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Renovated Wheeling Warehouse Space Available
For Lease
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742 Glenn Avenue, Wheeling, IL 60090

67,550 SF warehouse undergoing renovations with low real estate taxes.

Space Size67,550 SF
Property Size119,150 SF
Days on Market1168

Property Features for 742 Glenn Avenue

General Information

Standard status Active
Size 67,550 SF
Total Parking Spaces 75
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 119,150 SF
Tenancy Multiple

Spaces For Lease

at 742 Glenn Avenue Contact us

Available Space

Size
67,550 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Hiffman
Listed By: Kelly Disser · License #IL 475133590
Source: Crexi
Added: Jun 10, 2023 Changed: Aug 10 Last Checked: Aug 20 at 12:18AM

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 NAI Hiffman

Investment Insights

Based on property information with market context.

This property offers approximately 67,550 square feet of warehouse space and is currently undergoing renovations. It is located in Wheeling, IL. The property benefits from a new 6B tax designation, resulting in low real estate taxes.

Key Highlights

  • ±67,550 SF of space.
  • Renovations Underway, presenting an opportunity to customize.
  • Benefit from the New 6B.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60090, IL

39,017
Population
15,960
Households
2.4
Avg Household Size
39
Median Age
40%
College-Educated
88%
High-School Grad
9.0 sq mi
ZIP Area
4,335
Density / Sq Mi
$83,449
Median Household Income
$45,436
Median Earnings
$1,578
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • SecPlus 840 Wheeling Rd, Wheeling, IL 60090

Frequently Asked Questions

What type of property is this?
Warehouse - 67,550 SF warehouse undergoing renovations with low real estate taxes.
Where is this warehouse located?
The property is located at 742 Glenn Avenue Wheeling, IL.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: ±67,550 SF of space.; Renovations Underway, presenting an opportunity to customize.; Benefit from the New 6B.
(630) 317-0721 Call to check price and availability
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