1. Illinois
  2. Wheaton
  3. 520 W Roosevelt Road
$749,000

520 W Roosevelt Road, Wheaton, IL 60187

  • 6,312 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Property Overview: An outstanding opportunity to own a beautifully renovated, versatile property in Wheaton's Roosevelt Road Corridor. Zoned R-R-1, this building offers flexibility for both residential and commercial use, making it perfect for investors, owner-occupants, or business owners. The current owner originally planned to occupy the building for his own business, but due to a change in business direction, is now offering the property for sale. As a result, the building has never been fully leased out - a blank slate ready for the next owner's vision. --- Over $150,000 in Recent Renovations and Enhancements: Exterior & Curb Appeal Full professional exterior repair and repaint (completed within 2 years) Rebuilt deck and railing system Large private lot with 23 striped parking spaces Excellent exposure with 31,300+ Vehicles Per Day (VPD) on Roosevelt Rd Interior - Modern & Move-In Ready Fully finished basement with 5 private rooms (each with ceiling fans) - ideal for rental, offices, or flexible use All bathrooms and hallways updated with high-quality finishes Brand new 20-foot crystal chandelier installed in central common area Basement comes fully furnished, ready for immediate occupancy Mechanical Systems Three brand-new furnaces installed for efficient climate control New high-capacity water heater Updated HVAC and plumbing for peace of mind Zoning & Use Potential Zoned R-R-1 - Residential or Commercial Use Permitted Ideal for: professional offices, salon, medical practice, short-term rental, student housing, or live/work Walking distance to downtown Wheaton, Metra station, retail, and restaurants --- Why This Property Stands Out: $150K+ invested in upgrades within the last year Never leased - no inherited tenants or wear Flexible dual-use zoning (R-R-1) Turnkey condition with low maintenance Highly visible, high-traffic location Motivated Seller - Ready to Move On

Listing Status:
Active
Listing Office:
Limra Realty : 847-293-3904
Listing Agent:
Syed Ahmed : 847-293-3904
MLS ID:
12380041
  • A/C: Central Air

This listing courtesy of Syed Ahmed, Limra Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Whittier Elementary School

218 W Park Ave, Wheaton, IL, 60189

Grades KG-5

0.28 miles away

E

Edison Middle School

1125 S Wheaton Ave, Wheaton, IL, 60189

Grades 6-8

0.44 miles away

W

Wheaton North High School

701 W Thomas Rd, Wheaton, IL, 60187

Grades 9-12

1.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.