Wheaton, IL Residential Income Properties for Sale

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Updated: Aug 22, 2025

Updated Condo in Wheaton

850 Lorraine Road #2M, Wheaton, IL 60187

$215,000

1,100 sqft

Wheaton School District 200
Updated 2‑Bedroom, 2‑Bath Condo
Large Eat‑In Kitchen with Wood Cabinets, Corian Countertops, and Stainless Steel Appliances
Primary Bedroom with Three Large Custom Closets and Private Bathroom
Includes Garage Space and Exterior Parking Space

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This listing looks promising.

Here's a quick look at some key insights for

850 Lorraine Road #2M, Wheaton, IL 60187,

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Est. Cap Rate

5.9%
Above avg (5.9%)
Est. NOI

$13K
Annual
Price @ 7% Cap

$182K
Suggested

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Updated: Aug 13

Rehabilitated Duplex with Garden Unit

118 N President Street, Wheaton, IL 60187

$765,000

0.19 AC lot

Two‑story duplex with a 4‑bedroom apartment and a 1‑bedroom, 1‑bath garden‑level unit
2026 rehabilitation included kitchen, baths, plumbing, electrical, insulation, floors, roof, windows, and sewer line
Separate entrances, kitchens, and laundry areas for both apartments
R‑5 zoning on a 0.19‑acre lot at 118 N President Street, Wheaton, IL 60187
Covered front porch, deck, backyard, and 2.5‑car garage

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Remodeled Multifamily on Corner Lot

323 S Hale Street, Wheaton, IL 60187

$600,000

0.16 AC lot

Remodeled C-4 corner property with flexible layout, private entrances, and ten parking spaces for residential or mixed-use uses.

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Remodeled Corner Mixed-Use Property

323 S Hale Street, Wheaton, IL 60187

$600,000

0.16 AC lot

Corner lot with ten parking spaces, dual HVAC, central air, and flexible interior access for mixed-use or multi-unit living.

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Downtown Apartment Building Opportunity

403-410 Delles, Wheaton, IL 60187

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24,650 sqft

Fully leased 20-unit, two-story multifamily property with assigned parking and three-bedroom, two-bath apartments.

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Rehabilitated Duplex Near Wheaton College

118 N President Street, Wheaton, IL 60187

$765,000

Two separate apartments offer individual entrances, kitchens, laundry areas, and flexible occupancy options.

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Two-Building Multifamily Investment

921 College Avenue, Wheaton, IL 60187

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11,150 sqft

Two well-maintained multifamily buildings offer nine total units, including eight two-bedroom apartments and one renovated three-bedroom unit.

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Remodeled Corner Duplex with Parking

323 S Hale Street, Wheaton, IL 60187

$600,000

Remodeled duplex on a corner lot with separate entrances, multiple bedroom options, and 10 parking spaces.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 8 Active listings in Wheaton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Professional Building

330 E Roosevelt Rd, Lombard, IL 60148

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24,805 sqft 1.22 AC lot

Mixed-use professional building with 20 commercial units, eight residential units, and a billboard lease on a 1.22-acre parcel.

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Remodeled Two-Unit Duplex

1210 S Lloyd Avenue, Lombard, IL 60148

$720,000

0.48 AC lot

Remodeled two-unit duplex with separate electrical panels and climate systems for each unit plus a shared laundry room.

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Ranch Home on Acreage

325 Lambert Road, Glen Ellyn, IL 60137

$500,000

1.52 AC lot

All-brick and stone ranch on a 1.5+ acre parcel with fenced yard, patio, and full basement.

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Mostly Renovated Apartment Building

11 Briar Street, Glen Ellyn, IL 60137

Contact for pricing

132,010 sqft

Well-maintained 180-unit multifamily property with numerous capital improvements and mostly renovated interiors.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in North Wheaton

114 W Prairie Avenue, Wheaton, IL 60187

$419,900

0.24 AC lot

Prime lot in desirable location near schools and downtown.

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Glen Ellyn Building Opportunity

225 Lorraine Street, Glen Ellyn, IL 60137

$550,000

0.54 AC lot

Rare, build-ready lot in a sought-after Glen Ellyn location.

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Wheaton Land Near Prairie Path

1028 Lodalia Court, Wheaton, IL 60189

$415,000

0.29 AC lot

0.29-acre lot in South Wheaton backing to Illinois Prairie Path.

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Residential Land Near Downtown Lisle

Rt 53 and Ogden Avenue lot: 11 And 12, Lisle, IL 60532

$35,000

0.40 AC lot

Wooded residential land near downtown Lisle and Metra station.

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Off-Market Properties in Wheaton, IL

Consider similar Off-Market properties in Wheaton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

155 Page St, Wheaton, IL 60190

Value Estimation by Request

1.11 AC lot

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Residential income properties

1725 Naperville Rd, Wheaton, IL 60189

Value Estimation by Request

28,000 sqft

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Wheaton, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Wheaton, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 36,900 square feet of properties for sale, with an estimated market value of $3,545,000.

Sale prices for residential income properties in Wheaton, IL start at $215,000, averaging $590,833, and reaching up to $765,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 60K

Population Growth (5Y) -0.7%

Median Household Income $122,065

College Educated 90.7%

High-Yield Neighborhoods for Investment

Identify Wheaton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60187	$503.8K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DuPage County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Wheaton fall within the 100,000+ square foot range.

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