$5,325,000

1033 S Noel Avenue, Wheeling, IL 60090

  • 96,959 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon5.12acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

pleased to jointly offer this industrial building for sale in Wheeling, Illinois. The masonry building built in 1962 and 1969 totals 96,959 square feet(SF) of mostly warehouse type industrial space with the front office portion along Noel Avenue totaling 6,500 SF and the Northeast 2 story office portion adding 3,424 of additional office space. The roof and parking lot have been replaced within the last 2 years and the building is in good condition. The building is zoned I-2 and has heavy power, 14' ceilings, 5 truck docks, 1 drive in door, floor drains, and can accommodate outside parking on the 5.12 acre lot. The warehouse portions of the building are broken up into 6 distinct sections that are internally connected by roll-up doors. Ideal for large single user or multi-tenant users. The current divisions are as follows: * Unit 1 35,708 SF Warehouse * Unit 2 18,000 SF Warehouse * Unit 3 13,920 SF Warehouse * 6,500 SF Front Office (divisible) * Unit 4 6,204 SF Warehouse w/ 1,711 SF Office and 2nd Floor Office * Unit 5 3,900 SF Warehouse * Unit 6 8,850 SF Warehouse The building is currently occupied by Precision Paper Tube Company, which would stay on as a tenant and lease back about 12 of the building, or vacate entirely, depending on which option is better for the buyer. A new buyer could potentially take advantage of the 6B program to help alleviate the real estate tax burden.

Listing Status:
Active
Listing Office:
Entre Commercial Realty, LLC : 847-310-4295
Listing Agent:
Kevin Kaplan : 847-310-4295
MLS ID:
11879237
  • A/C: Central AirOffice Only

This listing courtesy of Kevin Kaplan, Entre Commercial Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mark Twain Elementary School

515 E Merle Ln, Wheeling, IL, 60090

Grades PK-5

0.65 miles away

O

Oliver W Holmes Middle School

221 S Wolf Rd, Wheeling, IL, 60090

Grades 6-8

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.