$ 475,000
306-310 N Wolf Road Wheeling, IL 60090
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 475,000
Est. payment /mo
Active Under Contract
306-310 N Wolf Road Wheeling, IL 60090
5,000 SqFt
UPDATED:
10/18/2024 08:07 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $95
MLS Listing ID 12179257
Year Built 1979
Annual Tax Amount $33,559
Tax Year 2023
Lot Dimensions 132.78X100
Property Description
MIXED USE Prime Investment Opportunity in Wheeling with Low Taxes! Welcome to an unparalleled opportunity for savvy investors and ambitious entrepreneurs alike! Presenting a remarkable 5,000 SF two-story office/retail building in the heart of Wheeling, offering a versatile canvas for your commercial aspirations. Endless Possibilities: This dynamic property is adaptable to a myriad of uses, from multi-family housing to boutique retail, yoga studios to medical offices, and everything in between. With its spacious layout and strategic location, the possibilities are as vast as your imagination. Convenience & Accessibility: Boasting 22 parking spaces and a convenient drive-in door, accessibility is never an issue. Direct ingress/egress onto Wolf Road ensures seamless traffic flow, while its proximity to major thoroughfares like Milwaukee Avenue (IL-21) and Dundee Road (IL-68) offers unparalleled convenience. Positioned just 3.5 miles west of I-294, commuting is a breeze for employees and customers alike. Prime Location & Exposure: With frontage on Wolf Road and exposure to over 8,000 vehicles per day, visibility is guaranteed. Nestled in a bustling area just west of Milwaukee Avenue, this property enjoys the spotlight of high foot traffic and vibrant commercial activity, ensuring your business thrives in the spotlight. Investor's Dream, Owner's Pride: Whether you're an astute investor seeking prime real estate or an ambitious owner/user ready to make your mark, this property promises exceptional returns and enduring value. Low taxes sweeten the deal, making it an even more enticing investment opportunity. MOTIVATED SELLER- this property was under contract and all the way through ALTA when buyer backed out for buyer reasons in late September. Redevelopment Potential: Dream big and seize the opportunity for redevelopment! With zoning permitting up to 4 stories or 50 feet in height, the canvas is yours to reimagine. The Village of Wheeling welcomes visionaries and developers to unlock the full potential of this prized location. Don't miss out on this extraordinary chance to secure your foothold in one of Wheeling's most coveted commercial districts. Whether you're looking to invest, expand, or reimagine, this property offers the perfect foundation for success. Contact us today to schedule a viewing and take the first step towards realizing your commercial ambitions! Property being offered AS IS.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Flooring Carpet, Concrete
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dawn Bravo • Compass