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Downtown Apartment Building Opportunity
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403-410 Delles, Wheaton, IL 60187

Fully leased 20-unit, two-story multifamily property with assigned parking and three-bedroom, two-bath apartments.

Property Size24,650 SF
Days on Market67

Property Features for 403-410 Delles

General Information

Standard status Active
Size 24,650 SF
Total Parking Spaces 34
Property subtype Multifamily
Zoning R-5 Wheaton
Occupancy 100%
Investment Type Stabilized

Additional Details

Highway Access Yes
Multifamily Units 20

Building Details

Buildings 5
Stories 2
Units 20
Tenancy Single
Listing Agency: Millennium Properties R/E
Listed By: Daniel Hyman · License #IL 471.013658x
Source: Crexi
Added: Jul 1 Changed: Aug 24 Last Checked: Sep 1 at 8:18PM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

A fully leased 20-unit, two-story multifamily building is available for sale in downtown Wheaton. The 24,650 square foot property consists of 20 apartments, each with three bedrooms and two bathrooms. Units feature open, sunny living spaces and hardwood floors, and each apartment includes an assigned parking space.

The property is located near Roosevelt and Butterfield Roads, I-88, and the Wheaton MetraRail Station. It is also situated among several top-rated Wheaton District schools. Retail nearby includes Target, Marianos, Five, and Hoek Coffee, along with Egg Harbor Cafe, Wheaton French Market, and 7-Eleven, plus additional shops and dining options.

This offering presents a straightforward residential income configuration with all units currently leased and consistent apartment layouts across the building.

Key Highlights

  • Fully leased 20‑unit, two‑story multifamily building totaling 24,650 SF
  • Unit mix: 20 apartments with 3 bedrooms and 2 bathrooms
  • Each apartment features open, sunny spaces and hardwood floors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Locksmith Furniture & Home Goods Catering Service Pet Grooming Service

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

20
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,447
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?
Apartment building - Fully leased 20-unit, two-story multifamily property with assigned parking and three-bedroom, two-bath apartments.
Where is this apartment building located?
The property is located at 403-410 Delles Wheaton, IL.
What are key features of this property?
This property features: Fully leased 20‑unit, two‑story multifamily building totaling 24,650 SF; Unit mix: 20 apartments with 3 bedrooms and 2 bathrooms; Each apartment features open, sunny spaces and hardwood floors
(312) 338-3000 Call to check price and availability
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