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    1033 Noel Ave Wheeling, IL 60090

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    For Sale
    $5,325,000

    96,959 SF industrial warehouse with heavy power and truck docks.

    Property size:
    96,959 SF
    Lot size:
    5.13 Acres

    Property Features for 1033 Noel Ave

    General Information

    Size
    96,959 SF
    Lot size
    5.13 Acres

    Source: Premier Commercial Realty Agent Bruce Kaplan

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

    Overview

    Wheeling Industrial Warehouse For Sale

    This 96,959 square foot building is suitable for warehouse, industrial, and flex space purposes. Situated on a 5.12 acre lot, the property is zoned I-2 and features heavy power, 14-foot ceilings, five truck docks, and one drive-in door. Floor drains are present, and the lot can accommodate outside parking. The roof and parking lot have been replaced within the last 2 years, and the building is in good condition. The warehouse portions are divided into six distinct sections, internally connected by roll-up doors, making it ideal for a large single user or multi-tenant users. The current 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 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). Additionally, there is a 6,500 square foot front office space that is divisible.
    Insight Report Location Intelligence

    Current Use by Public Records

    Precision Paper Tube ... Store International Electro Magnetic Electronic Parts Supplier Noel Transportation Corporation Trucking Company Resinite Corporation Electronic Parts Supplier International Electro Mag Manufacturer

    Suggested Use

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

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

    Similar Places Nearby

    SecPlus

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.9234049
    Latitude
    42.1221147

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    FAQs

    What type of property is this?
    Warehouse - 96,959 SF industrial warehouse with heavy power and truck docks.
    Where is this warehouse located?
    The property is located at 1033 Noel Ave 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: - Divisible warehouse space totaling 92,482 SF, ideal for single or multi-tenant use.; - Zoned I-2 with heavy power, 14’ ceilings, 5 truck docks, and 1 drive-in door.; - 5.12 acre lot allows for outside parking.
    (847) 854-2300
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    1033 Noel Ave Wheeling, IL 60090
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    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
    1033 Noel Ave Wheeling, IL 60090
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