773-425-9818
190-198 W Carpenter Ave, Wheeling, IL for Sale
Warehouse - FOR SALE
1/16
null | Request Cap Rate

190-198 W Carpenter Ave
Wheeling, IL 60090
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Dual-tenanted industrial facility with leases extending through 2026 and 2027.
  • 82,438 SF divisible across 4.01 acres in Wheeling’s industrial submarket.
  • Heavy power infrastructure supporting robust manufacturing capabilities.
  • Clear height of 22 feet, six dock doors, and two drive-ins for efficient handling.
  • Ample parking for 125+ vehicles plus outdoor storage potential.

OVERVIEW

190-198 Carpenter Avenue presents an investment opportunity in Wheeling’s established industrial corridor. This 82,438-square-foot building offers two functional units, each equipped for manufacturing and distribution uses. The facility features a clear height of 22 feet, six interior docks, and two drive-in doors, supporting efficient logistics and industrial processes. Heavy power capacity with multiple voltage configurations enables robust operations. Located on a 4.01-acre site, the property offers more than 125 parking spaces and outdoor storage potential for added flexibility. Situated near the Willow Road and Lake Cook Road interchanges along I-294, the property provides direct access to major transportation routes reaching the greater Chicago area and national markets. The asset is leased to two established tenants, Bathing Brands and Beacon Fasteners & Components, generating stable income streams with rent escalations in place. With strong tenant demand and minimal competing supply in the submarket, this property offers durable cash flow and long-term value for investors seeking a reliable industrial asset.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

UTILITIES

Heating - Gas

CLEAR CEILING HT

22 Ft

DOCKS

10

DRIVE INS

2

PARKING SPACES

175

LAND DETAILS

LAND ACRES

3.98

LAND SF

173,300

ZONING

I-1, Wheeling

APN/PARCEL ID

03-11-304-010-0000,03-11-304-011-0000

ASK ABOUT THIS PROPERTY

Eric FischerCushman & WakefieldMore Info
773-425-9818

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Eric FischerCushman & WakefieldMore Info
773-425-9818

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