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Investment Highlights

  • Features both dock-high and drive-in loading access.
  • Industrial zoning supports a variety of business operations.
  • Clear-height warehouse space designed for operational efficiency.
  • Class 6B tax incentive provides reduced real estate taxes through 2032.

Executive Summary

250-252 Chaddick Drive presents a rare opportunity to acquire a freestanding industrial property in Wheeling, one of Chicago's established northwest suburban industrial markets. The property offers a combination of warehouse, office, and distribution functionality within a location that provides convenient access to Interstate 294, regional transportation networks, and the broader Chicago metropolitan area.
The building is designed to accommodate a variety of industrial, manufacturing, warehousing, service, and distribution operations. Features including dock-high loading, drive-in access, clear warehouse space, and a substantial office component support operational flexibility for both owner-users and investors. The freestanding configuration provides occupants with greater control over building operations, access, and identity compared to traditional multi-tenant industrial properties.
An existing Class 6B tax incentive remains in place through 2032, providing reduced real estate taxes and creating a meaningful occupancy cost advantage for future ownership. The property also offers flexibility through a potential seller leaseback arrangement, allowing buyers to structure occupancy and transition plans according to operational needs.
Located within Cook County's highly accessible industrial corridor, the property benefits from proximity to major highways, a skilled labor force, O'Hare International Airport, freight infrastructure, and the diverse economic drivers of the Chicago region. These attributes position the asset for continued industrial demand and long-term functionality

Attachments

Brochure

Property Facts

Price $1,699,000
Price Per SF $108.48
Sale Type Investment or Owner User
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • Industrial Service
Building Class B
Lot Size 1.14 AC
Rentable Building Area 15,662 SF
No. Stories 1
Year Built 1989
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning I-2

Utilities

  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - B
  • 8,787 SF
  • Industrial
  • Full Build-Out
  • 30 Days

Unit B combines warehouse space with 3,500 SF nice office buildout. The space also features dock-high and drive-in loading access, creating a functional environment for businesses requiring both administrative and warehouse operations under one roof.

Space Size Space Use Build-Out Available
1st Fl - B 8,787 SF Industrial Full Build-Out 30 Days

1st Fl - B

Size
8,787 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
30 Days

1st Fl - B

Size 8,787 SF
Space Use Industrial
Build-Out Full Build-Out
Available 30 Days

Unit B combines warehouse space with 3,500 SF nice office buildout. The space also features dock-high and drive-in loading access, creating a functional environment for businesses requiring both administrative and warehouse operations under one roof.

Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-11-409-016-0000
  • 03-11-409-015-0000
Land Assessment
$50,000
Improvements Assessment
$93,500
Total Assessment
$143,500
  • Listing ID: 41707482

  • Date on Market: 8/11/2026

  • Last Updated:

  • Address: 250-252 Chaddick Dr, Wheeling, IL 60090

Contact the Sale Advisor

Free Standing Building-15,662 SF | 250-252 Chaddick Dr

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