Wheeling, IL 60090 1040 S MILWAUKEE Avenue
$1,895,000



10 more











Presented By: Core Realty & Investments, Inc
Home Details
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!
Presented By: Core Realty & Investments, Inc
Interior Features for 1040 S MILWAUKEE Avenue
Other Interior Features
FlooringCarpet, Tile, Wood
General for 1040 S MILWAUKEE Avenue
Additional Parcels Y/NYes
Cap Rate5.4
CityWheeling
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyCook
Current UseCommercial
Directions1040 S.Milwaukee ave. located North of Willow rd. and South of Hints
ElectricSeparate Meters, Other
Gross Income20275
Leasable Area2600
Lease TypeNet
Lot Size Square Feet40300
MLS AreaWheeling
ModificationTimestamp2025-05-10T05:06:01.865Z
Net Operating Income105638
Number Of Units Total23
Operating Expense137662
PossessionNegotiable
Possible UseCommercial, Office, Retail
Property SubtypeOther
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount98549
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Insurance
TownshipWheeling
UtilitiesElectricity Available, Natural Gas Available, Water Available
Year Built1967
ZoningINDUS
Exterior for 1040 S MILWAUKEE Avenue
Building Area Total26000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Frontage Road, State Road
Lot Dimensions201X200
Additional Details
Price History
