721 E Roosevelt Road Wheaton, IL ^$ 395,000

721 E Roosevelt Road

^$ 395,000

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721 E Roosevelt Road

Wheaton, IL, 60187

^$ 395,000

Studio Baths0.0 Sq 1,676

Monthly Estimate*

^$ 2,759

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Studio

Commercial Property for sale in Wheaton, IL

for $395,000. This 1,676 square foot building was built in 1955 on a lot size of 0.22.

Welcome to 721 E Roosevelt Rd., a standout commercial property offering a blend of modern functionality and excellent visibility in the vibrant Wheaton area. This prime real estate is currently configured as a fully operational doctor's office and is ready to facilitate the needs of a range of professional businesses, including dental, legal, insurance or various other professional organizations. Great investment property suitable for both the hands off investor and for an owner occupant who wants income and the opportunity to grow in the future. Located in close proximity to major transportation arteries and the bustling downtowns of Wheaton and Glen Ellyn with their excellent restaurants and shopping districts. Currently, there is 1 office available for a small user. Please view additional information link for list of Property Highlights.

Commercial Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,183

Style

Commercial

Lot Size

0.22

Year Built

1955

Town/City

Wheaton

County/Region

DuPage

MLS | Web ID

11939907

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Community Water to Site

Possession Closing

Roof Composition

Zoning OFFIC

Construction Materials Brick

Year Built 1955

Electric Circuit Breakers Service - 101 to 200 Amps

Tenant Pays Other Varies by Tenant

Stories 1

Township Milton

Property SubType Medical Office

Tax Year 2022

Current Use Commercial

Gross Income 4150

County DuPage

Net Operating Income 32437

Operating Expense 5200

Property Type Commercial Sale Office/Tech

Possible Use Commercial

Status Active

Directions On the north side of Roosevelt Road between Chase and President. Just west of Autozone and Seven Dwarfs Restaurant and just east of DuPage Housing office building.

City Wheaton

Total Units 5

MLS Area Wheaton

Lot Size Square Feet 9408

Street Name Roosevelt

Tax Annual Amount 7183

Additional Parcels Y/N N

Leasable Area 700

Days on Market 168

Lease Type Gross

Standard Status Active

Total Actual Rent 1200

Interior

Flooring Carpet

Street Suffix Road

Exterior

Foundation Details Concrete Perimeter

Building Area Total 1676

Lot Dimensions 56 X 168

Lot Size Acres 0.22

Frontage Type City Street State Road

Exterior Brick

* Excluded Features

List By

Re/Max Action

Broker

j.gillespie127@gmail.com

Affordability Calculator

$3,358

Per Month

Monthly Principal & Interest: $2,759
Monthly Property Taxes: $599
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wheaton, IL

Average List Price ^$2,346,969

Percent of Sale Price 494%

About Wheaton, IL

54,196 Population

-1% Since 2002

^$93,100 Median Income

38.82 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2023	$395,000		Listed Price

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721 E Roosevelt Road, Wheaton, IL, 60187 is a Commercial Property for sale at $395,000 with 1,676 sqft and a lot size of 0.22. 721 E Roosevelt Road is a studio with 0.0 baths and was built in 1955. The property's zip code is 60187 which is in Wheaton, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/17/2024.

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721 E Roosevelt Road

Commercial Property for sale in Wheaton, IL

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