1033 S Noel Avenue, Wheeling, IL, 60090

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$5,325,000
471 Days On Site

1033 S Noel Avenue
Wheeling, IL 60090

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
96,959
SqFt
$55
/SqFt
1965
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Entre Commercial Realty, LLC

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1033 S Noel Avenue1033 S Noel Avenue1033 S Noel Avenue1033 S Noel Avenue
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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.

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Listing Snapshot
Price 
$5,325,000
Days On Site 
471 Days
Bedrooms 
N/A
Inside Area (SqFt) 
96,959 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5.12 Acres
Year Built 
1965
MLS® Number 
11879237
Status 
Active
Property Tax 
$194,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a year agoStatus changed to Active
a year agoListing first seen on site
General Features
Acres 
5.12
Number Of Stories 
1
Property Sub Type 
Industrial
SqFt Total 
96959
Zoning 
INDUS
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Wheeling
Township 
Wheeling
Listing Courtesy of MRED as distributed by MLS Grid of Entre Commercial Realty, LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

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