520 W Roosevelt Road, Wheaton, IL 60187
- 6,312 sqft
Commercial Property
Built in 1986
9,583sqft lot
—— car garage
$119/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Whittier Elementary School
218 W Park Ave, Wheaton, IL, 60189
Grades KG-5
0.28 miles away
Edison Middle School
1125 S Wheaton Ave, Wheaton, IL, 60189
Grades 6-8
0.44 miles away
Wheaton North High School
701 W Thomas Rd, Wheaton, IL, 60187
Grades 9-12
1.75 miles away