231 Milwaukee Avenue, Wheeling, Illinois 60090


$480,000

For Sale
Status: Active
Sqft: 1,648
Cost/Sqft: $291
Beds: 2
Baths: 2
Year Built: 1971
Property Taxes: $7,995
Days On Market: 34
Lot Size: 0,27

Description

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.

Property Specifics

Single Family
—
—
1971
Unfinished, Partial
Vinyl Siding
—
—
No
0.27
Cook
—
— / Not Applicable
None
Public
Public Sewer
Central Air
Natural Gas
12765323
03024050030000

Nearby Schools

NAME: DISTRICT: DISTANCE:
High School
Wheeling High School
214 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
21 Sep, 2026 Listed for sale $480,000 MRED MLS

Some photos of this home have been virtually staged.


Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Master Bedroom Info:
Dimensions: 15X15
Location: 2nd Level
Floor Type: —
Second Bedroom Info:
Dimensions: 20X15
Location: 2nd Level
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Dining Room Info:
Dimensions: 8X6
Location: Main Level
Floor Type: —
Kitchen Info:
Dimensions: 9X8
Location: Main Level
Floor Type: —
Laundry Room Info:
Dimensions: 10X7
Location: 2nd Level
Floor Type: —
Living Room Info:
Dimensions: 15X17
Location: Main Level
Floor Type: —
Family Room Info:
Dimensions: 12X12
Location: Main Level
Floor Type: —
Additional Rooms Info:
Rooms: No additional rooms
Basement: Unfinished, Partial

Other Specifics

1
—
Detached, Garage
—
—
—
—
—
100x130
—
None
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2026 $7,995

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Listing Provided By

RE/MAX Suburban