400 Knl St Ste A Wheaton, IL 60187-4557
- Office Properties & Spaces
- 3,070 SF
- 0.07 lot acres
Jul 08, 2020
Current Use by Public Records
- Windham Group LLC / Construction Company / General Contractor
- Elizabeth Reed Law Offices / Law Firm
- Kristufek & Associates, P.C. / Law Firm
- Fuchs & Roselli, Ltd. / Law Firm
- McSwain Nagle Giese & Rapp, P.C. / Law Firm
Property Details for 400 Knl St Ste A
- Year built
- 2006
- Construction
- MIXED
- Lot size
- 0.07 lot acres
- Property size
- 3,070 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- 05-18-306-031
- APU
- 518306031
Description
This exceptional 3,070 square foot office condo, located at 400 S Knoll Street Unit A in Wheaton, Illinois, presents a fantastic opportunity for businesses seeking a prestigious and convenient location. Situated on a 0.07-acre lot, this property boasts easy access to the DuPage County Courthouse, major roadways, and expressways, ensuring seamless commutes for employees and clients alike. Currently configured as a legal firm, the space offers a thoughtfully designed layout ideal for professional use. Upon entering, you'll be greeted by an inviting foyer leading to several private offices, perfect for individual work or client consultations. A dedicated conference room provides a professional setting for meetings and presentations. The inclusion of a kitchenette adds convenience for staff and guests, while multiple private bathrooms enhance privacy and comfort. A generous main office area offers ample space for collaborative work or larger teams. The floor plan, available in the accompanying photos, showcases the efficient and well-organized design of this exceptional property. Priced at $625,000, this condo represents a significant opportunity to establish or expand your business in a highly desirable location. Don't miss this chance to secure a prime office space in the heart of Wheaton.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $620,000
- ML approach
- $585,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $755,000
- 6.5%
- $695,000
- 7%
- $645,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $759,000
- AI Estimate
- $617,000
Market price range: $304k - $759kMarket price range: $234k - $618k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $490,000 Current use
- MEDICAL BUILDING
- $690,000 Change: +41% Conversion: Easy
- RETAIL STORES
- $660,000 Change: +35% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $645,000 Change: +31% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Wheaton
- County
- Dupage
- State
- Illinois
- Longitude
- -88.1447
- Latitude
- 41.861
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA