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Property profile & analytics
OFF-MARKET Estimated value $3,640,000
Warehouses

929 Childs St Wheaton, IL 60187-4812

48,960 SF 4.01 ac lot Built 1958
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US28-3346189
Property summary
AI-generated overview

This exceptional Wheaton, IL business opportunity encompasses a substantial 4.01-acre parcel, featuring a meticulously maintained brick industrial building totaling 48,030 square feet. The property boasts a striking blend of modern office space and ample warehouse facilities, perfectly suited for a variety of businesses. The expansive warehouse area, exceeding 18,000 square feet, offers four 13-foot drive-in doors and impressive ceiling heights ranging from 13 feet to 15 feet 11.5 inches, supported by bar joists. This provides significant storage capacity and convenient access for loading and unloading. Adjacent to the warehouse is a tastefully updated 29,367 square foot, two-story office space. Completely renovated in 2019, this area features brand new walls, brickwork, flooring, doors, and bathroom fixtures. The comprehensive 2019 renovation also included the installation of entirely new HVAC, plumbing, and electrical systems, ensuring peak efficiency and modern functionality. The property's M-1 zoning provides flexibility for a range of commercial uses. Its convenient location near downtown Wheaton, with easy access to Roosevelt Road, offers excellent visibility and accessibility. Currently owner-occupied, the property will be delivered vacant upon closing, presenting a turnkey opportunity for the discerning buyer. Ample outdoor space provides extensive parking and storage options.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 48,960 SF
Lot 4.01 ac (174,676 SF)
Zoning code C
APN 05-17-409-001
UPID US28-3346189
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
  • Mobile Tinters Auto Repair Shop
  • American cable and telephone Hardware & Home Improvement HVAC Service
  • SimpleConnect Telecommunications Service Data Center
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.94M
Comparable Approach Comparable
$3.76M
Blend (final) Blend
$3.64M
Owner & transaction history
Gemharbor Realty LLC
Gemharbor Realty LLC
since 2025
6 recorded transactions
2026
Price N/A
2025
$4.5M
2025
Price N/A
2020
Price N/A
2019
$1.4M
1969
Price N/A
Zoning & alternative use
C · Wheaton, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $5.7M +11.8%
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