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.
-
0BEDS
-
5.12ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
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.
© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties.
Based on information submitted to the MRED as of 2024-09-18T16:08:42.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Digital Millennium Copyright Act