Active · For Sale · Office/Tech

1400 S Wolf Road, Wheeling, IL 60090

MLS #12537561

1400 S Wolf Road, Wheeling, IL 60090
1400 S Wolf Road, Wheeling, IL 60090CRER
1400 S Wolf Road, Wheeling, IL 60090

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1400 S Wolf Road, Wheeling, IL 60090

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The property

Executive summary

Offered here is an office complex investment opportunity located at 1400 S. Wolf Road, Wheeling, Illinois, in the heart of the Chicago's Northwest suburban market. The property is well accessible from interstate I-294 / Tollway or Route 53 via Palatine Road, and located on a highly visible southwest corner of Wolf & Palatine Roads, and adjacent to the Chicago Executive Airport The complex consisting of two buildings, with a total of 116,226 square feet. Built on slab on grade, the campus consists of two buildings which connect to each other. Building 100, consists of approximately 55,268 rentable square feet, and building 200 consists of a total of 57,866 a rentable square feet. The overall total of rentable space consists of 113,134 square feet. The property's site consists of approximately 352,106 square feet of land, rectangular in shape and level grade, with all utilities available. The site zoned as I-1, Light Industrial and Office District. Once stabilized, this asset presents an opportunity to collect strong current cash flow with a potential for future industrial redevelopment. The complex consists of 22 units,…

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Property Intelligence

Financial Snapshot

Reported Annual Income
$94,914
Reported Annual Expenses
$225,285
Estimated GRM
79.02
Annual Taxes
$604,859 (2025)

Property Details

Units
22
Building Size
116,226 SF
Lot Size
352,106 SF
Lot Acreage
8.08
Lot Dimensions
631x75x497x701x527
Stories
1
Year Built
1983
Building Age
36-50 Years
Construction
Block, Other, Pre-cast, Synthetic Stucco, Glass, Stucco
Zoning
INDUS
Parcel Number
03232010040000

Operations & Utilities

Heating
Central Heat/Indiv Controls
Cooling
Central Individual
Electric
Circuit Breakers
Water Source
Municipal Water
Utilities
Electric to Site, Natural Gas Available, Sewer Connected
Possession
Closing

Location & Use

County
Cook
Market Area
Wheeling
Township
Wheeling
Present Use
Commercial
Potential Use
Industrial

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.