Listing Agency: Quantum Real Estate Advisors

Listed By: Dan Sanfilippo · License #475218594

Source: Crexi

Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 1:52PM

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Investment Insights

Based on property information with market context.

This medical office property at 1604 N. Main St. in Wheaton, Illinois, contains 3,120 square feet. It is offered for sale with a stated 6.05% cap rate.

Key Highlights

• 3,120 square feet of medical office space
• 6.05% cap rate
• Located at 1604 N. Main St. in Wheaton, Illinois

Property Analytics

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Current Use

Barbra S. Hanna ... Physician Emilie McLain, APRN, ... Physician MyMenopauseRx Medical Clinic

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

699

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - The Wheaton property is offered for sale as an office asset.

Where is this medical office space located?

The property is located at 1604 N Main St. Wheaton, IL.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: 3,120 square feet of medical office space; 6.05% cap rate; Located at 1604 N. Main St. in Wheaton, Illinois