Wheeling IL Real Estate & Commercial for Sale

6 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
14,400
Status:
Active
MLS#:
12080980
Type:
Other
Year built:
1965
A broker reciprocity listing Courtesy: Mega USA Properties, Inc. 847-947-2478
View additional info

ADDITIONAL INFORMATION

This property is a nearly fully occupied and stabilized multi-retail center with long-term tenants, offering excellent visibility and high foot traffic. Currently, 90% of the retail spaces are leased, featuring a diverse range of businesses including a donut shop, El Burrito Restaurant, GD, dog grooming, Mr. Smoke, a laundromat, and dry cleaners. The building comprises a 14,400 square foot retail center situated on over 41,800 square feet of land, providing convenient access to Interstate-94, I-294, and Route 53. It is a fantastic potential income producer with ample parking for over 50 cars. The property includes 12 units currently configured for 9 tenants and boasts excellent visibility. *** PLEASE DO NOT DISTURB OR TALK TO TENANTS ***

Beds:
n/a
Baths:
Sq.Ft.:
5,000
Status:
Active
MLS#:
12079571
Type:
Mixed Use
Year built:
1979
A broker reciprocity listing Courtesy: Baird & Warner 847-381-1855
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ADDITIONAL INFORMATION

MIXED USE Prime Investment Opportunity in Wheeling with Low Taxes! Welcome to an unparalleled opportunity for savvy investors and ambitious entrepreneurs alike! Presenting a remarkable 5,000 SF two-story office/retail building in the heart of Wheeling, offering a versatile canvas for your commercial aspirations. Endless Possibilities: This dynamic property is adaptable to a myriad of uses, from multi-family housing to boutique retail, yoga studios to medical offices, and everything in between. With its spacious layout and strategic location, the possibilities are as vast as your imagination. Convenience & Accessibility: Boasting 22 parking spaces and a convenient drive-in door, accessibility is never an issue. Direct ingress/egress onto Wolf Road ensures seamless traffic flow, while its proximity to major thoroughfares like Milwaukee Avenue (IL-21) and Dundee Road (IL-68) offers unparalleled convenience. Positioned just 3.5 miles west of I-294, commuting is a breeze for employees and customers alike. Prime Location & Exposure: With frontage on Wolf Road and exposure to over 8,000 vehicles per day, visibility is guaranteed. Nestled in a bustling area just west of Milwaukee Avenue, this property enjoys the spotlight of high foot traffic and vibrant commercial activity, ensuring your business thrives in the spotlight. Investor's Dream, Owner's Pride: Whether you're an astute investor seeking prime real estate or an ambitious owner/user ready to make your mark, this property promises exceptional returns and enduring value. Low taxes sweeten the deal, making it an even more enticing investment opportunity. Redevelopment Potential: Dream big and seize the opportunity for redevelopment! With zoning permitting up to 4 stories or 50 feet in height, the canvas is yours to reimagine. The Village of Wheeling welcomes visionaries and developers to unlock the full potential of this prized location. Don't miss out on this extraordinary chance to secure your foothold in one of Wheeling's most coveted commercial districts. Whether you're looking to invest, expand, or reimagine, this property offers the perfect foundation for success. Contact us today to schedule a viewing and take the first step towards realizing your commercial ambitions!

Beds:
n/a
Baths:
Sq.Ft.:
12,000
Status:
Active
MLS#:
11962151
Type:
Retail
Year built:
1962
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Chicago 847-510-5000
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ADDITIONAL INFORMATION

Excellent restaurant opportunity on the busy Milwaukee Ave in Wheeling IL. Turnkey restaurant with Gaming. Full-service restaurant, bar, and party room on ground level. Huge 3-bedroom apartment on 2nd level already rented out. Basement has another party room, dance floor, bar, 4 walk ins, storage, and bathrooms. Gaming Income is near$100,000 annually.

Beds:
n/a
Baths:
Sq.Ft.:
7,280
Status:
Active
MLS#:
11910097
Type:
General Commercial
Lot size:
2.4 Acres
Year built:
1997
A broker reciprocity listing Courtesy: Dream Town Real Estate 312-242-1000
View additional info

ADDITIONAL INFORMATION

USE FOR A RESTAURANT OR REDEVELOP TO SUIT YOUR NEEDS! Prime location located in Wheeling's Restaurant Row. Fantastic traffic counts, approximately 7300 square feet with custom-built high-quality finishes and situated on 2.43 acres. With a large main dining area, full-service bar, main and prep kitchen plus 3 private party rooms, 3 walk-in coolers-this property checks it all for a high-quality restaurant location with fantastic traffic count exposure, being located on Milwaukee Ave. Combined with an al fresco patio and 111 parking spaces, you won't find a better opportunity in Wheeling. This property can be a redevelopment site and can be joined with another 2.4-acre site next door that is available for sale too.

Beds:
n/a
Baths:
Sq.Ft.:
7,280
Status:
Active
MLS#:
11910088
Type:
Other
Year built:
1997
A broker reciprocity listing Courtesy: Dream Town Real Estate 312-242-1000
View additional info

ADDITIONAL INFORMATION

USE FOR A RESTAURANT OR REDEVELOP TO SUIT YOUR NEEDS! Prime location located in Wheeling's Restaurant Row. Fantastic traffic counts, approximately 7300 square feet with custom-built high-quality finishes and situated on 2.43 acres. With a large main dining area, full-service bar, main and prep kitchen plus 3 private party rooms, 3 walk-in coolers-this property checks it all for a high-quality restaurant location with fantastic traffic count exposure, being located on Milwaukee Ave. Combined with an al fresco patio and 111 parking spaces, you won't find a better opportunity in Wheeling. This property can be a redevelopment site and can be joined with another 2.4-acre site next door that is available for sale too.

