News

04.25

Prime Freestanding Retail Building in Wheeling Now Available for Sublease

Staff Reports

Prime Freestanding Retail Building in Wheeling Now Available for Sublease

A rare opportunity has emerged for restaurateurs and retailers seeking a high-visibility location anchoring the northern end of Wheeling's Restaurant Row. A premier 11,808-square-foot freestanding retail building at 781 N Milwaukee Avenue in Wheeling is now available for sublease, offering turnkey features and unbeatable location advantages.

Situated at the southeast corner of the signalized intersection at Milwaukee Avenue and Lake Cook 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 fully built out for restaurant use and includes a large kitchen equipped with a hood, walk-in cooler, and drive-in delivery door, as well as a bar area, lounge space, private staff hallway, and outdoor seating. The site also features prominent dual-sided signage along Milwaukee Avenue and a billboard facing Lake Cook Road, ensuring excellent branding visibility.

Located within a highly trafficked hospitality and dining hub, the property shares its development with The Westin Chicago North Shore, Cooper’s Hawk Winery & Restaurant, Saranello’s, Cilantro Taco Grill, Chicago Ramen, and Spears Bourbon, Burgers & Beer. 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 restaurant, specialty grocer, or other retail concept to enter a well-established and growing commercial corridor. CLICK HERE FOR MORE INFORMATION.