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1403-1425 N Main St
Wheaton, IL 60187 Glen Ellyn to West Chicago Corridor

$5,500,000 USD

General Retail For Sale  •  17,965 SF

Property Details

  • Property Type General Retail
  • Total Building Size 17,965 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning C3/R6
19 Transit Score
60 Walk Score

Highlights

100% occupied masonry retail strip sited at an optimal elevation overlooking Main Street in Wheaton, IL
All leases feature annual rent increases, providing steady NOI growth over time
Positioned at a signalized intersection with multiple points of ingress and egress
Recent multi-million dollar building renovation that provided new services, updated sidewalks and building façade
Flagship location and the starting place of Wheaton’s 4th of July parade, guaranteeing continued exposure for the tenants
Less than 1-mile from Wheaton College | Main Street is the primary artery leading to downtown Wheaton

Property Flyers

Cap Rate: 7.00 %

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Wheaton Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.3 mi
College Avenue Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.7 mi
AirportDriveWalkDistance
Chicago O'Hare International 34 min - 21.0 mi
Chicago Midway International 41 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 82
Type: Surface
Included in Rent: Yes
Mitchell Kiven 312-624-7006 Marcus & Millichap
Mitchell Kiven 312-624-7006 Marcus & Millichap