1033 Noel Ave, Wheeling, IL 60090

This industrial building, located in Wheeling, Illinois, offers 96,959 square feet of space. Constructed in 1962 and 1969, the masonry building features primarily warehouse-type industrial space, along with a 6,500 square foot front office area along Noel Avenue and an additional 3,424 square feet of two-story office space in the northeast section. The property includes a 5.12 acre lot. Recent improvements include a roof and parking lot replacement within the last two years, contributing to the building's good condition. Zoned I-2, the building is equipped with heavy power, 14-foot ceilings, five truck docks, one drive-in door, and floor drains. The warehouse space is divided into six sections, interconnected by roll-up doors, making it suitable for a single large user or multiple tenants. The current divisions include: Unit 1 with 35,708 square feet of warehouse space; Unit 2 with 18,000 square feet of warehouse space; Unit 3 with 13,920 square feet of warehouse space; a 6,500 square foot front office (divisible); Unit 4 with 6,204 square feet of warehouse space and 1,711 square feet of office space with a second-floor office; Unit 5 with 3,900 square feet of warehouse space; and Unit 6 with 8,850 square feet of warehouse space. The building can accommodate outside parking. The current occupant, Precision Paper Tube Company, is open to leasing back approximately half of the building or vacating entirely, depending on the buyer's preference. A new buyer could potentially take advantage of the 6B program to help alleviate the real estate tax burden.