Commercial Sale

1033 Noel Avenue, Wheeling, Illinois 60090

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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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD11879237
Price : $5,325,000
Year Built : 1965
Property Sub Type : Warehouse
Features
Cooling System : Central Air, Office Only
Address Map
Country : US
State : IL
County : Cook
City : Wheeling
Zipcode : 60090
Street : Noel
Street Number : 1033
Street Suffix : Avenue
Floor Number : 0
Longitude : W88° 4' 35.7''
Latitude : N42° 7' 19.2''
Area : Wheeling
Street Dir Prefix : S
MLS Addon
Agent Name : Kevin
DaysOnMarket : 358
Directions : From Hintz Rd, head South on Noel Ave. Building is
List Agent Full Name : Kevin Kaplan
List Agent MLSID : MRD371133
List Office MLSID : MRD37856
List Office Name : Entre Commercial Realty, LLC
Parcel Number : 03141030110000
Tax Year : $2,021
Zoning : INDUS
ListAgentLastName : Kaplan
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 07/09/2023 20:11:02
Commercial Sale For Sale
  • Listing ID : MRD11879237
$5,325,000
Agent info
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