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    7000 Wheeler Drive

    Orland Park, IL 60462
    • $1,050,000
    • STATUS: Active Under Contract
    • ON SITE: 97 days
    • MLS #: 11054827
    Under Contract
    UPDATED: 34 min ago
    $1,050,000
    • 0
      BEDS
    • 1.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 34,971
      SQFT
    • $30
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    County:
    Area:

    School Ratings & Info

    Description

    3 Star Class B Industrial Warehouse investment. Showroom / Office / Warehouse. Fully occupied by single tenant through April 2026 with a 5 year renewal period. Lease is MG, Landlord is responsible for property taxes, which they are working to reduce. 4 Drive in doors, ceiling height 21'. 600 Amp power and gas heating. Approximately 5,320 SF of office space. 28 surface parking spaces. High traffic location close to I-80, I-57, and I-294.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T16:54:53.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7000 Wheeler Drive Orland Park, IL 60462

    • Price: $1,050,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • MLS #: 11054827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.68
    Acres
    34,971
    SQFT
    $30
    $/SQFT
    1989
    Built
    Neighborhood:
    Orland Park
    County:
    Cook
    Area:
    Orland Park
    Property Description
    3 Star Class B Industrial Warehouse investment. Showroom / Office / Warehouse. Fully occupied by single tenant through April 2026 with a 5 year renewal period. Lease is MG, Landlord is responsible for property taxes, which they are working to reduce. 4 Drive in doors, ceiling height 21'. 600 Amp power and gas heating. Approximately 5,320 SF of office space. 28 surface parking spaces. High traffic location close to I-80, I-57, and I-294.
    Exterior Features

    Number Of Drive In Doors 4 Number Of TLDocks 1 Outdoor Parking 19-30 Spaces Parking Total 28

    Interior Features

    Approx Office Sq Ft 5320 Ceiling Hgt Max Ft 21 Ceiling Hgt Max In 0 Ceiling Hgt Min In 0 Cooling Central Air Electric 201-600 Amps Fire Protection Sprinklers-Wet Heat Ventilation Gas Indoor Parking Underground Leasable Area 0

    Property Features

    Additional Parcels YN Yes Built Before1978 YN No Cap Rate 8.63 Geographic Locale Southwest Suburban Gross Income 234000 Investment YN Yes Min Avail Sq Ft Rentable 0 Net Operating Income Year 2020 Number Of Tenants 1 Property Offered For Sale Only Tax Annual Amount 126407 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceInsuranceScavengerSewer Zoning Indus

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Premiere Properties.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T16:54:53.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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