Home Details for 625 W Dundee Road

This premier development opportunity is located at the signalized southeast corner of Dundee Road and Wheeling Road in Wheeling, Illinois. This highly visible site offers a rare chance for land and retail investors to acquire a strategically positioned property within one of the most active and evolving growth corridors in the northwest suburban Chicago market. Zoned MXT (Mixed-Use Transitional), the property is ideally suited for a wide range of development possibilities, including high-density mixed-use, multifamily, retail, or a combination thereof. Positioned within Wheeling's vibrant Town Center district and just moments from the Metra station, this transit-oriented location supports walkability, connectivity, and long-term value creation. The surrounding area has experienced significant reinvestment, including new multifamily developments, national and regional retailers, and ongoing municipal improvements, all contributing to increased demand and a strong consumer base. The site benefits from excellent accessibility to major thoroughfares, including quick connections to I-94, providing seamless access to downtown Chicago and the broader metropolitan area. The property's MXT zoning allows for flexible and creative development solutions, and it is eligible for a Planned Unit Development (PUD), giving developers the ability to maximize density, optimize site planning, and tailor a project to meet current market demands. This flexibility is especially valuable for investors seeking to execute a large-scale or phased development strategy in a municipality that is supportive of growth and redevelopment. Adding to its appeal, the property is located within the Wheeling Tax Increment Financing (TIF) district, which may provide access to financial incentives that can help with development costs. These incentives can include assistance with infrastructure, site preparation, and other eligible expenses, enhancing overall project feasibility and return on investment. With strong daily traffic counts along both Dundee Road and Wheeling Road, the site offers exceptional exposure and visibility for future commercial users. The combination of high traffic volumes, prominent corner positioning, and proximity to a growing residential population makes this an outstanding opportunity for retail-driven concepts as well as mixed-use developments that integrate residential and commercial components. This offering represents a unique opportunity to acquire a well-located, development-ready site with favorable zoning, strong fundamentals, and meaningful upside potential. Investors and developers will appreciate the combination of transit-oriented positioning, municipal support, and the ability to leverage TIF incentives in a high-demand suburban market.

• Utilities

  • Natural Gas Available
  • Sewer Connected
  • Water Available