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464 Northgate Pky
Wheeling, IL 60090
Industrial Property For Sale
Investment Highlights
- Free-standing single tenant asset
- Equipped with two 7.5-ton cranes and 1200 amps at 480/277 volts for heavy industrial use.
- Two interior docks and one drive-in door for optimized loading access.
- Located minutes from I-355, Route 83, and I-294, offering convenient regional connectivity.
Executive Summary
464 Northgate Parkway presents a rare opportunity to acquire a 26,927 SF freestanding industrial facility on 1.38 acres in Wheeling, Illinois. The property combines functionality with long-term asset appeal, featuring 22-foot clear height, two interior docks, one drive-in door, and two 7.5-ton cranes in a 60-foot bay. Recent upgrades, including a new TPO roof (2021), LED lighting, and updated office finishes, enhance operational efficiency and reduce capital expenditure requirements.
Property Facts
| Sale Type | Owner User | Year Built | 1988 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.55/1,000 SF |
| Building Class | C | Clear Ceiling Height | 22’ |
| Lot Size | 1.38 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 26,927 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | I-2, Wheeling - Light Industrial | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.38 AC |
| Rentable Building Area | 26,927 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 0.55/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2, Wheeling - Light Industrial |
Property Taxes
| Parcel Numbers | Improvements Assessment | $282,970 | |
| Land Assessment | $150,780 | Total Assessment | $433,750 |
Property Taxes
Parcel Numbers
Land Assessment
$150,780
Improvements Assessment
$282,970
Total Assessment
$433,750
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