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Contiguous Flex and Warehouse Buildings
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450 & 500 Chaddick Dr, Wheeling, IL 60090

Two contiguous, fully air-conditioned buildings include truck-level docks, two DIDs, and office space.

Property SizeContact for details
Days on Market132

Property Features for 450 & 500 Chaddick Dr

General Information

Standard status Active
Property subtype Industrial

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Amenities

fully air-conditioned
T-5 lighting
eligible for 6B tax incentive
Listing Agency: KW Commercial Keller Williams Chicago-O'Hare
Listed By: Patrice Marks · License #IL 475126966
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:53AM

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 KW Commercial Keller Williams Chicago-O'Hare

Investment Insights

Based on property information with market context.

This offering includes two contiguous, fully air-conditioned flex and warehouse buildings that can be sold together or separately. Each building features office space and a truck-level configuration, with exterior dock access and two DID doors referenced in the remarks. The facilities are supported by T-5 lighting and include 6" thick, sprinklered floors designed for warehouse use.

The property is described as having 15' and 19' clear heights, with an electrical service totaling 2,400 amps at 240 volt and 1,200 amps at 480 volt. Eligible for the 6B tax incentive per the provided remarks.

With two connected buildings and existing office and loading features, the site is set up to accommodate a single user operation or a split-use scenario between tenants, depending on how the buildings are acquired.

Key Highlights

  • Two contiguous fully air‑conditioned buildings can be sold separately
  • 3,800 SF office with truck‑level dock and two DIDs
  • 15' and 19' clear height with T‑5 lighting

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Real Estate Agency Law Firm Nail Salon (Bike/Boat/Book/etc) Store Barber Shop

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

1
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

502
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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Frequently Asked Questions

What type of property is this?
Flex space - Two contiguous, fully air-conditioned buildings include truck-level docks, two DIDs, and office space.
Where is this flex space located?
The property is located at 450 & 500 Chaddick Dr Wheeling, IL.
What are key features of this property?
This property features: Two contiguous fully air‑conditioned buildings can be sold separately; 3,800 SF office with truck‑level dock and two DIDs; 15' and 19' clear height with T‑5 lighting
(773) 583-0800 Call to check price and availability
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