Wheeling Commercial Real Estate

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Jameson Commercial
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363 Alice St - Entire Building Wheeling, IL 15 foot ceiling height
Sep 02
10,000
sqft
For Sale Industrial
321 E Dundee Rd - Entire Building Wheeling, IL cap rate 8.10%
Jun 19
64,350
sqft
For Sale Office
34 N Elmhurst Rd - Entire Building Wheeling, IL driveup service
Jun 01
3,190
sqft
For Sale Office Medical Retail Industrial

Wheeling

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,600

Wheeling Rates

Most listings are in the $10's per square foot per year. The Wheeling region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Chicagoland market, the Wheeling region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Wheeling Listing Supply

In the last 90 days, 73 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Wheeling are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1982 and are Class B.

Wheeling Community

Market Data

Real time and historical data on commercial real estate listings in Wheeling.
Research