180 Shepard AveWheeling, IL 60090

  • Industrial properties
  • 1.03 AC
For Lease
$10/SF/YR View listing

Property Details for 180 Shepard Ave

Year built
1977
Lot size
1.03 AC
Property type
Industrial properties
APN
03-11-305-008
APU
311305008

Description

This exceptional industrial warehouse property at 180 Sheperd Ave offers 20,000 total square feet, currently featuring 10,000 square feet of immediately available space. The building is configured as a single-tenant property, although it's divisible into units as small as 7,000 square feet, with a maximum contiguous space of 10,000 square feet. The available space includes approximately 1,600 square feet of office space, providing ample room for administrative functions. Access is convenient with two drive-in doors, eliminating the need for loading docks. Ten parking spaces are available for employees and visitors. The property boasts robust electrical service, featuring 480 amps, 240 volts, and 3-phase power, suitable for a variety of industrial uses. The asking price is a highly competitive $10.00 per square foot, making this an exceptional value in the current market. The building consists of 20 total suites. This warehouse is ideal for businesses seeking efficient, well-equipped space at an attractive price point. Don't miss this opportunity to secure your ideal industrial location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,272,838
    Hospitality
    $8,493,869
    Educational
    $7,066,800
    Medical
    $7,309,838
    Retail
    $10,992,799

Location Insight

City
Wheeling
County
Cook
State
Illinois
Latitude
42.129
Longitude
-87.921
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$77,699
$78,487
$164,613
$243,100
-
$313,948
$658,452
$972,400

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