Wheeling Town Center — Lease in Wheeling, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Wheeling, IL 60090
Photos
Description
Wheeling Town Center | Restaurant & Retail Space Available INLINE SPACE AVAILABLE + 2,540 SF Blank Canvas + Head-In Parking Hub of the community + 301 Luxury Apartments + 100,000 SF of Retail, Restaurant and Entertainment Space + Anchored by Cinergy Movie Theater + Next to Wheeling Park District and Heritage Park Easily Accessible + Wheeling Metra Onsite + Multiple Dundee Rd Access Points Including Full Traffic Light Vibrant Plaza + Pedestrian Friendly Plaza with Weekly Community Events
Market Context
This retail in Wheeling, IL is listed for lease. Compare it against other retail listings for lease in Wheeling, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Contact
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
Explore this market
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