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1033 S Noel Ave Wheeling 1031 S Noel Ave 96,959 SF Industrial Building Wheeling, IL 60090 $5,325,000 ($54.92/SF)

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INVESTMENT HIGHLIGHTS

  • Single or multi tenant
  • Tax incentives with 6B program
  • Good outside parking/storage

EXECUTIVE SUMMARY

96,959 SF SINGLE OR MULTI-TENANT
INDUSTRIAL BUILDING
Entre Commercial Realty and Premier Commercial Realty are 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

TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,325,000
Price Per SF $54.92
Sale Type Owner User
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 5.01 AC
Rentable Building Area 96,959 SF
No. Stories 1
Year Built 1962
Parking Ratio 0.23/1,000 SF
Clear Ceiling Height 14’3”
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Zoning I-2 - I-2 heavy industrial zoning

AMENITIES

  • Floor Drains
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-14-103-011-0000
Land Assessment
$22,848 (2024)
Improvements Assessment
$851,596 (2024)
Total Assessment
$874,444 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022 Payable 2023
  • Listing ID: 29460751

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 1031 S Noel Ave, Wheeling, IL 60090

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