305 Naperville Rd Wheaton, IL 60187
- Commercial real estate
- 1,296 SF
- 0.16 lot acres
Current Use by Public Records
- Miller Thomas / Immigration Attorney / Family Law Attorney
- Elizabeth L. Krueger, P.C. / Family Law Attorney / Immigration Attorney
- Elizabeth McGuan / Family Law Attorney / Immigration Attorney
Property Details for 305 Naperville Rd
- Year built
- 1925
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 1,296 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 05-16-326-002
- APU
- 516326002
Description
This exceptional 1,820 square foot office building, located at 305 S Naperville Road in Wheaton, Illinois, presents a unique investment opportunity. Built in 1925 and zoned OR, the property seamlessly blends historic character with adaptable modern functionality. The versatile interior layout offers flexible workspace options, catering to a variety of business needs. Ample parking is available for tenants and visitors, ensuring convenient access. Its strategic location in Wheaton provides easy access to a wealth of local amenities and services, including numerous dining establishments, retail shops, and other businesses. The property's proximity to downtown Wheaton further enhances its appeal, placing it within walking distance of a vibrant commercial hub. This prime location, combined with the building's inherent charm and adaptability, makes it an attractive prospect for discerning investors and business owners seeking to establish a presence in a thriving market. The building's size and layout offer significant potential for customization and expansion, allowing for tailored solutions to meet specific business requirements. This is a rare opportunity to acquire a well-situated, historically significant property in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $285,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $275,000
- Mixed-Use
- $370,000
- Hospitality
- $285,000
- Educational
- $305,000
- Residential Income
- $295,000
- Energy
- $330,000
- Income-Based Land
- $360,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Wheaton
- County
- Dupage
- State
- Illinois
- Longitude
- -88.1025
- Latitude
- 41.863
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
