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    Wheeling, IL Industrial Properties for Sale

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    Wheeling Industrial Building For Sale
    Updated: Jul 3, 2023
    Wheeling Industrial Building For Sale

    1033 S Noel Avenue, Wheeling, IL 60090

    $5,325,000
    96,959 sqft 5.12 AC lot
    96,959 SF industrial building offering flexible usage as a single‑user or multi‑tenant facility.
    Benefit from the recent roof and parking lot replacement completed within the last 2 years.
    Offers the potential for tenant leaseback of approximately 1/2 of the building, or take advantage of complete vacancy.
    Zoned I‑2 with heavy power**, 14' ceilings, 5 truck docks, and 1 drive‑in door.
    Situated on a 5.12 acre lot with outside parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1033 S Noel Avenue, Wheeling, IL 60090

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $417K
      Annual

    • Price @ 7% Cap

      $5.96M
      Above asking

    • Property Type

      Industrial (General)
      Built 1965
    View Property Analytics
    Flex Industrial Building with Drive-Ins
    Updated: Apr 10
    Flex Industrial Building with Drive-Ins

    1030 S Milwaukee Ave, Wheeling, IL 60090

    Contact for pricing
    11,000 sqft
    11,000 SF flex industrial building operating as an automotive repair shop
    Four drive‑in doors for easy vehicle access
    12.5’ clear ceilings in the repair shop
    Updated offices and secured fenced parking on site
    Located next to Chicago Executive Airport
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    Free-Standing Industrial Facility
    Free-Standing Industrial Facility

    280 Camp McDonald Rd, Wheeling, IL 60090

    Contact for pricing
    14,508 sqft

    Well-maintained standalone building suited for manufacturing or distribution operations.

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    Automotive Service Facility
    Automotive Service Facility

    1030 S Milwaukee Avenue, Wheeling, IL 60090

    Contact for pricing
    11,000 sqft 2.64 AC lot

    Vacant masonry facility with office, service, parking, signage, and direct street access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Wheeling Industrial Space For Lease
    Wheeling Industrial Space For Lease

    200-222 Marquardt Drive, Wheeling, IL 60090

    Contact for pricing
    30,000 sqft 1.63 AC lot

    10,000 SF industrial space available near Chicago Executive Airport.

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    Industrial Condo with Office
    Industrial Condo with Office

    535 Wolf Rd, Wheeling, IL 60090

    Contact for pricing
    3,200 sqft

    Industrial condo includes newly remodeled office, 14’ warehouse ceilings, two drive-in doors, and skylights.

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    Warehouse Flex Space
    Warehouse Flex Space

    318 N. Milwaukee Ave., Wheeling, IL 60090

    Contact for pricing
    5,412 sqft

    Flex space suitable for a variety of showroom and service retail uses, including home improvement and equipment sales.

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    Multi-Tenant Flex Industrial Building
    Multi-Tenant Flex Industrial Building

    600 Northgate Parkway, Wheeling, IL 60090

    Contact for pricing
    31,726 sqft 1.99 AC lot

    Multi-tenant flex/industrial property with 11 units, one shared exterior loading dock, and multiple grade-level truck doors.

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    Flex Space with Training Facilities
    Flex Space with Training Facilities

    100 E Palatine Rd, Wheeling, IL 60090

    Contact for pricing
    62,757 sqft

    Industrial flex property includes multiple training rooms, a fully equipped cafeteria, and multi-media throughout.

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    Industrial Warehouse with Bridge Crane
    Industrial Warehouse with Bridge Crane

    900 Chaddick Dr, Wheeling, IL 60090

    Contact for pricing
    75,902 sqft

    Industrial warehouse includes a 10-ton bridge crane, three one-ton jib cranes, and bus ducts throughout.

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    Industrial Flex Warehouse
    Industrial Flex Warehouse

    149 Wheeling Rd, Wheeling, IL 60090

    Contact for pricing
    1,860 sqft

    Includes 273 SF office, 14'9" clear height, and a 12' x 12' electric overhead drive-in door.

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    Wheeling Office/Flex Building For Sale
    Wheeling Office/Flex Building For Sale

    1400 S Wolf Rd, Wheeling, IL 60090

    Contact for pricing
    43,269 sqft

    Class B single-story office/flex building available for purchase.

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    Industrial Flex Building with Fenced Yard
    Industrial Flex Building with Fenced Yard

    120 Marquardt Dr, Wheeling, IL 60090

    Contact for pricing
    1.00 AC lot

    Industrial flex building on nearly an acre with oversized drive-in doors and a large fully fenced back lot.

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    Contiguous Flex and Warehouse Buildings
    Contiguous Flex and Warehouse Buildings

    450 & 500 Chaddick Dr, Wheeling, IL 60090

    Contact for pricing

    Two contiguous, fully air-conditioned buildings include truck-level docks, two DIDs, and office space.

