Property profile

250 Chaddick Dr Wheeling, IL 60090

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Location

250 Chaddick Dr Wheeling, IL 60090
Wheeling metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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