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$569,900 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 322 N Milwaukee Ave
General
- Price: $569,900
- Taxes: $9,664 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12082128
- Updated: 4/12/2026
- Added to Site: 5 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Ansul System, Smoke or Fire Protectors
Location
- Area: Wheeling
- County: Cook
- Township: Wheeling
- Driving Directions: Milwaukee north pass Dundee to 322 N. Milwaukee Ave.
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1926
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 13,600
- Lot Dimensions: 81 x 184
- Zoning: COMMR
Financial Considerations
- Security Deposit: Alarm Monitored, Alarm On Site, Ansul System, Smoke or Fire Protectors
- Assessment Year: 1926
- Tax Amount: $9,664
- Tax Year: 2023
Disclosures and Reports
- Property ID: 3024040210000
Listed by Century 21 Utmost
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Schools
Schools serving 322 N Milwaukee Ave
School Districts:Wheeling Community Consolidated School District 21, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Eugene Field Elementary School, Wheeling, IL 51 Saint Armand Lane, Wheeling, IL 60090 | PK-5 | 1.7 mi |
Jack London Middle School 1001 West Dundee Road, Wheeling, IL 60090 | 6-8 | 1.7 mi |
Wheeling High School 900 South Elmhurst Road, Wheeling, IL 60090 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 322 N Milwaukee Ave
Date
Details
Price
Change
Source
4/10/2026
Listed
$569,900
75.35%
MLS
11/03/2022
Sold
$325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 322 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,664
5%
$28,837
—
2022
$9,217
-21%
$28,837
-9%
2021
$11,685
3%
$31,537
—
2020
$11,380
-5%
$31,537
-14%
2019
$11,961
-7%
$36,502
4%
2018
$12,860
2%
$35,238
—
2017
$12,598
7%
$35,238
—
2016
$11,757
-7%
$35,238
—
2015
$12,609
3%
$35,386
—
2014
$12,300
228%
$35,386
202%
2013
$3,755
-12%
$11,701
-18%
2012
$4,251
—
$14,236
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 322 N Milwaukee Ave
322 N Milwaukee Avenue, Wheeling, IL 60090 (MLS# 12082128) is a Commercial property. 322 N Milwaukee Avenue is currently listed for $569,900 and was received on April 10, 2026. Want to learn more about 322 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Wheeling? You can browse all Wheeling real estate or contact a Coldwell Banker agent to request more information.

