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Wheeling, ILLand
Approx. 1.15 Acres Commercial Land in Wheeling, IL
283 S. Milwaukee Avenue, Wheeling, IL, 60090
Sold
Wheeling, ILCommercial
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Wheeling, ILLand
283 S. Milwaukee Avenue, Wheeling, IL, 60090
Sold
This asset has sold. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
3 photographs — scroll the strip or choose a frame below.
Historical sale record. Property details reflect the original listing.
2019 Taxes: $23,881.66
PIN #: 03-12-105-025-0000
Lot Size: Approx. 1.15 Acres
Zoning: B-3
Approximately 1.15 AC (approx. 50,134 SF) of clean and fully cleared, buildable land. This land parcel is located on desirable, high-traffic Milwaukee Avenue along “Restaurant Alley” just South of Dundee Road, with easy access from both South and North directions boasting 26,000+ Cars Per Day.
Adjacent to this property (at 269 S. Milwaukee Avenue) there is an additional parcel (approx. .58 AC) . It has a vacant former restaurant with large kitchen including all furniture, fixtures and equipment. This adjacent property allows for a potential total land purchase of approximately 1.73 acres. Both land parcels have clean Phase I Environmental reports.
There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops etc.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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