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Financial
Distress signals
Property profile

1604 N Main St Wheaton, IL 60187

FOR SALE
Medical Office Space
Property ID
US28-5486872
3,120 SF 0.35 ac lot Built 1972
Last sale Jan 2026 · $865,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1604 N Main St, Wheaton, IL 60187 For Sale
Contact for pricing 3,120 SF
1604 N Main St, Wheaton, IL 60187
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Property summary

AI-generated overview

This is a 3,120-square-foot office building located in Wheaton, Illinois.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$270k
Assessed land$55k
Assessed improvement$215k
Effective rate6.76%

Value estimate

· Oct 2026
$345k
$311k – $380k
CAP approach$635k
Submarket $/SF estimate$907k
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$19k
Operating expenses−$14k
NOI · 2.69% cap applied$43k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$225/SF
County average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$123 – $352

Cap rate analysis

How does the asset earn?
2.69%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
Tailor Shop9.7
Convenience Store9.3

Location

1604 N Main St Wheaton, IL 60187
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Wheaton, IL 60187-5021 $1,010,000 Apr 2025 2,268 SF
114 Willow, Wheaton, IL 60187 $28,400,000 Jun 2024 40,194 SF
111 Wesley, Wheaton, IL 60187-5136 $150,000 Jan 2023 4,700 SF
1502 Roosevelt, Wheaton, IL 60187-6806 $390,000 May 2022 1,209 SF
315 Naperville, Wheaton, IL 60187-5423 $300,000 Mar 2022 1,296 SF
1600 Main, Wheaton, IL 60187-3281 $490,000 Nov 2020 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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