Wheeling Industrial Building For
1033 S Noel Avenue, Wheeling, IL 60090
96,959 SF industrial building in Wheeling, Illinois available for sale.
Type:Business Opportunities
Property size:
96,959 SFLot size:
5.12 AcresPrice / SF:
$54/SF- Added:
- Sep 6, 2023
- Days on Market:
- 990
- Last Refresh:
- Apr 1 at 8:49 pm
Property Features for 1033 S Noel Avenue
General Information
- Standard status
- Active
- Size
- 96,959 SF
- Lot size
- 5.12 Acres
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1965
Listing agent Kevin Kaplan License #475168120
Listing office Entre Commercial Realty, LLC (847) 310-4295
Listing date Sep 6, 2023
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Entre Commercial Realty, LLC
HighLights
- 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.
- Explore the potential to utilize the 6B program for real estate tax benefits.
Overview
This industrial building, located in Wheeling, Illinois, offers 96,959 square feet of space. Constructed in 1962 and 1969, the masonry building features a warehouse-type industrial area, complemented by a 6,500 square foot front office along Noel Avenue and an additional 3,424 square feet of two-story office space in the northeast section. The property, zoned I-2, includes heavy power, 14-foot ceilings, five truck docks, and one drive-in door. Floor drains are present, and the 5.12-acre lot can accommodate outside parking. The roof and parking lot have been replaced within the last two years, and the building is in good condition. The warehouse space is divided into six sections, interconnected by roll-up doors, making it suitable for a single large user or multiple tenants. The divisions include: a 35,708 square foot warehouse (Unit 1), an 18,000 square foot warehouse (Unit 2), a 13,920 square foot warehouse (Unit 3), a divisible 6,500 square foot front office, a 6,204 square foot warehouse with 1,711 square feet of office space and a second-floor office (Unit 4), a 3,900 square foot warehouse (Unit 5), and an 8,850 square foot warehouse (Unit 6). The building is currently occupied by Precision Paper Tube Company, which may stay as a tenant and lease back about 12 of the building, or vacate entirely. A new buyer could potentially take advantage of the 6B program to help alleviate the real estate tax burden.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Precision Paper Tube ...
Department Store
International Electro Magnetic
Electronics & Wireless Store
Noel Transportation Corporation
Trucking Company
Resinite Corporation
Electronics & Wireless Store
International Electro Mag
Industrial Manufacturer
Similar Places Nearby
- SecPlus — 840 Wheeling Rd, Wheeling, IL 60090
Location Insight
- Map
- Local Demand
- City
- Wheeling
- County
- Cook
- State
- Illinois
- Longitude
- -87.9234049
- Latitude
- 42.1221147
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 96,959 SF industrial building in Wheeling, Illinois available for sale.
Where is this warehouse located?
The property is located at 1033 S Noel Avenue Wheeling, IL.
What is the asking price?
The asking price for this property is $5,325,000.
What are key features of this property?
This property features: 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.
