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Property profile & analytics

400 Knl St Ste A Wheaton, IL 60187-4557

  • Office Properties & Spaces
  • 3,070 SF
  • 0.07 lot acres
OFF-MARKET
Last Sale
Jul 08, 2020
$515,000
Value Estimations
$615,000
Show details
Cap Rate Potential
7.3%
Office Properties & Spaces
Location Intelligence
Property ID
US28-2448684
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

  • 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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $304k - $759k
    AI Estimate
    $617,000
    Market 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

Get a detailed, property-specific valuation — fast and free


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

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
$11,541
$35,350
$135,430
$170,780
-
$106,050
$406,290
$512,340
More about this property
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