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    OFF-MARKET
    Office buildings

    520 Roosevelt Rd, Wheaton, IL 60187-2331

    4,737 SF 0.22 ac lot Built 1986
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-2631866
    Property summary
    AI-generated overview

    This exceptional free-standing office building at 520 W Roosevelt Road in Wheaton, IL presents a compelling investment opportunity for both owner-occupiers and investors. Boasting 6,312 square feet on a 0.22-acre lot, this property enjoys a highly desirable location within walking distance of the Metra station and Wheaton's downtown area. The building is in excellent condition, having undergone recent updates within the past year, including a new deck and railing, and a complete exterior repainting. The interior offers ample space for various office and administrative uses, along with substantial storage areas. The property includes nine individual units, plus a garden unit that can be easily subdivided into three separate units, providing significant flexibility and potential rental income. Abundant exterior parking is available for tenants and visitors. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving community. The motivated seller is eager to find the right buyer. The asking price is $650,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 4,737 SF
    Lot 0.22 ac (9,757 SF)
    Zoning code C
    APN 05-20-205-048
    UPID US28-2631866
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hegemony Inc (Bike/Boat/Book/etc) Store Corporate Office
    • Hirsch Law Group Law Firm
    • The Compass Church - Wheaton Campus Church
    • Baker Chiropractic & Acupuncture Clinic Medical Clinic Alternative Medicine Practice
    • Nancy Baker, DC Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Iss 1009 LLC · 4 yrs held
    Iss 1009 LLC
    since 2022
    Last sale
    $290,000
    4 recorded transactions
    2022
    $290,000
    2013
    2000
    $637,500
    1969
    Zoning & alternative use
    C · Wheaton, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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