.25 AC lot
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411 Dundee Rd
MINI-MALL

411 Dundee Rd, Wheeling, IL 60090

Value Estimation by Request
0.37 AC lot
View details
321 Dundee Rd
MINI-MALL

321 Dundee Rd, Wheeling, IL 60090-3124

Value Estimation by Request
2.64 AC lot
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62 Milwaukee Ave
MINI-MALL

62 Milwaukee Ave, Wheeling, IL 60090-3108

Value Estimation by Request
View details
1900 Wolf Rd
MINI-MALL

1900 Wolf Rd, Wheeling, IL 60090

Value Estimation by Request
3.80 AC lot
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770 Dundee Rd
MINI-MALL

770 Dundee Rd, Wheeling, IL 60090

Value Estimation by Request
2.52 AC lot
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775 Dundee Rd
MINI-MALL

775 Dundee Rd, Wheeling, IL 60090-2605

Value Estimation by Request
0.65 AC lot
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528 Dundee Rd
MINI-MALL

528 Dundee Rd, Wheeling, IL 60090-2675

Value Estimation by Request
7.06 AC lot
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11 Wolf Rd
MINI-MALL

11 Wolf Rd, Prospect Heights, IL 60070-2609

Value Estimation by Request
0.34 AC lot
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1 Wolf Rd
MINI-MALL

1 Wolf Rd, Prospect Heights, IL 60070-2627

$2,665,000
Estimated value
19,127 sqft 1.41 AC lot
View details
1205 Elmhurst Rd
MINI-MALL

1205 Elmhurst Rd, Prospect Heights, IL 60070-1021

Value Estimation by Request
1.05 AC lot
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375 Dundee Rd
Lifestyle centers

375 Dundee Rd, Wheeling, IL 60090

Value Estimation by Request
View details
740 Hintz Rd
Neighborhood centers

740 Hintz Rd, Wheeling, IL 60090

Value Estimation by Request
5,865 sqft
View details
62 Milwaukee Ave
MINI-MALL

62 Milwaukee Ave, Wheeling, IL 60090-3108

Value Estimation by Request
View details
3000 Dundee Rd, Unit 403
MINI-MALL

3000 Dundee Rd, Wheeling, IL 60090

Unit 403
Value Estimation by Request
4.04 AC lot
View details
46 Dundee Rd
MINI-MALL

46 Dundee Rd, Wheeling, IL 60090-4864

Value Estimation by Request
0.56 AC lot
View details

Wheeling, IL Shopping Centers Market Trends and Statistics

Explore 22 shopping centers for sale in Wheeling, 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 Wheeling, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 4
Storefront properties 2
Automotive properties 1

Demographics Overview

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

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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