1776 Naperville RdWheaton, IL 60189

  • Office properties
  • 2,291 SF
For Sale
$211,530 View listing

Property Details for 1776 Naperville Rd

Year built
1989
Lot size
3.39 AC
Property size (Sq ft)
2,291 SF
Zone code
C
Property type
Office properties
APN
05-28-113-025
APU
528113025

Description

This exceptional 4,356-square-foot office space is ideally situated in the Danada West Professional Center, Building A, at 1776 S. Naperville Rd., Wheaton, IL 60189. This first-floor corner unit offers a versatile layout perfect for owner-users. The space is currently configured with a reception/waiting area, ten private offices, a general office area, a conference room, a lunchroom, an IT room, and a file room. It can also be divided into two separate units: 2,011 square feet (Unit 104A) and 2,345 square feet (Unit 106A), offering flexibility for various business needs. The asking price for the combined units (104A & 106A) is $675,000, with individual unit pricing also available. The building itself is a well-maintained, two-story brick and reflective glass structure encompassing 28,000 square feet. Amenities include a glass entrance lobby, elevator, camera security, time lock entrances, basement storage, ample parking with reserved spaces, and ADA compliance. Its prime location on the west side of S. Naperville Road, midway between Roosevelt Road (Rt. 38) and Butterfield Road (Rt. 56), offers easy access to major roadways including Route 38, Route 56, I-355, and I-88 Tollway exchanges. Nearby amenities include Seven Gables Park, Planet Fitness, and numerous shopping centers, restaurants, and banks. This presents a unique opportunity to acquire a well-appointed office space in a highly desirable and convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $413,667
    6.5%
    $381,847
    7%
    $354,572
  • Comparable approach

    Method
    Valuation
    Relative Method
    $232,590
    Geo Method
    $298,403
  • Alternative Use

    Use
    Valuation
    Residential
    $473,490
    Hospitality
    $433,714
    Educational
    $360,845
    Medical
    $373,255
    Retail
    $561,315

Location Insight

City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8381
Longitude
-88.1026
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,024
$23,050
$66,090
$89,140
-
$69,150
$198,270
$267,420

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