1033 Noel Ave Wheeling, IL 60090

This exceptional multi-tenant industrial property, located at 1033 S Noel Ave in Wheeling, Illinois (zip code 60090), presents a compelling investment opportunity. The 96,959 square foot building, constructed in 1962 and 1969, sits on a 5.12-acre lot and features six distinct units, ideal for a single large user or multiple tenants. The property includes 5 truck docks, 1 drive-in door, and 14'3" ceilings. The warehouse space is complemented by approximately 6,500 square feet of front office space and an additional 3,424 square feet of two-story office space in the northeast section. The building boasts heavy power, floor drains, and ample outside parking. Recent improvements include a new roof and parking lot (within the last two years). The property is zoned I-2 and is currently occupied, with the possibility of a leaseback arrangement or complete vacancy for a new owner. The asking price is $5,325,000, representing a price per square foot of $54.92 and a price per unit of $887,500. The property's Cook County APN is 03-14-103-011. The lease type is NNN. Potential buyers may explore the 6B program to potentially reduce real estate tax burdens. This well-maintained property offers significant potential for a strong return on investment.