1040 S MILWAUKEE Avenue, Wheeling, IL
  • $1,895,000
  • $1,975,000

Description

Armchair investment opportunity! Prime office/retail 2 -story building for sale on busy Milwaukee rd.21! Build in 1967, good condition! Perfect regional location, only 5 minutes off Willow rd. and I-294.next to Chicago Executive Palwaukee airport! 23 Private suites with variety of sizes and configuration from 300 SQ FT to 2700 SQ FT.! 60 parking spots generated extra income! High occupancy rate, only 3 units currently vacant! ALL units have private entrances, reception area 2-3 offices, closets. Some has storage, washroom, kitchen and conference room. Ideal for variety business: medical/dental, attorney, CPA, Real Estate, contractors. Building has elevator, bathrooms on each floor, central air and plenty of parking spaces. Great road exposure!!! Ready for new owner!

  • Listing Courtesy of: Core Realty & Investments, Inc

Details

Updated on June 15, 2026 at 3:15 pm
  • Property ID MRD12190640
  • Price $1,895,000
  • Year Built 1967
  • Property Type Office
  • Property Status Active
  • Parcel Number 03132000160000
  • MLS Status Active
  • Days On Market 607
  • Cumulative Days On Market 590
  • Tax Annual Amount 98549
  • Cooling Central Air
  • Directions 1040 S.Milwaukee ave. located North of Willow rd. and South of Hints
  • BuildingAreaTotal 26000
  • LotSizeSquareFeet 40300
  • StoriesTotal 3
  • Zoning INDUS
  • Address 1040 S MILWAUKEE Avenue
  • City Wheeling
  • State/county IL
  • Zip/Postal Code 60090
  • Country United States

Overview

Property ID: MRD12190640
  • Office
  • Property Type
  • 1967
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%