1000 Geneva Rd, Wheaton, IL 60187-2419
This exceptional Class A retail property, located at 1000 Geneva Rd in Wheaton, IL, presents a unique investment opportunity. The 8,850 square foot building, constructed in 2008, is situated on a prominent corner lot at the southwest corner of Geneva and Gary Roads, boasting excellent visibility and signage potential. This single-story building previously housed American Enterprise Bank and features a drive-through, ample parking (40+ spaces), and dual access points. The interior showcases high-quality finishes including polished stone flooring, recessed lighting, high ceilings, four glass-walled offices, multiple teller spaces, a breakroom with a sink, and two bathrooms. The property benefits from a high-traffic location with approximately 20,000 vehicles passing daily. Strong demographics further enhance its appeal, with a 2023 5-mile population of 243,593, an average 5-mile household income of $124,971 (and a 1-mile average household income of $151,885), and annual consumer spending totaling $3.2 billion. The asking price for this exceptional retail space is $2,600,000. This property is ideal for a variety of retail uses, offering a blend of functionality and prime location in a thriving community. The floor-to-ceiling windows provide abundant natural light, creating a welcoming and inviting atmosphere. The property's size and features make it suitable for a range of businesses seeking a high-profile location in a densely populated area with significant consumer spending.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.