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450 S Wheeling Rd 21,000 SF 100% Leased Flex Building Wheeling, IL 60090 For Sale
Investment Highlights
- Freestanding industrial facility with I-2 Industrial zoning.
- Building repainted in 2025 with hardscape and asphalt upgrades.
- Clear-span warehouse layout supports operational flexibility.
- Two exterior docks and two drive-in doors support loading efficiency.
Executive Summary
450 South Wheeling Road presents an opportunity to acquire a freestanding industrial facility in Wheeling, Illinois, a well-established business community within the greater Chicago metropolitan area. The property benefits from direct frontage along Wheeling Road and offers convenient access to Interstate 294, regional transportation networks, and the nearby Metra North Central Service station, supporting connectivity for employees, customers, and logistics operations.
The facility contains approximately 21,000 square feet on a 1.8-acre site and is designed to accommodate a variety of industrial users. Key operational features include I-2 Industrial zoning, an 80-foot clear-span warehouse configuration, clear heights ranging from approximately 14 to 18 feet, two exterior loading docks including one dock leveler, and two drive-in doors. The property is supported by 600-amp, 240-volt electrical service, Hazard Group 1 sprinkler coverage, on-site AT&T fiber infrastructure, and Comcast Business high-speed internet availability.
Recent capital improvements include a complete building repaint completed in 2025, along with upgraded hardscaping and asphalt improvements. The property also offers flexibility for future occupancy strategies, with divisibility already in place to accommodate an additional tenant if desired. In addition, the brochure notes the potential availability of a 6B tax incentive for a qualified new owner, creating an additional consideration for investors and owner-users evaluating long-term operating costs.
The facility contains approximately 21,000 square feet on a 1.8-acre site and is designed to accommodate a variety of industrial users. Key operational features include I-2 Industrial zoning, an 80-foot clear-span warehouse configuration, clear heights ranging from approximately 14 to 18 feet, two exterior loading docks including one dock leveler, and two drive-in doors. The property is supported by 600-amp, 240-volt electrical service, Hazard Group 1 sprinkler coverage, on-site AT&T fiber infrastructure, and Comcast Business high-speed internet availability.
Recent capital improvements include a complete building repaint completed in 2025, along with upgraded hardscaping and asphalt improvements. The property also offers flexibility for future occupancy strategies, with divisibility already in place to accommodate an additional tenant if desired. In addition, the brochure notes the potential availability of a 6B tax incentive for a qualified new owner, creating an additional consideration for investors and owner-users evaluating long-term operating costs.
Property Facts
| Sale Type | Investment or Owner User | Year Built | 1970 |
| Property Type | Flex | Parking Ratio | 3.71/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 1.80 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 21,000 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | I-2, Wheeling | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.80 AC |
| Rentable Building Area | 21,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 3.71/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2, Wheeling |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $343,888 CAD | |
| Land Assessment | $356,932 CAD | Total Assessment | $700,820 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$356,932 CAD
Improvements Assessment
$343,888 CAD
Total Assessment
$700,820 CAD
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450 S Wheeling Rd
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