231 N Milwaukee Avenue, Wheeling, IL 60090 (MLS # 12765323)

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PRICE $480,000 dsIDX morgage calculator
BEDS 2
BATHS 1.5
HOME SIZE 1,648 sqft
LOT SIZE 11,762 sqft

Freestanding storefront building with finished living quarters upstairs, a paved parking lot and a detached garage, on 0.29 acre with 100 feet of frontage on Milwaukee Avenue (US 45). Vacant, immediate occupancy. Please note: this is a mixed-use property, not a single-family house. Cook County classifies it as Class 2-12 mixed-use commercial/residential, and the Village of Wheeling zones it B-3 General Commercial and Office District. Buyer to verify residential occupancy of the second floor, and every intended use, with the Village of Wheeling. Main floor: the front door opens to a front room on the left and a larger room on the right, both with large street-facing display windows. Behind them is a kitchen area with sink and a small pantry, and a half bath sits by the stairs. Upstairs: an open room leads back to a bedroom, a full bath with tub and shower, and a laundry room, with a door out to the balcony over the entry, which has its own exterior stair down to the parking lot. Central air, boiler heat, partial basement. The sale includes the adjoining paved side lot: two parcels, 12,596 SF of land in total. B-3 zoning allows retail, restaurant, personal service, medical and dental office, general office and artist studio uses by right. IDOT counted 24,300 vehicles a day on Milwaukee Avenue at the property in 2025, and a Pace bus stop (Routes 272 and 234) is at the property. Walgreens, Fresh Farms International Market, Chase, Benihana, Scooter's Coffee and the Dundee Road restaurant cluster are within a quarter mile; the Wheeling Metra station is 1.8 miles away and I-294 at Lake Cook Road 3.9 miles. The building parcel is outside the FEMA Special Flood Hazard Area (Cook County parcel data, 2024). Buyers using residential (FHA or conventional) financing should confirm eligibility with their lender before writing an offer. Building size (1,648 SF, Cook County Assessor), lot size and all other figures are from public record or the seller and must be verified by the buyer, including real estate taxes and the 2025 Cook County reassessment.

DAYS ON MARKET 13 LAST UPDATED 9/21/2026
YEAR BUILT 1971 COMMUNITY Wheeling
GARAGE SPACES 1.0 COUNTY Cook
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Wheeling High School
High School Wheeling High School


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Wheeling
BASEMENT Partial, Unfinished, Yes
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Natural Gas
LOT 0.27 acre(s)
LOT DIMENSIONS 100x130
PARKING Detached, Garage
SEWER Public Sewer
TAXES 7995
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with RE/MAX Suburban
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