Wheaton Retail Property For
1403 N Main St, Wheaton, IL 60187
Fully leased retail property with strong annual rent increases.
Type:Retail
Property size:
17,965 SFPrice / SF:
$306/SF- Added:
- Jan 26, 2026
- Days on Market:
- 110
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 1403 N Main St
General Information
- Standard status
- Active
- Size
- 17,965 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing agent Mitchell Kiven License #IL 475.164486
Listing office Marcus & Millichap - Chicago Downtown
Listing date Jan 26, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
HighLights
- Fully leased property with a weighted average lease term over 7.5 years, providing stabilized cash flow.
- Located in Wheaton, Illinois, a desirable Chicago suburb with strong demographics: 110,000 residents within a 3‑mile radius and average household incomes approaching $150,000.
- All leases include strong annual rent increases, enhancing future income potential.
- Features a mix of three complementary tenants: a dentist, a resale shop backed by Wheaton’s College Church, and a Re/Max Suburban real estate office.
- Located on Main Street at a signalized intersection, providing easy access and high visibility.
- Re/Max lease includes landlord‑favorable expense stops, allowing for operating expense increases to be passed through to the tenant.
Overview
This ~18,000 square foot retail property is located in Wheaton, Illinois. The property is fully leased to three tenants: a dentist, a resale shop backed by Wheaton’s College Church, and a Re/Max Suburban real estate office. All leases feature strong annual rent increases. The Dental Studio and Stars Resale operate on pure NNN leases, while the Re/Max lease features landlord favorable expense stops that allow any increase over current operating expenses to be passed through to the tenant. The building is positioned on Main Street, between two smaller residential streets, providing easy access to the site. The property benefits from its location at a signalized intersection. With its elevation above Main Street, this retail property appears noticeably prominent from street level. The demographics show 110,000 people residing within a 3-mile radius and household incomes approaching $150,000 on average. The weighted average lease term is over 7½ years.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Wheaton
- County
- DuPage
- State
- Illinois
- Longitude
- -88.1058439
- Latitude
- 41.8790581
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Fully leased retail property with strong annual rent increases.
Where is this retail space located?
The property is located at 1403 N Main St Wheaton, IL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Fully leased property with a weighted average lease term over 7.5 years, providing stabilized cash flow.; Located in Wheaton, Illinois, a desirable Chicago suburb with strong demographics: 110,000 residents within a 3‑mile radius and average household incomes approaching $150,000.; All leases include strong annual rent increases, enhancing future income potential.
