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listing
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CommercialFor Sale
$749,000
520 W Roosevelt Road
Wheaton, IL 60187
Courtesy of Limra Realty
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
6,312Sq Ft
Est. Mortgage
$3,966/mo

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

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