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Financial
Distress signals
Property profile

221 Illinois St Wheaton, IL 60187

OFF-MARKET
Office buildings
Property ID
US28-3405016
4,292 SF 0.32 ac lot Built 1977
Last sale Sep 2022 · $665,000
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This beautifully renovated two-story office building at 221 W Illinois Street, Wheaton, IL, offers 4,000 square feet of prime commercial space. Situated on a 0.24-acre lot in the heart of Wheaton's downtown business district, this property enjoys exceptional walkability to a wide array of restaurants, businesses, and entertainment venues. The building boasts a traditional office layout with attractive hardwood floors throughout. A fully built-out basement, complete with windows, provides…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$222k
Assessed land$98k
Assessed improvement$123k
Effective rate7.14%

Value estimate

· Oct 2026
$770k
$693k – $847k
AI approach$685k
CAP approach$970k
Submarket $/SF estimate$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$99 – $247

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy14.9
Auto Parts Store14.9
Clothing Store13.5

Location

221 Illinois St Wheaton, IL 60187-5409
County assessor Recorded deeds · 3 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
528 Roosevelt, Wheaton, IL 60187-5085 $690,000 Mar 2025 4,250 SF
115 Wesley, Wheaton, IL 60187-5137 $560,000 May 2024 4,283 SF
213 Wheaton, Wheaton, IL 60187-5207 $1,000,000 Nov 2023 4,136 SF
311 Naperville, Wheaton, IL 60187-5473 $437,500 Apr 2022 4,090 SF
175 Washington, Wheaton, IL 60187-5313 $345,000 Sep 2021 3,547 SF
441 Carlton, Wheaton, IL 60187 $265,000 Sep 2019 3,850 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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