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    8 E Palatine Rd Wheeling, IL 60090

    For Sale
    Contact for pricing

    Industrial property suitable for corporate headquarters or training facility.

    Property size:
    62,757 SF
    Lot size:
    2.98 Acres

    Property Features for 8 E Palatine Rd

    General Information

    Size
    62,757 SF
    Lot size
    2.98 Acres

    Source: Colliers | Chicago Downtown Agent Marc Brash

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wheeling Industrial Redevelopment Opportunity

    This 62,757-square-foot industrial property in Wheeling, IL, presents a redevelopment opportunity. The property features multiple training rooms and a fully equipped cafeteria. Sophisticated multi-media systems are installed throughout the building. It is suitable for use as a corporate headquarters office or training facility, with flexible uses possible.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -87.905474
    Latitude
    42.110025

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    FAQs

    What type of property is this?
    Industrial property - Industrial property suitable for corporate headquarters or training facility.
    Where is this industrial property located?
    The property is located at 8 E Palatine Rd Wheeling, IL.
    What are key features of this property?
    This property features: - Industrial redevelopment opportunity; - Perfect for a corporate headquarters office or training facility; - Flexible uses in play
    (312) 648-9150
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    8 E Palatine Rd 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
    8 E Palatine Rd Wheeling, IL 60090
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