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Remodeled Corner Mixed-Use Property
For Sale
Under Contract
$600,000

323 S Hale Street, Wheaton, IL 60187

COMMERCIAL - Wheaton, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market119

Property Features for 323 S Hale Street

General Information

Property type Commercial Sale
Property subtype Office
Directions ROOSEVELT TO HALE - NORTH TO 323 S. HALE
Subdivision Wheaton
Standard status Active Under Contract
APN 0516323012
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10427

Utilities

Cooling system Central Air

Building Details

Year built 1893
Floors in Building 3
Number of units 2
Listing Agency: Baird & Warner
Listed By: Mary Tremonte
Added: Apr 13 Changed: Aug 4 Last Checked: Aug 9 at 6:06PM
MLS# 12617020

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.

Remodeled corner property in a Zoned C-4 setting offering flexible configuration options for residential or commercial use. The current floor plan provides room for 5–6 bedrooms across two floors, which can also be adapted as family rooms or dens with additional kitchen setups. An interior front staircase provides direct access to the second floor, while a separate side door entrance supports a two-unit dwelling layout with private access.

The property includes a welcoming front porch rebuilt in 2026, a full basement with ample storage, and a spacious attic accessible from the second floor that could be converted into additional living space. It sits on a corner lot with ten parking spaces and a large side driveway accessible from both Hale and Illinois Streets, with additional room on the lot to add a garage if desired.

Recent updates include new dual HVAC with central air, two full bathrooms (one on each floor) with room for a potential third full bathroom on the second level, and several completed improvements such as new siding, roof, trim, flooring, lighting, updated basement interior finishes, replaced windows in 2015, and driveway/landscaping resealing. There is also room on the first level for a powder room if desired.

Key Highlights

  • Prime downtown Wheaton location on a corner lot, offering convenient access to shops, restaurants, and amenities.
  • Zoned C‑4, allowing for flexible use as a single‑family home, multi‑unit building, or mixed‑use commercial property.
  • Extensively remodeled with new dual HVAC (central air), siding, roof, flooring, lighting, and more.

Property Analytics

Current Use

Central States Tower Telecommunications Service Arid Technologies, Inc. Corporate Office

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store Computer & Electronic Repair Locksmith

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,999
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner lot with ten parking spaces, dual HVAC, central air, and flexible interior access for mixed-use or multi-unit living.
Where is this duplex located?
The property is located at 323 S Hale Street Wheaton, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime downtown Wheaton location on a corner lot, offering convenient access to shops, restaurants, and amenities.; Zoned C‑4, allowing for flexible use as a single‑family home, multi‑unit building, or mixed‑use commercial property.; Extensively remodeled with **new dual HVAC (central air), siding, roof, flooring, lighting, and more.**
More about this property
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