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    Property profile & analytics

    1600 Main St Wheaton, IL 60187-3281

    • Medical offices
    • 2,400 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Last Sale
    Nov 05, 2020
    $490,000
    Location Intelligence
    Property ID
    US28-0461683
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Paul Carbonari American Family Insurance / Insurance Company
    • Neuropathy Care Center / Medical Office
    • Tilson Chiropractic FamilyCare / Chiropractor
    • American Family Insurance - Julia Skuibida Agency Inc / Insurance Agency
    • Marissa Wossner / Chiropractor

    Property Details for 1600 Main St

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    2,400 SF
    Zone code
    C
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    05-09-107-004
    APU
    509107004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $485,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $550,000
      Mixed-Use
      $425,000
      Hospitality
      $420,000
      Educational
      $570,000
      Residential Income
      $560,000
      Energy
      $440,000
      Income-Based Land
      $440,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Wheaton
    County
    Dupage
    State
    Illinois
    Longitude
    -88.1072
    Latitude
    41.8809
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,137
    $45,900
    $118,890
    $164,790
    -
    $137,700
    $356,670
    $494,370

    Comparable in this City

    • Value Estimation
      $135,000
      4,700 SF

      111 Wesley St

      MEDICAL BUILDING • 4,700 SF
      111 Wesley St, Wheaton, IL 60187-5136
      View Details
    • Value Estimation
      $270,000
      976 SF

      604 Blanchard St

      MEDICAL BUILDING • 976 SF
      604 Blanchard St, Wheaton, IL 60187-6702
      View Details
    • Value Estimation
      $390,000
      1,209 SF

      1502 Roosevelt Rd

      MEDICAL BUILDING • 1,209 SF
      1502 Roosevelt Rd, Wheaton, IL 60187-6806
      View Details
    • Value Estimation
      $485,000
      3,754 SF

      1706 Roosevelt Rd

      MEDICAL BUILDING • 3,754 SF
      1706 Roosevelt Rd, Wheaton, IL 60187-6838
      View Details
    • Value Estimation by Request
      40,194 SF

      114 Willow Ave

      MEDICAL BUILDING • 40,194 SF
      114 Willow Ave, Wheaton, IL 60187
      View Details
    • Value Estimation by Request
      0.33 Acres

      219 Cole Ave

      MEDICAL BUILDING • 0.33 Acres
      219 Cole Ave, Wheaton, IL 60187-3107
      View Details

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    Similar Nearby for Lease

    • $18 SF/Yr
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      Wheaton Medical Office Space For Lease

      Class A Suites, Excellent Location, DuPage County
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    • $18 SF/Yr
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      Wheaton Office Center: 5 Buildings Available

      Prime Wheaton Office Space: 1,160 - 2,504 sq ft.
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    • $1,050,000
      8,800 SF

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      Two-story brick building suitable for medical or professional offices.
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    • $18 SF/Yr
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      Office space suitable for law, government, medical, or general use.
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    • Contact for pricing
      7,032 SF

      Downtown Wheaton Office Space

      Standalone office building near Metra with ample parking.
      240 E Willow Ave, Wheaton, IL 60187
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    • $18 SF/Yr
      700 SF

      Office Building on Roosevelt Road

      Three-story office building with excellent exposure and free parking.
      316 W Roosevelt Rd, Wheaton, IL 60187
      View Details
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    1600 Main St
    Wheaton, IL 60187-3281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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