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Four-Unit Quadplex with Pitched Roof
For Sale
Contact for pricing
Pending

1407 E Roosevelt Road, Wheaton, IL 60187

Fully occupied residential income property with updated interiors, refreshed common areas, and a dedicated laundry room.

Property SizeContact for details
Days on Market144

Property Features for 1407 E Roosevelt Road

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Amenities

laundry room

Building Details

Buildings 1
Listing Agency: Horvath & Tremblay
Listed By: Anthony Spangler · License #IL 475173833
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 12:29PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This four-unit residential income property includes three two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The two-bedroom units measure 1,000 square feet each, while the one-bedroom unit measures 900 square feet. All units are occupied by long-term tenants. Recent improvements include updated interiors, refreshed common areas, and work to the laundry room. The roof was replaced and changed from a flat design to a pitched shingle roof.

The property is positioned along Roosevelt Road in Wheaton, less than 2 miles from downtown Wheaton and the Metra station. It is also less than 3 miles from I-355 and within 5 miles of I-88 and I-290, providing access to major Chicagoland routes and nearby commercial amenities.

Key Highlights

  • 4 total rentable units: 3 two‑bedroom/one‑bath units and 1 one‑bedroom/one‑bath unit
  • Two‑bedroom units measure 1,000 sq. ft.; one‑bedroom unit measures 900 sq. ft.
  • Fully occupied with long‑term tenants

Property Analytics

Current Use

Diamond Masonry & Tuckpointing General Contractor

Suggested Use

Top Pick Hair Salon Garden Center Furniture & Home Goods Auto Parts Store Locksmith Barber Shop

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

4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

656
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied residential income property with updated interiors, refreshed common areas, and a dedicated laundry room.
Where is this quadplex located?
The property is located at 1407 E Roosevelt Road Wheaton, IL.
What are key features of this property?
This property features: 4 total rentable units: 3 two‑bedroom/one‑bath units and 1 one‑bedroom/one‑bath unit; Two‑bedroom units measure 1,000 sq. ft.; one‑bedroom unit measures 900 sq. ft.; Fully occupied with long‑term tenants
(312) 533-8899 Call to check price and availability
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