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$1,450,000

  • Sold
  • Closed
  • Commercial
  • 14,400 Sq. Ft.
See This Home
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This property is a nearly fully occupied and stabilized multi-retail center with long-term tenants, offering excellent visibility and high foot traffic. Currently, 90% of the retail spaces are leased, featuring a diverse range of businesses including a donut shop, El Burrito Restaurant, GD, dog grooming, Mr. Smoke, a laundromat, and dry cleaners. The building comprises a 14,400 square foot retail center situated on over 41,800 square feet of land, providing convenient access to Interstate-94, I-294, and Route 53. It is a fantastic potential income producer with ample parking for over 50 cars. The property includes 12 units currently configured for 9 tenants and boasts excellent visibility. *** PLEASE DO NOT DISTURB OR TALK TO TENANTS ***

Full Property Details for 729-751 Dundee Rd

General

  • Sold For: $1,450,000
  • Taxes: $106,660 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12080980
  • Added to Site: 619 day(s) ago

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s)

Parking

  • Parking Features: 51 to 100 Spaces

Location

  • Area: Wheeling
  • County: Cook
  • Driving Directions: W. Dundee Rd to between Wolf and McHenry Rd.
  • Location Details: Central Business District, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Exterior Const.: Brick, Other
  • Stories/Levels: 1
  • Square Feet: 14,400
  • Current Bldg. Use: Commercial
  • Year Built: 1965

Unit Information

  • # Tenants: 7

Lot Features

  • Lot Size (Sq. Ft.): 41,800
  • Lot Dimensions: 220 x 190
  • Frontage: Public Road, Signal Intersection
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $15
  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $117,477
  • Security Deposit: Alarm On Site, Fire Extinguisher/s
  • Assessment Year: 1965
  • Tax Amount: $106,660
  • Tax Year: 2022
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger

Disclosures and Reports

  • Documents Avail.: Rent Roll, Leases, Tax Bill
  • Property ID: 3034000350000

Listed and Sold by Mega USA Properties, Inc.

Listing agent

— 729-751 Dundee Rd —

  • Mega USA Properties, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 729-751 Dundee Rd

Date
Details
Price
Change
Source
9/30/2024
Sold
$1,450,000
-8.81%
MLS
6/11/2024
Listed
$1,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Mega USA Properties, Inc.

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729-751 Dundee Road, Wheeling, IL 60090 (MLS# 12080980) is a Commercial property that was sold at $1,450,000 on September 30, 2024. Want to learn more about 729-751 Dundee Road? 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.