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    Property profile & analytics

    311 Loop Rd Wheaton, IL 60189-2193

    • Turn key restaurants
    • 9,236 SF
    • 2.71 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 04, 2025
    $168,000
    Location Intelligence
    Property ID
    US28-0451008
    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

    • Turn key restaurants

    Property Details for 311 Loop Rd

    Year built
    1994
    Construction
    MIXED
    Lot size
    2.71 lot acres
    Property size
    9,236 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    05-28-403-029
    APU
    528403029

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wheaton
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0952
    Latitude
    41.8301
    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
    $38,608
    $482,930
    $88,370
    $571,300
    -
    $1,448,790
    $265,110
    $1,713,900

    Comparable in this City

    • Value Estimation
      $725,000
      6,200 SF

      50 Loop Rd

      RESTAURANT • 6,200 SF
      50 Loop Rd, Wheaton, IL 60189-1907
      View Details
    • Value Estimation
      $500,000
      5,079 SF

      2030 Naperville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,079 SF
      2030 Naperville Rd, Wheaton, IL 60189-8171
      View Details
    • Value Estimation
      $725,000
      5,000 SF

      301 Loop Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,000 SF
      301 Loop Rd, Wheaton, IL 60189-2193
      View Details
    • Value Estimation by Request
      254,201 SF

      2 Danada W Sq, Unit 280

      RETAIL STORES (PERSONAL SERVICES) • 254,201 SF
      2 Danada W Sq, Wheaton, IL 60189-2000
      View Details
    • Value Estimation by Request
      5,849 SF

      1962-1980 Naperville Rd

      Lifestyle centers • 5,849 SF
      1962-1980 Naperville Rd, Wheaton, IL 60189
      View Details
    • Value Estimation
      $8,375,000
      80,465 SF

      1147 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 80,465 SF
      1147 Butterfield Rd, Wheaton, IL 60189-8807
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,217 SF

      Wheaton Restaurant Development Opportunity

      1.73 acre site with 6,217 SF restaurant building.
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      13,273 SF

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      0.97 Acres

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      Build a custom home near Downtown Wheaton and Illinois Prairie Path.
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    • $285,000
      28,000 SF

      Wheaton Office Suite - Prime Location

      1563 SF Office, Abundant Amenities, Great Location
      1761 Naperville Rd, Wheaton, IL 60189
      View Details
    • $386,900
      2,758 SF

      Wheaton Executive Office Suite

      Prime Wheaton Office, 2758 SF, Vacant
      1749 Naperville Rd, Wheaton, IL 60189
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      Wheaton Medical Office Condo

      Class A medical office, 3,443 SF
      0 Naperville Rd, Wheaton, IL 60189
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,591 SF

      Retail Space in Danada Trade

      Retail spaces available in well-located Danada trade area.
      1-49 Rice Lake Sq, Wheaton, IL 60189
      View Details
    • Contact for pricing
      3,800 SF

      Wheaton Retail Space For Rent

      Retail space in a dynamic, highly trafficked Wheaton location.
      91-301 Town Sq, Wheaton, IL 60189
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Danada Square

      Grocery-anchored shopping center in affluent Wheaton, Illinois.
      200 Danada Sq, Wheaton, IL 60189
      View Details
    • Contact for pricing
      2,358 SF

      Retail Space in Revitalized Center

      Prime retail space in Wheaton's Rice Lake Square.
      101-287 Rice Lake Sq, Wheaton, IL 60189
      View Details
    • Contact for pricing
      1,409 SF

      Retail Space in Wheaton, IL

      Retail space available for lease in Wheaton, Illinois.
      801 Butterfield Rd, Wheaton, IL 60189
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Danada Square

      Retail space available in Wheaton's Danada Square West.
      62 Danada Sq W, Wheaton, IL 60189
      View Details
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    311 Loop Rd
    Wheaton, IL 60189-2193
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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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