USAILWheeling1033 Noel Ave
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1033 Noel Ave, Wheeling, IL

Real Estate

For Sale

Listed price in listed location currency (USD).
$5,325,000

000

MLS® 11879237

  • Key Facts
  • Description
  • Map

Key Facts

Type Warehouse
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $194,000
Days Active 916
Approx. Age 1965
MLS® Number 11879237

Property Address: 1033 Noel Ave, Wheeling, IL, 60090-5813

Average square foot calculated using Size range provided by listing agent.

Description

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 users. The current divisions are as follows: * Unit 1 35, 708 SF Warehouse * Unit 2 18, 000 SF Warehouse * Unit 3 13, 920 SF Warehouse * 6, 500 SF Front Office (divisible) * Unit 4 6, 204 SF Warehouse w/ 1, 711 SF Office and 2nd Floor Office * Unit 5 3, 900 SF Warehouse * Unit 6 8, 850 SF Warehouse The building is currently occupied by Precision Paper Tube Company, which would stay on as a tenant and lease back about 12 of the building, or vacate entirely, depending on which option is better for the buyer. A new buyer could potentially take advantage of the 6B program to help alleviate the real estate tax burden.
MLS® Number11879237
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 7, 2023List Date
$5,325,000List Price
  • Commute

Commute

Starting Address
Destination Address
1033 Noel Ave, Wheeling, IL

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