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1403 N Main St Wheaton, IL 60187

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For Sale
$5,500,000

Fully leased retail property with strong annual rent increases.

Type:Retail
Property size:
17,965 SF
Added:
Jan 26, 2026
Days on Market:
65
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

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Listing Contact
Mitchell Kiven

Listing agent Mitchell Kiven License #IL 475.164486

Listing office Marcus & Millichap - Chicago Downtown

Listing date Jan 26, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown


Overview

Wheaton Retail Property For Sale

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.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wheaton
County
DuPage
State
Illinois
Longitude
-88.1058439
Latitude
41.8790581

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.
More about this property
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