416 S Wheaton Avenue, Wheaton, IL 60187

$325,000 Asking Price

3 beds
2 baths
1,404  sqft
Built in 1890

MULTIPLE OFFERS RECEIVED (See broker notes)! Welcome to this unique multi-unit property in the heart of Wheaton, offering a fantastic opportunity for investors or those looking to convert it into a stunning single-family home. Currently configured as a two-unit property, the main floor features 2 spacious bedrooms, a full bath, a cozy living room, a dining area, an enclosed front porch, a back deck, and a well-equipped kitchen. The main floor unit is occupied by a long-term tenant who is now on a month-to-month lease, providing flexibility for future plans. The upstairs unit, which is currently unoccupied, boasts 1 bedroom, a full bath, a comfortable living room, and a kitchen, ready for immediate use or potential remodeling. The property includes an unfinished basement with laundry facilities and ample storage space, adding to the convenience and functionality of the home. Additionally, the property offers alleyway access to 5 parking spaces, three of which are single-car garages located directly behind the property. The home is situated in a prime location with great schools and a short walk to downtown Wheaton, the train station, shops, and restaurants. With immense value and significant upside potential, this property is a perfect candidate for updates and customization to make it anything you want it to be. Don't miss out on this incredible opportunity in a highly sought-after area of Wheaton. Schedule your showing today and begin the possibilities! This property won't last long-act fast!


Features & Amenities

Interior

Rooms:
Kitchen, Enclosed Porch
Appliances:
Range, Microwave, Refrigerator, Washer, Dryer
Basement:
Full
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Aluminum Siding, Shed(s)
Parking:
Garage, Parking spaces: 3

Construction

General:
2 Stories

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
200
County:
DuPage

Lot

Zoning:
0516327013

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5%-$495

This listing courtesy of:
Berkshire Hathaway HomeServices Chicago, Raul Delgado

About Wheaton, IL

Housing

Number of Units
21,794
Median Home Value
$386,669
Median Rent
$1,383

23.56% of housing units are renter occupied.

4.69% are vacant.

Commute

Car
45.85%
Public Transportation
4.87%
Walk to Work
2.57%
Work from Home
45.85%
Other
0.58%

The median travel time to work is 16 minutes.

People

Population
57,217
Median Age
39.50
Median Household Size
2.78

Education

High School
10.45%
Associate’s Degree
6.49%
Bachelor’s Degree
36.53%
Graduate Degree
28.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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