This exceptional Wheaton, IL business opportunity encompasses a substantial 4.01-acre parcel, featuring a meticulously maintained brick industrial building totaling 48,030 square feet. The property boasts a striking blend of modern office space and ample warehouse facilities, perfectly suited for a variety of businesses. The expansive warehouse area, exceeding 18,000 square feet, offers four 13-foot drive-in doors and impressive ceiling heights ranging from 13 feet to 15 feet 11.5 inches, supported by bar joists. This provides significant storage capacity and convenient access for loading and unloading. Adjacent to the warehouse is a tastefully updated 29,367 square foot, two-story office space. Completely renovated in 2019, this area features brand new walls, brickwork, flooring, doors, and bathroom fixtures. The comprehensive 2019 renovation also included the installation of entirely new HVAC, plumbing, and electrical systems, ensuring peak efficiency and modern functionality. The property's M-1 zoning provides flexibility for a range of commercial uses. Its convenient location near downtown Wheaton, with easy access to Roosevelt Road, offers excellent visibility and accessibility. Currently owner-occupied, the property will be delivered vacant upon closing, presenting a turnkey opportunity for the discerning buyer. Ample outdoor space provides extensive parking and storage options.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$10,118,754
Hospitality
$9,268,724
Educational
$7,711,470
Medical
$7,976,679
Retail
$11,995,619
Location Insight
City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8628
Longitude
-88.1202
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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