Wheeling, IL 60090 1033 S Noel Avenue

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Presented By: Entre Commercial Realty, LLC
  • MLS# 11879237
  • 09/07/2023
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 96,959

Home Details

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.
Presented By: Entre Commercial Realty, LLC

Interior Features for 1033 S Noel Avenue

Other Interior Features

Street SuffixAvenue

General for 1033 S Noel Avenue

Additional Parcels Y/NNo
CityWheeling
Construction MaterialsBrick
CoolingCentral Air, Office Only
CountyCook
Days on Market7
DirectionsFrom Hintz Rd, head South on Noel Ave. Building is on East side of Noel.
ElectricPower - 240V, Power - 480V, Three Phase, Heavy Power 1200+ Amps
Gross Income
Leasable Area96959
Lot Size Square Feet223000
MLS AreaWheeling
Net Operating Income
NumberOfUnitsTotal6
Operating Expense0
Property SubTypeWarehouse
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount194000
Tax Year2021
Tenant PaysVaries by Tenant
TownshipWheeling
Year Built1965
ZoningINDUS

Exterior for 1033 S Noel Avenue

Building Area Total96959
ExteriorBrick
Lot Dimensions435X381X420X518
Lot Size Acres5.12

Additional Details

Price History

Worth Clark

Price $5,325,000
MLS#11879237
List Date 09/07/2023
Property Type Industrial
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