Property summary
This exceptional ±23,300 square foot industrial warehouse, situated on a 2.93-acre lot in Naperville, Illinois, presents a compelling value-add investment opportunity. Located within the Wheatland Business Park in unincorporated Will County, this single-story building boasts a 18-foot ceiling height, enhancing its functional capacity. The property features four drive-in doors (three 14'x14' and one 12'x12'), providing ample access for loading and unloading. A secure fenced yard offers additional storage space, complementing the building's interior. The warehouse is currently occupied by a single tenant under a 10-year lease, providing stable income. The property's I-1 zoning permits a variety of uses, including truck terminals, and allows for outside storage. Its strategic location offers easy access to major transportation arteries, being approximately 30 miles west of Chicago, 5 miles from I-88, and 8 miles from I-55. The asking price is $3,600,000, translating to $154.51 per square foot. The property's features, location, and lease terms make it an attractive investment prospect. The APN is 07-01-05-202-058
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store Department Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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