322 N Milwaukee Avenue Wheeling, IL ^$ 569,900

322 N Milwaukee Avenue

^$ 569,900

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Recently Listed

322 N Milwaukee Avenue

Wheeling, IL, 60090

^$ 569,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,509

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Commercial Property for sale in Wheeling, IL

for $569,900. This building was built in 1926 on a lot size of 0.312213.

Rare opportunity on Milwaukee Ave. High visibility,3200 SF mixed-use building in the heart of Wheeling's vibrant corridor, currently operating as a professional real estate office. This meticulously renovated 2-story property offers ultimate versatility for office, retail, or restaurant use. Featuring a bright open-concept main floor with a fully equipped kitchen and service area. The second level provides additional residential space with three bedrooms and one full bathroom. Massive .31-acre lot includes 16 + dedicated parking spaces-a premium find on this high traffic thoroughfare. B-3 zoning allows for endless possibilities. Move your business here and command the attention your brand deserves!

Commercial Active

Price

^$ 569,900

Property Type

Commercial

Taxes

^$ 9,664

Style

Commercial

Lot Size

0.312213

Year Built

1926

Town/City

Wheeling

County/Region

Cook

MLS | Web ID

12082128

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1926

Electric Circuit Breakers

Stories Count 2

Township Wheeling

Property Subtype Mixed Use

Tax Year 2023

Current Use Commercial

Gross Income 999

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions Milwaukee north pass Dundee to 322 N. Milwaukee Ave.

City Wheeling

Number Of Units Total 1

MLS Area Wheeling

Lot Size Square Feet 13600

Tax Annual Amount 9664

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 81X184

* Excluded Features

List By

Century 21 Utmost

Broker

graceryu4989@gmail.com

Affordability Calculator

$4,314

Per Month

Monthly Principal & Interest: $3,509
Monthly Property Taxes: $805
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wheeling, IL

Average List Price ^$1,868,829

Percent of Sale Price 228%

About Wheeling, IL

39,281 Population

7% Since 2002

^$61,129 Median Income

39.33 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2026	$569,900		Listed Price

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322 N Milwaukee Avenue, Wheeling, IL, 60090 is a Commercial Property for sale at $569,900 with a lot size of 0.312213. 322 N Milwaukee Avenue was built in 1926. The property's zip code is 60090 which is in Wheeling, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/11/2026.

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322 N Milwaukee Avenue

Commercial Property for sale in Wheeling, IL

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