SQUARE FEET96,959
MLS#11879237
STATUSActive
PROPERTY TYPECommercial - Industrial
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.
Property Features
Property Type: Commercial - Industrial
Cooling: Central Air, Office Only
Lot Size: 5.12 Acres
Stories: 1.0
Year Built: 1965
Feature Descriptions
Drains: Other
Electric: Power - 240V, Power - 480V, Three Phase, Heavy Power 1200+ Amps
Exterior: Brick
Fire Protection: Sprinklers-Wet
HVAC: Forced Air, Gas
Lot Dimensions: 435X381X420X518
Miscellaneous Outdoor: Other
Parcel#: 03141030110000
Parking: Over 100 Spaces, Paved, Private Lot, Truck Parking
Tenant Pays: Varies by Tenant
Units: 6
Listed By / Shown By
Listed By
Agency Name: Entre Commercial Realty, LLC
Agency Phone: 847-310-4295
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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1033 S Noel Avenue | MLS# 11879237
This commercial property located at 1033 S Noel Avenue, Wheeling, IL 60090 is currently listed for sale with an asking price of $5,325,000. Search Wheeling real estate on www.bhhscrosby.com today.