Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()

Property Description

JLL is pleased to exclusively offer the opportunity to acquire a retail building located in Wheeling, Illinois (the “Property”). The Property sits on a large 1.55-acre parcel near the hard corner and signalized intersection of Milwaukee Avenue and Lake Cook Road, an intersection that has combined traffic counts of 83,000 vehicles per day. The surrounding area is home to corporate headquarters of Fortune 500 companies such as Walgreens, Discover, Baxter, CDW, and Aon, all contributing to the large daytime population of over 100,000 people within a three-mile radius of the Property. This offering presents the opportunity to acquire a retail building on an oversized lot within a highly trafficked and growing Chicago suburb.

Investment Highlights

  • Value-add opportunity to redevelop on a common corner in Wheeling, IL
  • Oversized lot along highly trafficked retail corridor
  • Outlot to Westin Hotel
  • Densely populated and affluent northern Chicago suburb
  • Large daytime population with massive exposure to 83,000 VPD
  • Fortune 500 headquarters in close proximity
Last Updated Date: 12 Jul 2021
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
License details
IL - 475.170243
Alex Geanakos
Alex Geanakos
Director, Capital Markets
License details
475.189621

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Last Updated Date: 12 Jul 2021

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