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    Wheeling Industrial Building For Sale
    Updated: Sep 7, 2023
    Wheeling Industrial Building For Sale

    1033 Noel Ave, Wheeling, IL 60090

    $5,325,000
    96,959 sqft 5.12 AC lot
    Large 96,959 SF industrial building on 5.12 acres, ideal for single or multi‑tenant use.
    Potential for immediate income with current tenant willing to lease back approximately half of the building.
    Recent capital improvements include roof and parking lot replacement within the last 2 years.
    Functional industrial features include heavy power, 14’ ceilings, 5 truck docks, 1 drive‑in door, and floor drains.
    Flexible space configuration with 6 distinct warehouse sections connected by roll‑up doors.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1033 Noel Ave, Wheeling, IL 60090

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $417K
      Annual

    • Price @ 7% Cap

      $5.96M
      Above asking

    • Property Type

      Industrial (General)
      Built 1965
    View Property Analytics
    Zoned Industrial Office Property
    Updated: Oct 16, 2024
    Zoned Industrial Office Property

    1040 S MILWAUKEE Avenue, Wheeling, IL 60090

    $1,895,000
    0.93 AC lot
    Brick and concrete construction
    Flooring includes carpet, wood, and tile
    Central air cooling
    Built in 1967
    Water available
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    Two-Building Office Complex
    Two-Building Office Complex

    1400 S Wolf Road, Wheeling, IL 60090

    $7,500,000
    116,226 sqft 8.08 AC lot

    Two connected office buildings totaling 22 units offer a 70% occupied leasing profile.

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    Two-Story Office/Retail Building For Sale
    Two-Story Office/Retail Building For Sale

    1040 S MILWAUKEE Avenue, Wheeling, IL 60090

    $1,895,000
    26,000 sqft

    Two-story office/retail building with high occupancy and parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Wheeling Industrial Redevelopment Opportunity
    Wheeling Industrial Redevelopment Opportunity

    8 E Palatine Rd, Wheeling, IL

    Contact for pricing
    62,757 sqft 2.98 AC lot

    Industrial property suitable for corporate headquarters or training facility.

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    Wheeling Office/Medical Building For Sale
    Wheeling Office/Medical Building For Sale

    47 W Dundee Rd, Wheeling, IL 60090

    $1,100,000
    8,800 sqft 0.67 AC lot

    Two-story office building with move-in ready medical space.

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    Free Standing Flex Building
    Free Standing Flex Building

    250 Chaddick Dr, Wheeling, IL 60090

    $1,749,000
    15,695 sqft

    15,695 SF flex building with office space for sale.

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    Wheeling Office Building For Sale
    Wheeling Office Building For Sale

    1040 S Milwaukee Ave, Wheeling, IL 60090

    $2,000,000
    23,500 sqft 1.84 AC lot

    Two-story, multi-tenant office building near Chicago Executive Airport.

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    Office Building For Sale
    Office Building For Sale

    252 Chaddick Drive, Wheeling, IL 60090

    $1,749,000

    Office building offered for sale in Wheeling, IL.

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    Freestanding Live-Work Building
    Freestanding Live-Work Building

    322 N Milwaukee, Wheeling, IL 60090

    Contact for pricing

    Completely remodeled freestanding building with large parking, flexible first-floor space, and an updated apartment upstairs.

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    Wheeling Industrial Building For Sale
    Wheeling Industrial Building For Sale

    1033 S Noel Avenue, Wheeling, IL 60090

    $5,325,000
    96,959 sqft 5.12 AC lot

    96,959 SF industrial building in Wheeling, Illinois available for sale.

    View details
    Wheeling Office Space For Sale
    Wheeling Office Space For Sale

    3125 N Wilke Rd, Wheeling, IL

    $189,000
    1,956 sqft 14.13 AC lot

    Office space available for purchase in Wheeling, Illinois.

