232-236 S Westgate Dr - Warehouse FOR SALE


Carol Stream, IL 60188- Glen Ellyn to West Chicago Corridor
$3,500,000 USD
630-461-1134
232-236 S Westgate Dr, Carol Stream, IL for Sale
$3,500,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

232-236 S Westgate Dr
Carol Stream, IL 60188
Glen Ellyn to West Chicago Corridor


OVERVIEW

Exceptional opportunity to acquire a well-maintained 20,000 square foot industrial warehouse in the highly sought-after Carol Stream industrial corridor. This versatile brick masonry construction facility is designed for either single-user occupancy or multi-tenant investment, featuring two separately constructed units that can be occupied independently or combined into one larger operation. The property offers outstanding access to the Chicago metropolitan distribution network, located within 30 miles of O'Hare International Airport and minutes from I-294, I-355, and I-90, providing excellent connectivity for manufacturing, warehousing, logistics, and distribution operations. Property Highlights: 20,000 SF Industrial Warehouse Two-unit building with flexible occupancy options Ideal for owner-users, investors, or partial owner occupancy Approximately 20-foot clear ceiling height Durable brick masonry construction Triple catch basin drainage system Two exterior covered loading docks Two drive-in doors Brand-new TPO membrane roof installed in 2021 Five new 250,000 BTU warehouse heating units Three new rooftop HVAC systems serving office areas Six new skylights providing abundant natural light Roof ladder access for simplified maintenance Excellent truck access and industrial functionality Occupancy Unit 236: Currently leased through 2027, providing immediate investment income. Unit 232: Available for occupancy within approximately 30 days, making the property ideal for an owner-user seeking immediate operational space while benefiting from rental income from the second unit. This property combines modern capital improvements, flexible occupancy, strong transportation access, and an established industrial location, making it an outstanding opportunity for manufacturers, distributors, contractors, logistics companies, or investors seeking a high-quality industrial asset in Chicago's thriving western suburban market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,916

ZONING

I

APN/PARCEL ID

05-05-106-049

ASK ABOUT THIS PROPERTY

Clement CharlyCharly Lonappan PropertiesMore Info
630-461-1134

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Clement CharlyCharly Lonappan PropertiesMore Info
630-461-1134

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