Property profile

221 Front St Wheaton, IL 60187

OFF-MARKET
Commercial real estate
10,000 SF 0.1 ac lot Built 2001
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Property summary

AI-generated overview

This exceptional three-story Class A office building, situated in the heart of downtown Wheaton, Illinois, presents a unique investment opportunity with significant owner-user potential. The 10,000 square foot building boasts a prime location on 0.1 acres at 221 W Front Street. The upper two floors comprise approximately 7,450 square feet of executive office space, previously configured to accommodate approximately 100 sales traders. This space is adaptable to a variety of uses. The ground floor features 2,550 square feet of retail space, previously occupied by a tea shop, complete with a fully equipped kitchen, grease trap, sinks, a black iron hood with an Ansul system, and fixtures and equipment already in place. This provides immediate income potential or the opportunity to create a unique business synergy. The building is equipped with a security system, a sprinkler system, an air-cooled server room, and CAT 6 communications infrastructure. Each floor includes its own lunchroom, ADA-compliant bathrooms, and conference rooms, enhancing functionality and convenience. Convenient parking is readily available in the nearby downtown Wheaton garage, bordering the property. The building's proximity to the Wheaton Metra station provides excellent commuter access. This property offers a compelling blend of investment growth and attractive owner-user possibilities.

Property profile

Verified
Property type Commercial real estate
Year built 2001
Total area 10,000 SF
Lot 0.1 ac (4,356 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • (Bike/Boat/Book/etc) Store Printing Service
  • Restaurant

Location

221 Front St Wheaton, IL 60187
Wheaton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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