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    Mixed-Use Property on Milwaukee Avenue
    Mixed-Use Property on Milwaukee Avenue

    231 N Milwaukee Ave, Wheeling, IL 60090

    $429,000
    1,648 sqft 0.30 AC lot

    Mixed-use property with high visibility and ample parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Wheeling, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Asset For Sale
    Medical Office Asset For Sale

    1660 Feehanville Dr, Mount Prospect, IL 60056

    $6,435,617
    87,369 sqft

    Partially leased medical office building near major hospital systems.

    View details
    Former Therapy Day School Available
    Former Therapy Day School Available

    1161 Lake Cook Rd, Deerfield, IL 60015

    $3,850,000
    21,206 sqft

    21,206 SF building ideal for educational, medical, community use.

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    Mount Prospect Office Plaza
    Mount Prospect Office Plaza

    1661 Feehanville Dr, Mount Prospect, IL 60056

    $3,560,000
    85,955 sqft

    Office building in Mount Prospect, Illinois with landscaped surroundings.

    View details
    Deerfield Office Space Available
    Deerfield Office Space Available

    1717 Deerfield Road, Deerfield, IL 60015

    Contact for pricing
    147,096 sqft

    Contiguous office space available near downtown Deerfield with highway access.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Prime Deer Park Location
    Land in Prime Deer Park Location

    20406 N Rand Road, Deer Park, IL 60047

    $1,000,000
    1.79 AC lot

    1.79 acres of commercial land in Deer Park, Illinois.

    View details
    Mundelein Commercial Development Opportunity
    Mundelein Commercial Development Opportunity

    427 E Il Route 83, Mundelein, IL 60060

    $349,900
    1.00 AC lot

    Prime commercial land in Mundelein, seller financing available.

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    Prime Downtown Libertyville Lot
    Prime Downtown Libertyville Lot

    121 West Church Street, Libertyville, IL 60048

    Contact for pricing

    Rare opportunity to own a lot in downtown Libertyville.

    View details
    Addison Land For Sale
    Addison Land For Sale

    133 E Lake Street, Addison, IL 60101

    $999,999
    0.89 AC lot

    Located in the heart of Addison, zoned B2.

    View details

    Off-Market Properties in Wheeling, IL

    Consider similar Off-Market properties in Wheeling, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3115 Frontage Rd, Unit 8
    CONDOMINIUM OFFICES

    3115 Frontage Rd, Wheeling, IL 60090

    Unit 8
    Value Estimation by Request
    View details
    3125 Frontage Rd, Unit 4
    CONDOMINIUM OFFICES

    3125 Frontage Rd, Wheeling, IL 60090

    Unit 4
    Value Estimation by Request
    View details
    3115 Frontage Rd, Unit 4
    CONDOMINIUM OFFICES

    3115 Frontage Rd, Wheeling, IL 60090

    Unit 4
    Value Estimation by Request
    View details
    1301 Wolf Rd
    OFFICE BUILDING (MULTI-STORY)

    1301 Wolf Rd, Prospect Heights, IL 60070-1725

    $1,150,000
    Estimated value
    0.57 AC lot
    View details
    1845 Rand Rd 217
    CONDOMINIUM OFFICES

    1845 Rand Rd 217, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 249
    CONDOMINIUM OFFICES

    1845 Rand Rd 249, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 220
    CONDOMINIUM OFFICES

    1845 Rand Rd 220, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 211
    CONDOMINIUM OFFICES

    1845 Rand Rd 211, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 214
    CONDOMINIUM OFFICES

    1845 Rand Rd 214, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 212
    CONDOMINIUM OFFICES

    1845 Rand Rd 212, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details
    1845 Rand Rd 219
    CONDOMINIUM OFFICES

    1845 Rand Rd 219, Prospect Heights, IL 60070

    Value Estimation by Request
    2.22 AC lot
    View details

    Wheeling, IL Office Spaces Market Trends and Statistics

    Explore 68 office spaces for sale in Wheeling, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 387,743 square feet of properties for sale, with an estimated market value of $25,512,000.

    Sale prices for office spaces in Wheeling, IL start at $189,000, averaging $2,834,666, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 9
    Office buildings 8
    Medical Office Space 5

    Demographics Overview

    Population 38K
    Population Growth (5Y) -0.4%
    Median Household Income $83,449
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Wheeling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60090 $2.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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