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Rehabilitated Duplex with Garden Unit
New
For Sale
$765,000

118 N President Street, Wheaton, IL 60187

MULTI_FAMILY - Wheaton, IL

Property SizeContact for details
Lot Size0.19 Acres
Days on Market2

Property Features for 118 N President Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2
Parking 2
Parking features Garage, Open
Patio and Porch features Deck
Basement Finished, Full, Daylight
Lot features Garden
Elementary school Lowell Elementary School
Middle school Franklin Middle School
High school Wheaton North High School
Elementary school district 200
Middle school district 200
High school district 200
Directions West side of President, Just south of Crescent and the tracks.
Subdivision Wheaton
Standard status Active
APN 0516403019
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5433

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Amenities

covered front porch
deck
backyard
laundry

Building Details

Year built 1927
Building materials Brick, Concrete
Roof type Asphalt
Listing Agency: Keller Williams Premiere Properties · Keller Williams Realty
Listed By: Maureen Rooney · License #475142114
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 at 10:06AM
MLS# 12731203

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story duplex contains a 4-bedroom apartment and a garden-level 1-bedroom, 1-bath apartment. Each residence has a private entrance, kitchen, and laundry area. The larger unit includes a living room, dining room, open kitchen with center island, quartz counters, stainless appliances, pantry, mudroom, and a primary suite with private bath and walk-in closet. The lower apartment has windows in all rooms, a kitchen, living room, full bath, and laundry room.

The property sits on 0.19 acres at 118 N President Street in Wheaton and carries R-5 zoning. A 2026 rehabilitation addressed the kitchen, baths, plumbing, electrical, insulation, flooring, lighting, roof, windows, water service, sewer line, driveway, and apron. The home also features a covered front porch, deck, backyard, 2.5-car garage, forced-air natural-gas heat, public sewer, brick and concrete construction, and an asphalt roof.

The location is near Wheaton College, College Avenue shops and restaurants, the Metra Station, Lowell Elementary, Illinois Prairie Path, Tot Lot, French Market, and downtown Wheaton.

Key Highlights

  • Two‑story duplex with a 4‑bedroom apartment and a 1‑bedroom, 1‑bath garden‑level unit
  • 2026 rehabilitation included kitchen, baths, plumbing, electrical, insulation, floors, roof, windows, and sewer line
  • Separate entrances, kitchens, and laundry areas for both apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Locksmith Bakery Grocery & Convenience Store Tech Support Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 60187, IL

30,059
Population
10,619
Households
2.8
Avg Household Size
37
Median Age
62%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
4,554
Density / Sq Mi
$119,048
Median Household Income
$49,625
Median Earnings
$1,744
Median Rent
$432,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments offer individual entries, kitchens, and laundry areas, with a covered porch, deck, backyard, and garage.
Where is this duplex located?
The property is located at 118 N President Street Wheaton, IL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Two‑story duplex with a 4‑bedroom apartment and a 1‑bedroom, 1‑bath garden‑level unit; 2026 rehabilitation included kitchen, baths, plumbing, electrical, insulation, floors, roof, windows, and sewer line; Separate entrances, kitchens, and laundry areas for both apartments
More about this property
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