The Blues captain retired from international football in September 2012 ahead of being found guilty of racially abusing Anton Ferdinand, with the centre-back calling his position with the Three Lions "untenable".
Gary Cahill is currently first choice under Hodgson, but Wilkins feels that with the defender struggling for starts at Chelsea, the England boss should look to Terry.
"Gary Cahill hasn't been in the starting line-up for Chelsea and I think Jose [Mourinho] prefers David Luiz and John Terry, who Roy should have a little chat with because he was absolutely superb yesterday against Cardiff," Wilkins told BBC Radio 5 Live's 'Sportsweek'.
"I don't think we are blessed with too many centre-halves and if we could persuade John to have another go, we should.
"I have no idea [if he would be interested in an England return] because I haven't had the conversation with him. But it certainly would be one I'd be having if I was the England manager.
