1113 Wheaton Oaks Ct, Unit 5 Wheaton, IL 60187-3051
- Office Properties & Spaces
- 5,000 SF
- 2.21 lot acres
Nov 21, 2023
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1113 Wheaton Oaks Ct
- Year built
- 1982
- Construction
- FRAME
- Lot size
- 2.21 lot acres
- Property size
- 5,000 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- 05-08-422-007
- APU
- 508422007
Description
This exceptional office campus, totaling 30,000 square feet, presents a compelling investment opportunity in the thriving city of Wheaton, Illinois. Situated on a beautifully landscaped 2.85-acre lot at 1113 Wheaton Oaks Ct, 60187, this multi-tenant property offers unparalleled convenience and accessibility. The campus enjoys a prime location, adjacent to the Wheaton Sport Center and Cosley Zoo, and within one mile of Downtown Wheaton, Wheaton College, the Metra Train Station, Northwestern Central DuPage Hospital, and the DuPage County Government Complex. The property comprises multiple buildings, each offering 5,000 square feet across two floors, featuring attractive walk-out patios and balconies. Many suites boast high-end finishes, including hardwood floors, fireplaces, and thoughtfully designed reception areas. The maximum contiguous space available is 10,000 square feet, providing flexibility for a variety of business needs. This property in DuPage County presents a rare opportunity to acquire a well-maintained, strategically located office complex in a highly desirable area. The property's proximity to key amenities and transportation options makes it an ideal location for businesses seeking a vibrant and convenient work environment. The attractive landscaping and building features create a welcoming and professional atmosphere. This is a traditional office property with multiple tenants.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,250,000
- ML approach
- $1,270,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,225,000
- 6.5%
- $1,130,000
- 7%
- $1,050,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $800,000 Current use
- AUTO REPAIR, GARAGE
- $1,770,000 Change: +121% Conversion: Difficult
- RESTAURANT
- $1,555,000 Change: +94% Conversion: Moderate
- MEDICAL BUILDING
- $1,125,000 Change: +41% Conversion: Easy
- RETAIL STORES
- $1,075,000 Change: +35% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,050,000 Change: +31% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Wheaton
- County
- Dupage
- State
- Illinois
- Longitude
- -88.12
- Latitude
- 41.8757
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA