10-Year Absolute Net Leased Investment 180 Shepard Ave 20,000 SF 100% Leased Industrial Building Wheeling, IL 60090 £1,627,344 (£81.37/SF) 8.01% Net Initial Yield

180 Shepard Avenue offers an exceptional opportunity to own a fully leased industrial property in the bustling Chicago suburb of Wheeling. This single-tenant, 20,000-square-foot facility features a 14-foot clear height, five drive-in bays, and a 200-amp power supply. The property is occupied by an elite baseball academy that serves the Chicagoland area. An absolute net lease structure with a brand-new 10-year term is in place, and it includes 3% annual rent increases, enhancing long-term revenue growth.

Strategically situated in the Chicago MSA, Wheeling is an advantageous North Cook County location benefitting from excellent infrastructure, proximity to major area highways, and a business-friendly environment. 180 Shepard Avenue offers easy access to Interstates 294, 94, and 90, ensuring efficient connectivity for all transit needs. Both Chicago Executive Airport and Chicago O'Hare International Airport are within a 25-minute drive, providing convenient travel options and streamlined freight distribution.

Bordering Lake Michigan and comprising many of Chicago's most affluent ZIP codes, Northern Cook County consists of a cluster of densely packed communities with tree-lined streets and top-ranked school districts. Manufacturers and logistics companies are drawn to North Cook County in part due to its accessibility to both Interstates 294 and 94, which trifurcate the submarket. Businesses are mostly lured to this area by the population density and proximity to some of the most successful retail outlets in the Chicago area, as well as the supplemental out lots and power centers surrounding them.

Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203