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180 Shepard Ave
Wheeling, IL 60090 Des Plaines/Arlington Hts Corridor

Price Upon Request

Warehouse For Sale  •  20,000 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 20,000 SF
  • Lot Size 1.03 AC
  • Building Class C
  • Year Built 1980
  • Tenancy Single
  • Zoning I-3
22 Transit Score
27 Walk Score

Highlights

Single-tenant net lease industrial investment opportunity | High-quality construction and functional industrial layout.
Absolute net lease structure | Zero landlord responsibilities.
Situated near Chicago Executive Airport and O’Hare International Airport, with easy access to I-294, I-94, and I-90.
2.5% vacancy rate for industrial product under 50,000 square feet within 5-mile radius.
$170,000+ average household income within 5-mile radius.
1031 Exchange potential with an ideal lease structure in place for an exchange buyer.

Financial Summary (Actual)

Net Operating Income: $171,650 USD (2024)

Major Tenants

Tenant SF Occupied Lease End Date
1 on 1 Baseball Academy 6/20/2034

Public Transportation

Commuter RailDriveWalkDistance
Wheeling Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.4 mi
Prospect Heights Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 14.5 mi
Chicago Midway International 50 min - 28.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes