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    250 Chaddick Dr Wheeling, IL 60090

    Sponsored
    For Sale
    $1,899,000

    15,662 SF Manufacturing/Warehouse in IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,662-square-foot free-standing industrial building, located at 250-252 Chaddick Drive in Wheeling, Illinois (zip code 60090), presents a unique investment opportunity. The property boasts a flexible layout suitable for various uses, including manufacturing, research and development, and warehousing. The building is currently configured as either a single or two-tenant facility, with separate metering for each space, offering significant adaptability for future occupants. A substantial 3,500 square feet is dedicated to office space, recently remodeled for modern functionality. The building features a newer roof, ensuring long-term structural integrity. The high ceilings, measuring 16 feet, provide ample vertical space for various industrial operations. Two loading docks facilitate efficient loading and unloading of goods. Previous uses include a roofing company and an auto sales business, demonstrating the property's versatility. This Cook County property is priced at $1,899,000 and offers a compelling combination of size, location, and modern amenities, making it an ideal investment for discerning buyers seeking a prime industrial space in the thriving Wheeling market. The property's adaptable design and recent improvements make it ready for immediate occupancy.

    Property Features for 250 Chaddick Dr

    General Information

    Property type
    Life science properties

    HighLights

    • 15,662 SF free‑standing industrial building in Wheeling, IL (60090).
    • Flexible layout suitable for manufacturing, R&D, or warehousing; currently configured for single or multi‑tenant occupancy with separate metering.
    • 3,500 SF of recently remodeled office space.
    • Features a newer roof, 16' ceilings, and two loading docks.
    • Priced at $1,899,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Team Mechanical Inc Mechanical Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheeling
    County
    Cook
    State
    Illinois
    Longitude
    -87.9169325
    Latitude
    42.1307074

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    FAQs

    What type of property is this?
    Life science property - 15,662 SF Manufacturing/Warehouse in IL
    Where is this life science property located?
    The property is located at 250 Chaddick Dr Wheeling, IL.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: 15,662 SF free-standing industrial building in Wheeling, IL (60090).; Flexible layout suitable for manufacturing, R&D, or warehousing; currently configured for single or multi-tenant occupancy with separate metering.; 3,500 SF of recently remodeled office space.
    Request Owner's contact information
    250 Chaddick Dr 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
    250 Chaddick Dr Wheeling, IL 60090
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