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422 W Wesley St, Wheaton, IL 60187 422 W Wesley St 1,605 SF 50% Leased Office Building Wheaton, IL 60187 $496,538 CAD ($309.37 CAD/SF) 2.52% Cap Rate
Investment Highlights
- Lots of foot traffic
- Exposed brick with ivy
- Located in downtown area
Executive Summary
Prime opportunity to own a charming and character-filled office building in a highly desirable Wheaton location. This well-maintained property showcases gorgeous original woodwork, stained glass doors, and a welcoming entry with a classic wood staircase leading to the second level. The building features both lower and upper-level office spaces with shared common amenities including a conference area, waiting area and restroom. On-site parking is available. With its functional layout, desirable location, and proximity to the Metra train, public transportation and downtown amenities, this property presents a great opportunity for an owner-user or investor seeking office space in a strong suburban market. 24 Hour Notice required for all showings.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,605 SF
Year Built/Renovated
1906/2015
Price
$496,538 CAD
Price Per SF
$309.37 CAD
Cap Rate
2.52%
NOI
$12,496 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
803 SF
Building FAR
0.18
Lot Size
0.20 AC
Zoning
C - Commercial
Parking
5 Spaces (3.12 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Carlo D'Agostino
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Carlo D'Agostino | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 05-17-404-004 | Total Assessment | $219,597 CAD (2024) |
| Land Assessment | $94,756 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $124,841 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
05-17-404-004
Land Assessment
$94,756 CAD (2024)
Improvements Assessment
$124,841 CAD (2024)
Total Assessment
$219,597 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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422 W Wesley St, Wheaton, IL 60187 | 422 W Wesley St
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