Address
402 E ROOSEVELT Road, Wheaton, IL
Price
$ 495,000
Property Attributes
  • MLS#11889126
  • TypeCommercial
  • CountyDU PAGE
  • CityWheaton
  • AreaWheaton
  • NeighborhoodCenter
  • Zip60187
  • StyleOffice
  • Year Built1950
  • Taxes$ 18800
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5260
  • Lot Size0.3 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

PRIME ROOSEVELT RD LOCATION. Scenic setting for this charming 5260 SF office building. 24,900 VPD pass by. Awesome visibility and 60% leased. Multiple long term tenants. Tenants responsible for phones & internet. Each suite/office is equipped with buzzer & intercom system. Great investment, or owner/user opportunity! Roof new in 2022, parking lot repaved 2023. Private parking offers 30 spaces. Great condition & ideal location, close to downtown Wheaton and all it has to offer. * Taxes will be reduced to $12,998 for 2024

Price History
9/21/2023 Listed $495,000

General Features

Additional Parcels Y/N No
City Wheaton
Construction Materials Brick, Concrete
Cooling Central Air
County Du Page
Current Use Office
Days on Market 76
Directions NAPERVILLE RD TO ROOSEVELT E. TO BLDG. 3RD ON SOUTH SIDE OF ST.
Electric Service - 201 to 600 Amps
Gross Income 43860
Leasable Area 750
Lease Type Modified Gross
Lot Size Square Feet 11000
MLS Area Wheaton
Net Operating Income 11162
Operating Expense 32698
Possible Use Office and Research
Property SubType Office
Property Type Commercial Sale
Property Type Office/Tech
Roof Composition
Standard Status Active
Status Active
Stories 2
Street Name ROOSEVELT
Tax Annual Amount 18800
Tax Year 2021
Tenant Pays Common Area Maintenance, Varies by Tenant
Total Units 7
Township Milton
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Year Built 1950
Zoning OFFIC

Interior Features

Flooring Carpet
Street Suffix Road

Exterior Features

Building Area Total 5260
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 60X297
Lot Size Acres 0.3
Total Parking 30

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60187

Price
AVG $1.12M
$500K
Taxes
AVG $27,620
$18,800
Visits
AVG 398
83
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1950
Walkscore
AVG 75
76
Data Provided by Walkscore® not using MLS data