847-910-2253
1400 S Wolf Rd, Wheeling, IL for Sale
Office/Residential - FOR SALE
1/8
null | Request Cap Rate


HIGHLIGHTS

  • Convenient access to I-294, Route 53, and Palatine Road.
  • I-1 zoning supports office and industrial-oriented uses.
  • Situated on approximately 3.02 acres within WiFi Corporate Center.
  • Multiple entrances and extensive surface parking support operational flexibility.

OVERVIEW

1400 S. Wolf Road, Building 500 presents an opportunity to acquire a single-story office property in the established WiFi Corporate Center in Wheeling, Illinois. Situated on approximately 3.02 acres with frontage along major arterial roadways, the property offers convenient access to I-294, Route 53, Palatine Road, and the broader Chicago metropolitan area. Its location directly across from Chicago Executive Airport further enhances regional accessibility for businesses requiring efficient connectivity. The property was historically utilized as a corporate headquarters facility and features an existing office layout with furnished workspaces, perimeter offices, conference rooms, collaborative areas, and a cafeteria. The single-story design provides operational efficiency and flexibility for a variety of owner-user, institutional, or redevelopment strategies. Multiple building entrances, substantial surface parking, and established infrastructure support a broad range of occupancy needs. A distinguishing attribute of the asset is it's I-1 Light Industrial and Office zoning designation. The zoning, combined with the property's location within an industrial-oriented business park, creates optionality for future users and investors seeking office occupancy, adaptive reuse, or redevelopment potential. The surrounding area benefits from a diverse mix of office, industrial, retail, hospitality, and residential uses, contributing to a stable business environment and workforce accessibility. The combination of an existing headquarters-quality facility, strong transportation access, airport proximity, and flexible zoning positions the property as a compelling acquisition opportunity for buyers seeking immediate occupancy, long-term value creation, or future redevelopment potential in Chicago's Northwest suburban market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

157

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

I-1 Town of Wheeling

APN/PARCEL ID

03-23-201-005-0000

ASK ABOUT THIS PROPERTY

John Homsher, CCIMTranswestern Real Estate ServicesMore Info
847-910-2253

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

John Homsher, CCIMTranswestern Real Estate ServicesMore Info
847-910-2253

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.