Property for Sale: 1033 S Noel, Wheeling, IL 60090

$5,325,000
$5,325,000
1033 S Noel, Wheeling, IL 60090
$5,325,000
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Price:
$5,325,000

Type Commercial
Lot Size 5.12 acres
Year Built 1965

City Wheeling
County Cook

MLS 11879237
Status Active
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.

Lot & Building Features

Construction Brick
Cooling Central Air, Office Only
Tax Year 2021
Lot Dimensions 435X381X420X518 ft

Price History of 1033 Noel, Wheeling, IL

Date Name Price Difference
12/31/1969 Listing Price $5,325,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Richard Schultz
Direct: 708-237-7779
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Entre Commercial Realty, LLC, Kevin Kaplan & Bruce Kaplan
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1%
6.75%
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1033 Noel (MLS #11879237) is a commercial listing located in Wheeling, IL. This is a commercial listing with a lot of 223,027 sqft (or 5.12 acres). This property was listed on 09/07/2023 and has been priced for sale at $5,325,000.

Nearby zip codes are 60004, 60026, 60056, 60070 and 60089. This property neighbors other cities such as Arlington Heights, Buffalo Grove, Glenview, Mount Prospect and Prospect Heights.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Entre Commercial Realty, LLC