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1033 S Noel Avenue Wheeling, IL 60090

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For Sale
$5,325,000

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

Type:Business Opportunities
Property size:
96,959 SF
Lot size:
5.12 Acres
Added:
Sep 6, 2023
Days on Market:
944
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

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Listing Contact
Kevin Kaplan
Kevin Kaplan

Listing agent Kevin Kaplan License #475168120

Listing office Entre Commercial Realty, LLC

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


Overview

Wheeling Industrial Building For Sale

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.
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

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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

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.
More about this property
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