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    416 E Roosevelt Rd Wheaton, IL 60187
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    Property profile & analytics

    416 E Roosevelt Rd Wheaton, IL 60187


    • Office buildings
    • 13,288 SF
    • 1.23 lot acres
    Office Space in Busy Corridor For Lease
    $19 SF/Yr
    2,540 SF

    Office Space in Busy Corridor

    545 SF office space in a busy office corridor.

    416 E Roosevelt Rd, Wheaton, IL
    View Listing
    Property ID
    US28-1455324
    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.

    Value Estimations
    $1,965,000
    Cap Rate Potential
    9.2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Complete Chiropractic / Alternative Medicine Practice
    • Odoni Partners LLC - Certified Public Accountants / Accounting Firm / Tax Preparation
    • Lillian Warden / Alternative Medicine Practice
    • Advanced Healthcare Associates - Dr. Susie Warden / Alternative Medicine Practice
    • 7 Essentials of Health / Alternative Medicine Practice

    Property Details for 416 E Roosevelt Rd

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.23 lot acres
    Property size
    13,288 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    05-21-200-054
    APU
    521200054

    Description

    This exceptional office building, Wheaton Oaks Professional Building, located at 416 E Roosevelt Rd, Wheaton, IL 60187, offers a variety of flexible office spaces ideal for executive or medical practices. The building totals 19,000 square feet and features multiple tenancies, with available spaces ranging from 1,080 to 1,900 contiguous square feet. Currently, 2,980 square feet of space is vacant and ready for immediate occupancy. The property boasts ample parking for tenants and visitors. Its strategic location on Roosevelt Road, east of Naperville Road, provides excellent visibility and accessibility. The building is less than a mile from downtown Wheaton, Metra train stations, and Wheaton College, ensuring convenient commuting for employees and clients. Furthermore, it's approximately two miles from popular local attractions such as Cosley Zoo, the Wheaton Sport Center, the DuPage County Courthouse and Government Complex, and the DuPage Fairgrounds. The high traffic volume on Roosevelt Road (33,500 vehicles per day) and Naperville Road (17,100 vehicles per day) guarantees significant exposure for your business. This is a rare opportunity to secure prime office space in a thriving and well-connected community. Inquire today to learn more about leasing options and secure your ideal workspace.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,120,000
      ML approach
      $2,005,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,315,000
      Market price range: $1.31M - $3.29M
      AI Estimate
      $1,911,000
      Market price range: $1.01M - $2.67M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,125,000
      Current use
      MEDICAL BUILDING
      $2,995,000
      Change: +41% Conversion: Easy
      RETAIL STORES
      $2,865,000
      Change: +35% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,790,000
      Change: +31% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Wheaton
    County
    Dupage
    State
    Illinois
    Longitude
    -88.1005
    Latitude
    41.8584
    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
    $34,275
    $227,010
    $280,170
    $507,180
    -
    $681,030
    $840,510
    $1,521,540
    View Listing
    More about this property
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