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Listing provided courtesy of Century 21 UtmostMREDas Distributed by MLSGrid- MLS# 12082128MLS Provider

322 N Milwaukee AvenueWheeling, IL 60090

Commercial
$539,000 Active

322 N Milwaukee Avenue Overview

Time on Site:
80 days
Visits:
1

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!

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322 N Milwaukee Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 999
  • Gross Scheduled Income: 999
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1926

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Wheeling
  • Township: Wheeling

Tax Information

  • Tax Annual Amount: $9,664.00
  • Tax Year: 2023

General Information

  • Parcel Number: 03024040210000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 81X184
  • Lot Size Square Feet: 13600

General Information

  • Number Of Units Total: 1

322 N Milwaukee Avenue Neighborhood

Community

60090 (Wheeling) Demographics

38
Median Age
4,103
Population Density (per sq. mile)
47%
College Educated
$71,966
Estimated Median Income
9,269
Estimated Total Home Owners
5,879
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

322 N Milwaukee Avenue Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

322 N Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$351,640
Average List Price
$292
Average Price per Square Foot
43
Properties Sold
63
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

322 N Milwaukee Avenue History

Date Event Value Agent
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Price Reduction
$539,000 -5.4%
5/11/2026Source: MRED Status Change
Price Change
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Added to Database
April 10, 2026
2/23/2026Source: MRED Status Change
Active
2/20/2026Source: MRED Status Change
Price Change
2/16/2026Source: MRED Status Change
Active
2/11/2026Source: MRED Added to Database
February 11, 2026