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Renovated Wheeling Warehouse Space Available
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742 Glenn Ave, Wheeling, IL 60090

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

Space Size67,550 SF
Property Size119,115 SF
Days on Market193

Property Features for 742 Glenn Ave

General Information

Standard status Active
Size 67,550 SF
Property subtype Industrial

Building Details

Building Size 119,115 SF
Year Built 1994

Spaces For Lease

at 742 Glenn Ave
742 Glenn Avenue
Size 67,550 SF
Type Warehouse/Distribution
Term Negotiable
Contact us
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Kelly Disser · License #475133590
Source: Hiffman
Added: Mar 27 Changed: Sep 11 Last Checked: Oct 4 at 8:43AM

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 | Oakbrook Terrace

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

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 Ave Wheeling, IL.
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.
More about this property
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