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180 Shepard Ave
Wheeling, IL 60090

$2,250,000 USD

Warehouse For Sale  •  20,000 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 20,000 SF
  • Lot Size 1.3 AC
  • Building Class C
  • Year Built 1980
  • Tenancy Multiple
  • Zoning I-3
22 Transit Score
27 Walk Score

Highlights

180 Shepard Avenue is a 20,000-square-foot industrial facility within an advantageous commercial corridor in the Chicago MSA.
Investors will benefit from 100% occupancy by an established tenant with a 10-year absolute net lease deal with 3% annual rent increases.
Strategic Accessibility: Situated near Chicago Executive Airport and O’Hare International Airport, with easy access to Interstates 294, 94, and 90.
Superior location in Wheeling, an area that continues to boast low vacancy rates, high absorption, and a limited warehouse space inventory.
1031 Exchange potential with an ideal lease structure in place for an exchange buyer.

Public Transportation

Commuter RailDriveWalkDistance
Wheeling Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.5 mi
Prospect Heights Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 14.6 mi
Chicago Midway International 50 min - 28.0 mi
Matthew Ladd 224-313-4423 Matthews Real Estate Investment Services
Matthew Ladd 224-313-4423 Matthews Real Estate Investment Services