Village of Wheeling Economic Development / Home

Our Strengths in Numbers

1.2M

Workers Within a 30-Minute Commute

TIF Districts

1,000

New Luxury Housing Units

$1B

In Food and Beverage Sales

Gateway to Global Markets

Situated in close proximity to Chicago, one of the world’s major economic hubs, Wheeling, Illinois provides businesses with unparalleled access to a diverse and skilled workforce drawn from the metropolitan area. Efficient transportation options that include access to major highways and O'Hare International Airport facilitate connectivity on a global scale. Moreover, Wheeling’s adjacency to world-class research institutions and universities, fosters innovation and collaboration opportunities within the region.

O'Hare International Airport

7 MI

Lake Michigan

10 MI

Downtown Chicago

23 MI

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Spears and Westin on Restaurant Row in Wheeling

Why Wheeling

Welcome to Wheeling, Illinois – an environment humming with economic opportunity and community growth. Located in Chicago's prestigious northern suburbs, Wheeling is a dynamic community of 40,000, known for its unique balance of industry, commercial development, and residential charm. Home to the renowned Milwaukee Avenue "Restaurant Row" and part-owner of the bustling Chicago Executive Airport, Wheeling offers diverse housing options, convenient commuter access via Interstate 294 and Metra rail, and a wealth of amenities including top-rated schools, shopping, healthcare, and recreation facilities.

Restaurant Row

Wheeling’s Restaurant Row is not just about great food; it's about community, connection, and a shared love for exceptional dining.

This strip is home to legendary establishments, each bringing unique flavors and a touch of history to the area. From sophisticated ambiance to rustic charm and everything in between, these establishments generate significant economic impact, drawing visitors from far and wide. Come see for yourself why Wheeling is a premier destination for food enthusiasts and experience the unique blend of flavors and hospitality that define this remarkable town.

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TIF Districts

The Village of Wheeling has strategically established five Tax Increment Financing (TIF) Districts to drive economic development and revitalization in key areas. Under Illinois state guidelines, these TIF districts use property tax increments to fund public improvements and provide business incentives. This initiative highlights yet another way that Wheeling aims to foster sustainable growth and enhance community vitality.

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Chicago Executive Airport

Chicago Executive Airport has grown into a vital economic engine for Wheeling and the surrounding area. Purchased by George Priester in 1953 and later acquired by Wheeling and Prospect Heights, the airport now serves as a key hub for private airplane owners, flight schools, businesses, and major corporations. With recent multi-million-dollar investments, including a new US Customs Office, it continues to expand its capacity to support both general and business aviation.

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Success Stories