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    100 Shepard Ave Wheeling, IL 60090

    Sponsored
    For Sale
    $2,600,000

    Prime 26,900 SF industrial building in Wheeling, IL

    Property size:
    26,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional industrial property, located in Wheeling, IL's desirable Glenn Industrial Park, offers 26,900 square feet of space on a 1.37-acre lot. Built in 1982, the masonry building features a 19-foot building height and 16-foot clear height, ideal for various industrial uses. Loading is facilitated by one internal dock and three drive-in doors, supported by a three-ton bridge crane. A separate 3,500-square-foot office structure provides ample administrative space. The property boasts robust utilities, including 1,200 amps of 240-volt 3-phase power, gas unit heaters throughout, a fully wet sprinkler fire protection system, and 42 surface parking spaces. Zoned I-3, it's perfect for manufacturing, warehousing, or distribution. 2023 combined property taxes totaled $72,637. The property's strategic location offers easy access to major highways (I-294 and I-94), benefiting from Wheeling's business-friendly environment, skilled workforce, and strong economic growth. This property presents a compelling opportunity for businesses seeking expansion or relocation within a thriving industrial hub. The property includes two PINs: 03113050120000 and 03113050220000.

    Property Features for 100 Shepard Ave

    General Information

    Property type
    Investment properties
    Square Feet
    26,900 SF
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1982
    Property Profile Location Intelligence

    Current Use by Public Records

    Novo Card Publishers ... Publisher Wachs Motor Sports Sports

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.91887
    Latitude
    42.12891

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    FAQs

    What type of property is this?
    Investment property - Prime 26,900 SF industrial building in Wheeling, IL
    Where is this investment property located?
    The property is located at 100 Shepard Ave Wheeling, IL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (312) 506-0200
    Request Owner's contact information
    100 Shepard Ave Wheeling, IL 60090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Shepard Ave Wheeling, IL 60090
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