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1500 N Main St
Wheaton, IL 60187
Retail Property For Sale
Investment Highlights
- RETAIL VISIBILITY AND STOPLIGHT ENTRANCE ON EXTRA LARGE SITE
- 93 PARKING SPACES
- POTENTIAL REDEVELOPMENT OPPORTUNITY
- 12,658 SF 2-STORY OFFICE BUILDING AVAILABLE
- PERFECT FOR OFFICE, MEDICAL, RETAIL, FINANCIAL SERVICES USE
Executive Summary
1500 Main Street in Wheaton, Illinois presents a compelling opportunity to acquire a 12,658 SF, two-story office building situated on an extra-large 2.21-acre site with excellent retail visibility and a signalized entrance along Main Street. Built in 1988 and zoned C-3, the property offers flexibility for a variety of uses including office, medical, retail, or financial services, as well as potential redevelopment. The site features 93 parking spaces, is currently 33% occupied, and benefits from its location in DuPage County. The property is offered at an asking price of $1,550,000, with annual real estate taxes of approximately $61,305 ($4.84 PSF, 2024 payable in 2025), making it an attractive value-add or repositioning opportunity in a strong suburban Chicago market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
13,572 SF
Building Class
B
Year Built
1988
Price
$2,146,734 CAD
Price Per SF
$158.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
2.20 AC
Zoning
V
Parking
93 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
358’ on Main St
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $790,651 CAD | |
| Land Assessment | $526,735 CAD | Total Assessment | $1,317,386 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$526,735 CAD
Improvements Assessment
$790,651 CAD
Total Assessment
$1,317,386 CAD
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