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190-198 W Carpenter Ave 82,439 SF 100% Leased Industrial Building Wheeling, IL 60090 For Sale
Investment Highlights
- Dual-tenanted industrial facility with leases extending through 2026 and 2027.
- Heavy power infrastructure supporting robust manufacturing capabilities.
- Ample parking for 125+ vehicles plus outdoor storage potential.
- 82,438 SF divisible across 4.01 acres in Wheeling’s industrial submarket.
- Clear height of 22 feet, six dock doors, and two drive-ins for efficient handling.
Executive Summary
190-198 Carpenter Avenue presents an investment opportunity in Wheeling’s established industrial corridor. This 82,438-square-foot building offers two functional units, each equipped for manufacturing and distribution uses. The facility features a clear height of 22 feet, six interior docks, and two drive-in doors, supporting efficient logistics and industrial processes. Heavy power capacity with multiple voltage configurations enables robust operations. Located on a 4.01-acre site, the property offers more than 125 parking spaces and outdoor storage potential for added flexibility.
Situated near the Willow Road and Lake Cook Road interchanges along I-294, the property provides direct access to major transportation routes reaching the greater Chicago area and national markets. The asset is leased to two established tenants, Bathing Brands and Beacon Fasteners & Components, generating stable income streams with rent escalations in place. With strong tenant demand and minimal competing supply in the submarket, this property offers durable cash flow and long-term value for investors seeking a reliable industrial asset.
Situated near the Willow Road and Lake Cook Road interchanges along I-294, the property provides direct access to major transportation routes reaching the greater Chicago area and national markets. The asset is leased to two established tenants, Bathing Brands and Beacon Fasteners & Components, generating stable income streams with rent escalations in place. With strong tenant demand and minimal competing supply in the submarket, this property offers durable cash flow and long-term value for investors seeking a reliable industrial asset.
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1976 |
| Property Subtype | Warehouse | Parking Ratio | 3.5/1,000 SF |
| Building Class | B | Clear Ceiling Height | 22’ |
| Lot Size | 3.98 AC | No. Dock-High Doors/Loading | 10 |
| Rentable Building Area | 82,439 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-1, Wheeling - Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.98 AC |
| Rentable Building Area | 82,439 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 3.5/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-1, Wheeling - Industrial |
Amenities
- Signage
- Air Conditioning
Utilities
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Bathing Brands - 44,584 SF w/ 11,317 SF of office (2,760 SF on 1st floor & 8,557 SF on 2nd floor) w/ 2 interior loading docks and 1 DID
Beacon Fasteners – 37,854 w/ 7,683 SF of office (3,989 SF on 1st floor & 3,694 SF on 2nd floor) w/ 4 interior docks and 1 DID
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 190 | 44,584 SF | Industrial | Full Build-Out | Sep 2026 |
| 1st Fl - 198 | 37,854 SF | Industrial | Partial Build-Out | Jun 2027 |
1st Fl - 190
| Size |
| 44,584 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Sep 2026 |
1st Fl - 198
| Size |
| 37,854 SF |
| Space Use |
| Industrial |
| Build-Out |
| Partial Build-Out |
| Available |
| Jun 2027 |
1st Fl - 190
| Size | 44,584 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Sep 2026 |
Bathing Brands - 44,584 SF w/ 11,317 SF of office (2,760 SF on 1st floor & 8,557 SF on 2nd floor) w/ 2 interior loading docks and 1 DID
1st Fl - 198
| Size | 37,854 SF |
| Space Use | Industrial |
| Build-Out | Partial Build-Out |
| Available | Jun 2027 |
Beacon Fasteners – 37,854 w/ 7,683 SF of office (3,989 SF on 1st floor & 3,694 SF on 2nd floor) w/ 4 interior docks and 1 DID
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $683,125 | |
| Land Assessment | $437,625 | Total Assessment | $1,120,750 |
Property Taxes
Parcel Numbers
Land Assessment
$437,625
Improvements Assessment
$683,125
Total Assessment
$1,120,750
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190-198 W Carpenter Ave
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