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1033 S Noel Avenue

Wheeling, Illinois, 60090, United States

Property ID: #865189 // Commercial // Source Status: Active
1033 S Noel Avenue
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Traditional Sale
List Price:
$5,325,000.00
Icon - ft²
Icon 5.12 acres
Icon - beds
Icon - baths
Address:
1033 S Noel Avenue
City:
Wheeling
State:
Illinois
Municipality or Township:
Wheeling
Zip Code:
60090
County:
Cook
Country:
United States
Property Type:
Commercial
Additional Property Types:
Industrial
Year Built:
1965
Lot Size:
5.12 acres
Data Source:
Midwest Real Estate Data
MLS/Reference Number(s):
MRD11879237
Source Status:
Active
Source Property Type:
Commercial, Industrial

Property Provided By

  • Kevin Kaplan
  • Entre Commercial Realty, LLC
  • +1 (847) 310-4295

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Directions

From Hintz Rd, head South on Noel Ave. Building is on East side of Noel.

Source Disclaimer

Midwest Real Estate Data

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Courtesy of Entre Commercial Realty, LLC.
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