1033 South Noel Avenue, Wheeling, IL

$5,325,000

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5.12

Acres

About 1033 South Noel Avenue

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.

Features of 1033 South Noel Avenue

MLS® # 11879237
Price $5,325,000
Bathrooms 0.00
Acres 5.12
Year Built 1965
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 1033 South Noel Avenue
Area Wheeling
City Wheeling
County Cook
State IL
Zip Code 60090

Amenities

Parking Spaces 75
Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Office Only
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 256
Zoning INDUS
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEntre Commercial Realty, LLC

Listing Map

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