250-252 Chaddick Dr - Warehouse FOR SALE


$1,699,000 USD
847-989-4485
250-252 Chaddick Dr, Wheeling, IL for Sale
$1,699,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate


HIGHLIGHTS

  • Features both dock-high and drive-in loading access.
  • Clear-height warehouse space designed for operational efficiency.
  • Industrial zoning supports a variety of business operations.
  • Class 6B tax incentive provides reduced real estate taxes through 2032.

OVERVIEW

250-252 Chaddick Drive presents a rare opportunity to acquire a freestanding industrial property in Wheeling, one of Chicago's established northwest suburban industrial markets. The property offers a combination of warehouse, office, and distribution functionality within a location that provides convenient access to Interstate 294, regional transportation networks, and the broader Chicago metropolitan area. The building is designed to accommodate a variety of industrial, manufacturing, warehousing, service, and distribution operations. Features including dock-high loading, drive-in access, clear warehouse space, and a substantial office component support operational flexibility for both owner-users and investors. The freestanding configuration provides occupants with greater control over building operations, access, and identity compared to traditional multi-tenant industrial properties. An existing Class 6B tax incentive remains in place through 2032, providing reduced real estate taxes and creating a meaningful occupancy cost advantage for future ownership. The property also offers flexibility through a potential seller leaseback arrangement, allowing buyers to structure occupancy and transition plans according to operational needs. Located within Cook County's highly accessible industrial corridor, the property benefits from proximity to major highways, a skilled labor force, O'Hare International Airport, freight infrastructure, and the diverse economic drivers of the Chicago region. These attributes position the asset for continued industrial demand and long-term functionality

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Free Standing Building-15,662 SF

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.14

LAND SF

49,629

ZONING

I-2

APN/PARCEL ID

03-11-409-015-0000,03-11-409-016-0000

ASK ABOUT THIS PROPERTY

Brian BocciEntre Commercial Realty LLCMore Info
847-989-4485

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Brian BocciEntre Commercial Realty LLCMore Info
847-989-4485

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