199 Shepard Ave | Wheeling, IL 60090
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- LoopNet Team
199 Shepard Ave
Wheeling, IL 60090
Wheeling Multi-Tenant Industrial · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Fully-Leased ±93,440-Square-Foot Multi-Tenant Specialized Industrial Asset on 9.52 Acres
- Close Proximity to I-294, Canadian Pacific Rail, and O'Hare International - Busiest Airport by Cargo
- Pending 14,796-Square-Foot Cold Storage Build-to-Suit for Ready Set Gourmet
- Features Six Suites, Eight Dock Doors, 15 Grade Doors, 2,500 Amps, Cold Storage, Manufacturing Space, and ±4.5 Acres of IOS
- Partial Sale-Leaseback with JV Repair/Global Services
- 6B Tax Incentive in Place Since 2019, Ending in 2031. (First 10 Years Pay 10 Percent of Tax Assessment, 15 Percent for 11th Year & 20 Percent for 12th
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1976 |
| Property Subtype | Warehouse | Parking Ratio | 1.03/1,000 SF |
| Building Class | B | Clear Ceiling Height | 19’ |
| Lot Size | 8.33 AC | No. Dock-High Doors/Loading | 15 |
| Rentable Building Area | 96,712 SF | No. Drive In / Grade-Level Doors | 12 |
| No. Stories | 1 | ||
| Zoning | I-3 - Heavy Industrial District | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 8.33 AC |
| Rentable Building Area | 96,712 SF |
| No. Stories | 1 |
| Year Built | 1976 |
| Parking Ratio | 1.03/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 15 |
| No. Drive In / Grade-Level Doors | 12 |
| Zoning | I-3 - Heavy Industrial District |
AMENITIES
- Cooler
UTILITIES
- Lighting
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $386,764 | |
| Land Assessment | $414,636 | Total Assessment | $801,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$414,636
Improvements Assessment
$386,764
Total Assessment
$801,400
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