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Executive Summary

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.

Property Facts

Price $4,918,550 CAD
Price Per SF $245.93 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 1.10 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built/Renovated 1998/2021
Parking Ratio 0.45/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning I - Industrial

Amenities

  • Floor Drains
  • Security System
  • Air Conditioning
  • Breakroom

Utilities

  • Heating - Gas
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
05-05-106-049
Land Assessment
$125,541 CAD
Improvements Assessment
$668,554 CAD
Total Assessment
$794,095 CAD
  • Listing ID: 41287667

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 232-236 S Westgate Dr, Carol Stream, IL 60188

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