Commercial: MLS #12532236 Wheaton, IL ^$ 3,899,000

Commercial: MLS #12532236

^$ 3,899,000

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Commercial: MLS #12532236

Name: address
Address: IL, 60187

Wheaton, IL, 60187

^$ 3,899,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 24,007

Commercial Property for sale in Wheaton, IL

for $3,899,000. This building was built in 1961 on a lot size of 1.05101.

Front and center in the vibrant heart of downtown Wheaton, this exceptional 45,782 square foot property stands as a premier candidate for transformative redevelopment. Zoned C-4 (Central Business District Perimeter Commercial), it offers unparalleled flexibility for a wide array of uses, including multi-family residential, mixed-use developments, office spaces, retail destinations, or a dynamic combination thereof-perfectly suited to capitalize on Wheaton's thriving suburban charm and growing demand for walkable, live-work-play environments. Imagine your modern multi-family or mixed-use project rising here, where residents can step out their door into the lively pulse of downtown Wheaton.

Commercial Active

Price

^$ 3,899,000

Property Type

Commercial

Taxes

^$ 16,888

Style

Commercial

Lot Size

1.05101

Year Built

1961

Town/City

Wheaton

County/Region

DuPage

MLS | Web ID

12532236

Features

General

Cooling None

Utilities Electric to Site Natural Gas Available Sewer Connected

Zoning COMMR

Construction Materials Block

Year Built 1961

Electric Circuit Breakers

Stories Count 1

Township Milton

Tax Year 2024

Current Use Commercial

Gross Income 0

County DuPage

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions ***CONFIDENTIAL*** Potential redevelopment in downtown Wheaton. ***MAIN STREET LOCATION***

City Wheaton

Number Of Units Total 1

MLS Area Wheaton

Lot Size Square Feet 45782

Tax Annual Amount 16888

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Water Source Municipal Water

Lot Dimensions 45782

* Excluded Features

List By

Baird & Warner

Broker

neil.verhagen@bairdwarner.com

Affordability Calculator

$25,414

Per Month

Monthly Principal & Interest: $24,007
Monthly Property Taxes: $1,407
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$3,430,044

Percent of Sale Price 12%

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
12/12/2025	$3,899,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

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Data is updated as of 1/30/2026.

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Commercial: MLS #12532236

Commercial Property for sale in Wheaton, IL

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