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    Wheeling, IL
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    Wheeling, IL Shopping Centers for Sale

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    9 properties
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    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
    View details
    Multi-Building Retail and Office Center
    Updated: Feb 18
    Multi-Building Retail and Office Center

    604 S Milwaukee Ave, Wheeling, IL 60090

    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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    Multi-Tenant Retail Center on Milwaukee
    Multi-Tenant Retail Center on Milwaukee

    701-749 N Milwaukee Ave, Wheeling, IL 60090

    Contact for pricing
    14,061 sqft 1.36 AC lot

    92% leased retail center with 265 feet of frontage along North Milwaukee Avenue at a Lake Cook Road intersection.

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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
    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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    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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    Multi-Tenant Strip Mall
    Multi-Tenant Strip Mall

    729-751 W Dundee Rd, Wheeling, IL 60090

    Contact for pricing
    9,088 sqft

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

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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 Retail Shopping Center
    Multi-Tenant Retail Shopping Center

    820-860 Wheeling Rd, Wheeling, IL 60090

    Contact for pricing
    14,439 sqft

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

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    Strip Shopping Center Property
    Strip Shopping Center Property

    55 South Wolf Road, Prospect Heights, IL 60070

    Contact for pricing
    27,123 sqft

    Ascot Shopping Center is a 27,123 SF retail shopping center available through an online auction event.

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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    119-145 N Milwaukee Avenue, Wheeling, IL 60090

    Contact for pricing
    16,355 sqft

    Newer 2004 multi-tenant retail center is 91% occupied and features pylon signage along Milwaukee Avenue.

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    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 9 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.

    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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    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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    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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    Shopping Center with Mixed-Use Potential
    Shopping Center with Mixed-Use Potential

    1941 Cherry Ln, Northbrook, IL 60062

    Contact for pricing

    Downtown Northbrook property supports continued retail occupancy, re-leasing, or residential mixed-use redevelopment.

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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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    Commercial Land at Signalized Intersection
    Commercial Land at Signalized Intersection

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    Large development tract with adjacent sewer and water service near established retail anchors.

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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.

    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.

    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

    $2,035,000
    Estimated value
    3.69 AC lot
    View details
    200 Mchenry Rd
    MINI-MALL

    200 Mchenry Rd, Wheeling, IL 60090-3202

    $140,000
    Estimated value
    5.93 AC lot
    View details
    820 Wheeling Rd, Unit 60
    MINI-MALL

    820 Wheeling Rd, Wheeling, IL 60090-5711

    Unit 60
    $405,000
    Estimated value
    1.33 AC lot
    View details
    395 Dundee Rd
    MINI-MALL

    395 Dundee Rd, Wheeling, IL 60090-7001

    $390,000
    Estimated value
    0.25 AC lot
    View details
    411 Dundee Rd
    MINI-MALL

    411 Dundee Rd, Wheeling, IL 60090

    $405,000
    Estimated value
    0.37 AC lot
    View details
    321 Dundee Rd
    MINI-MALL

    321 Dundee Rd, Wheeling, IL 60090-3124

    $430,000
    Estimated value
    2.64 AC lot
    View details
    62 Milwaukee Ave
    MINI-MALL

    62 Milwaukee Ave, Wheeling, IL 60090-3108

    $575,000
    Estimated value
    View details
    1900 Wolf Rd
    MINI-MALL

    1900 Wolf Rd, Wheeling, IL 60090

    $425,000
    Estimated value
    3.80 AC lot
    View details
    770 Dundee Rd
    MINI-MALL

    770 Dundee Rd, Wheeling, IL 60090

    $415,000
    Estimated value
    2.52 AC lot
    View details
    775 Dundee Rd
    MINI-MALL

    775 Dundee Rd, Wheeling, IL 60090-2605

    $385,000
    Estimated value
    0.65 AC lot
    View details
    528 Dundee Rd
    MINI-MALL

    528 Dundee Rd, Wheeling, IL 60090-2675

    $490,000
    Estimated value
    7.06 AC lot
    View details
    11 Wolf Rd
    MINI-MALL

    11 Wolf Rd, Prospect Heights, IL 60070-2609

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

    1 Wolf Rd, Prospect Heights, IL 60070-2627

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

    1205 Elmhurst Rd, Prospect Heights, IL 60070-1021

    $405,000
    Estimated value
    1.05 AC lot
    View details

    Wheeling, IL Shopping Centers Market Trends and Statistics

    Explore 29 shopping centers for sale in Wheeling, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 256,199 square feet of properties for sale, with an estimated market value of $5,615,000.

    Sale prices for plazas in Wheeling, 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 11
    Storefront properties 4
    Automotive properties 2
    Gas stations 2
    Grocery and convenience stores 2

    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 $5.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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    • 60070

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