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    Free Standing Flex Building
    Free Standing Flex Building

    250 Chaddick Dr, Wheeling, IL 60090

    Contact for pricing
    15,695 sqft

    15,695 SF flex building with office space for sale.

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    Wheeling Industrial Building For Sale
    Wheeling Industrial Building For Sale

    1033 Noel Ave, Wheeling, IL 60090

    Contact for pricing
    96,959 sqft 5.12 AC lot

    96,959 SF industrial building in Wheeling, Illinois available for sale.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Top-Tier Office Suite/Recording Studio
    Top-Tier Office Suite/Recording Studio

    636 Anthony Trail, Northbrook, IL 60062

    $1,200,000
    3,606 sqft

    High-end office suite and recording studio in Northbrook.

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    Industrial Flex Building with Loading
    Industrial Flex Building with Loading

    Des Plaines, IL 60016

    Contact for pricing
    79,322 sqft 3.10 AC lot

    Well-maintained industrial flex options with 16’ clear height, dedicated loading, and on-site office space.

    View details
    Industrial Warehouse with Office
    Industrial Warehouse with Office

    3075-3085 Commercial Ave, Northbrook, IL 60062

    Contact for pricing
    39,093 sqft

    Warehouse includes new LED lighting, four interior docks, 18' clear height, plus office and showroom space with 46 parking spots.

    View details
    Renovated Industrial Warehouse With Showroom
    Renovated Industrial Warehouse With Showroom

    1628-30 Rand Road, Des Plaines, IL 60016

    $1,799,000
    1.00 AC lot

    Corner industrial property offers showroom exposure, flexible division for two businesses, and upgraded building systems.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land with 260-Foot Frontage
    Industrial Land with 260-Foot Frontage

    1033 S Wheeling Road, Wheeling, IL 60090

    $750,000
    0.98 AC lot

    Nearly one acre of INDUS-zoned industrial land on a 260x164 lot, with an on-site home needing rehab.

    View details
    Subdividable Industrial Land Lot
    Subdividable Industrial Land Lot

    204 E HILL Street, Villa Park, IL 60181

    $300,000

    Vacant industrially zoned lot offers outside storage and parking, with the ability to subdivide into two parcels.

    View details
    Industrial Development Site in Glen Ellyn
    Industrial Development Site in Glen Ellyn

    1N450 Highland Avenue, Glen Ellyn, IL 60137

    $2,500,000
    6.00 AC lot

    5.95-acre industrial development site in DuPage County.

    View details
    Fenced-Yard Flex Space
    Fenced-Yard Flex Space

    35220 N Il Route 83, Round Lake Beach, IL 60073

    $1,590,000
    1.82 AC lot

    Flex space with office, shop, and secured outdoor yard components.

    View details

    Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    129 Wheeling Rd
    CONDOMINIUMS (INDUSTRIAL)

    129 Wheeling Rd, Wheeling, IL 60090-4807

    $240,000
    Estimated value
    2.33 AC lot
    View details
    555 Wolf Rd 14th
    CONDOMINIUMS (INDUSTRIAL)

    555 Wolf Rd 14th, Wheeling, IL 60090-3027

    $185,000
    Estimated value
    4.17 AC lot
    View details
    199 Shepard Ave
    INDUSTRIAL (GENERAL)

    199 Shepard Ave, Wheeling, IL 60090-6021

    $17,400,000
    Estimated value
    3.49 AC lot
    View details
    2120 Foster Ave
    INDUSTRIAL (GENERAL)

    2120 Foster Ave, Wheeling, IL 60090-6507

    $330,000
    Estimated value
    1.01 AC lot
    View details
    576 Quail Holw Dr
    INDUSTRIAL (GENERAL)

    576 Quail Holw Dr, Wheeling, IL 60090

    $310,000
    Estimated value
    0.47 AC lot
    View details
    1475 Wheeling Rd
    INDUSTRIAL (GENERAL)

    1475 Wheeling Rd, Wheeling, IL 60090-5926

    $2,695,000
    Estimated value
    0.90 AC lot
    View details
    2039 Foster Ave 2nd 5-89
    CONDOMINIUMS (INDUSTRIAL)

    2039 Foster Ave 2nd 5-89, Wheeling, IL 60090-6513

    $650,000
    Estimated value
    1.60 AC lot
    View details
    2039 Foster Ave 3rd 5-89
    CONDOMINIUMS (INDUSTRIAL)

    2039 Foster Ave 3rd 5-89, Wheeling, IL 60090-6513

    $840,000
    Estimated value
    1.60 AC lot
    View details

    Wheeling, IL Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Wheeling, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 500,247 square feet of properties for sale, with an estimated market value of $5,325,000.

    Sale prices for industrial buildings in Wheeling, IL average $5,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 19
    Manufacturing properties 3
    Distribution centers 2

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Wheeling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60090 $5.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Wheeling fall within the 50,000 to 100,000 square foot range.

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