News

06.25

10,000 Square Foot Building for Sale on Prominent Corner Lot in Wheeling

Staff Reports

Prime Freestanding Building in Wheeling Available for Sale

A unique opportunity is available for those seeking a prominent, heavily-traveled corridor in the heart of Wheeling. A 10,000-square-foot freestanding retail building at 39 S. Milwaukee Avenue in Wheeling is available for sale, offering a great location for medical, retail, and office. The .34 acre lot is zoned B-3 and is strategically situated along Restaurant Row.

Situated at the southeast corner of the signalized intersection at Milwaukee Avenue and Dundee Road, this well-positioned property boasts exposure to over 64,000 vehicles per day (VPD) and is part of a vibrant, high-traffic corridor surrounded by top-tier national and regional tenants.

The building is currently owned by ARA Cabinets and the business continues to garner clients. The building is set up to showcase their products for kitchen and bath, but can easily be renovated into an office or medical building.

Located within a highly-trafficked retail corridor, including Walgreens and Fresh Farms, the building boasts exposure and has a large parking lot. Nearby retail anchors include Target, Starbucks, Cafe Zupas, Crumbl Cookies, Chipotle, Bob Chinn’s Crab House, and Superdawg, among many others.

Demographics in the immediate area further enhance the site’s appeal. Over 102,000 people reside within a three-mile radius, with an average household income exceeding $96,000. The building is easily accessible, located just three miles from I-94/I-294, approximately 10 miles from O’Hare International Airport, and near the Chicago Executive Airport, one of the busiest general aviation airports in the region.

Nestled among affluent communities including Deerfield, Northbrook, Lincolnshire, Highland Park, and Wilmette, Wheeling has been recognized by Family Circle as one of the best places to raise a family, offering a stable and desirable environment for both businesses and customers alike.

This property presents a prime opportunity for a medical, office, or retail concept to join a well-established and growing commercial corridor. Contact Jeff Pike at (847) 215-1700 to learn more.