Beds:
n/a
Baths:
Sq.Ft.:
96,959
Status:
Active
MLS#:
11879237
Type:
Business Opportunities
Lot size:
5 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Entre Commercial Realty, LLC 847-310-4295
View additional info

ADDITIONAL INFORMATION

pleased to jointly offer this industrial building for sale in Wheeling, Illinois. The masonry building built in 1962 and 1969 totals 96,959 square feet(SF) of mostly warehouse type industrial space with the front office portion along Noel Avenue totaling 6,500 SF and the Northeast 2 story office portion adding 3,424 of additional office space. The roof and parking lot have been replaced within the last 2 years and the building is in good condition. The building is zoned I-2 and has heavy power, 14' ceilings, 5 truck docks, 1 drive in door, floor drains, and can accommodate outside parking on the 5.12 acre lot. The warehouse portions of the building are broken up into 6 distinct sections that are internally connected by roll-up doors. Ideal for large single user or multi-tenant users. The current divisions are as follows: * Unit 1 35,708 SF Warehouse * Unit 2 18,000 SF Warehouse * Unit 3 13,920 SF Warehouse * 6,500 SF Front Office (divisible) * Unit 4 6,204 SF Warehouse w/ 1,711 SF Office and 2nd Floor Office * Unit 5 3,900 SF Warehouse * Unit 6 8,850 SF Warehouse The building is currently occupied by Precision Paper Tube Company, which would stay on as a tenant and lease back about 12 of the building, or vacate entirely, depending on which option is better for the buyer. A new buyer could potentially take advantage of the 6B program to help alleviate the real estate tax burden.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Wheeling Real Estate

Wheeling is located in Illinois. Wheeling, Illinois has a population of 38,264. Wheeling is more family-centric than the surrounding county with 37.43% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Wheeling, Illinois is $62,478. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Wheeling is 37.4 years.

Wheeling Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.

Wheeling Map

Wheeling Real Estate Market Conditions

  • Median sales price

    $295,000
    10.4%
    change since last quarter
  • # Active listings

    79
    30-day change

Wheeling Schools and Demographics

Education near Wheeling, IL

City County
High School Graduates 84.97 86.19
College Degree - 2 year 6.11 6.53
College Degree - 4 year 38.34 37.19
Graduate Degree 11.73 10.61
Expenditures per Student 15,871 15,837
Students per Teacher 14.7 19.3

Elementary Schools near Wheeling, IL

Grades Students P/T Ratio ZIP
Bannockburn School KG - 08 188 9.8 60015
Betsy Ross Elementary School 02 - 03 300 15.4 60070
Booth Tarkington Elementary School PK - 05 517 20.1 60090
Dwight D Eisenhower Elementary School PK - 01 389 18.3 60070
Earl Pritchett School PK - 04 548 14.9 60089
Edgar A POE Elementary School PK - 05 454 18.8 60004
Eugene Field Elementary School PK - 05 625 17.3 60090
Greenbrier Elementary School PK - 05 377 14.4 60004
Henry W Longfellow Elementary School PK - 05 452 18.3 60089
Ivy Hall Elementary School 01 - 05 409 10.2 60089
Ivy Hill Elementary School PK - 05 550 14.9 60004
J W Riley Elementary School PK - 05 360 15.5 60004
Joyce Kilmer Elementary School PK - 05 484 16.9 60089
Kipling Elementary School KG - 05 488 14.1 60015
Mark Twain Elementary School PK - 05 556 17.1 60090
Nathaniel Hawthorne Early Childhood School PK - PK 183 9.7 60090
Olive-Mary Stitt School KG - 05 599 16.5 60004
Patton Elementary School KG - 05 444 15.2 60004
Prairie Elementary School 01 - 05 420 13.6 60089
South Park Elementary School PK - 05 462 11.7 60015
Tripp School KG - 04 618 15 60089
Walden Elementary School KG - 05 439 13.4 60015
WALT Whitman Elementary School PK - 05 562 15.4 60090
Willow Grove Kindergarten Center PK - KG 242 16.3 60089
Wilmot Elementary School KG - 05 534 14 60015
Windsor Elementary School PK - 05 468 13.3 60004

Middle Schools near Wheeling, IL

Grades Students P/T Ratio ZIP
Alan B Shepard Middle School 06 - 08 536 11.5 60015
Anne Sullivan Elementary School 04 - 05 362 17.6 60070
Aptakisic Junior High School 07 - 08 462 12.7 60089
Charles J Caruso Middle School 06 - 08 556 9.9 60015
Cooper Middle School 06 - 08 700 12.3 60089
Jack London Middle School 06 - 08 638 11.4 60090
Macarthur Middle School 06 - 08 508 13.7 60070
Meridian Middle School 05 - 06 481 14.6 60089
Oliver W Holmes Middle School 06 - 08 762 11.6 60090
Thomas Middle School 06 - 08 914 13.6 60004
Twin Groves Middle School 06 - 08 543 12.3 60089

High Schools near Wheeling, IL

Grades Students P/T Ratio ZIP
Buffalo Grove High School 09 - 12 1,899 17.1 60089
Deerfield High School 09 - 12 1,606 14 60015
John Hersey High School 09 - 12 1,946 16.7 60004
Wheeling High School 09 - 12 1,727 15.3 60090

Demographics near Wheeling, IL

City County
Neighborhood Type City Neighborhood
Population 38,264 5,238,541
Population Density 4,412 5,544
Median Age 37.4 36.4
People per Household 2.7 2.6
Median Household Income 62,478 59,426
Average Income per Capita 30,858 33,722

Real estate near Wheeling