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1407 E Roosevelt Rd
Wheaton, IL 60187
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,284 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 0.93/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | Commercial | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,284 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Tile Floors
- Refrigerator
SITE AMENITIES
- Laundry Facilities
- Public Transportation
ABOUT 1407 E ROOSEVELT RD , WHEATON, IL 60187
FRESHLY UPDATED FRONT AND REAR ENTRANCES WITH BRAND NEW CARPET, VINYL FLOORING AND PAINT. 4 units. 1 unit 1 bedroom 1 bath. 3 units 2 bedrooms 1 bath and all could use some updating because all of the kitchens and baths are original to the building. Great maintenance free all brick building. Updated windows, Doors, Newer roof, newer Boiler, Water Heater, All units gas cooking and features balconies for two top Apartments. All units are separate electric meters. There is common paid laundry. Tenant pays electric only. Great investment in a great area, fully occupied. Never worry about occupancy just put a sign on Roosevelt and have a new tenant immediately. Conveniently located to all shopping, downtown Wheaton, Metra commuter train, bus stop in front and Wheaton College. On first showings exterior of the building, laundry room, mechanical room, interior front and rear hallways only will be shown. If client is interested we will show interior unit to qualified buyers only so please make sure your client has a pre-approval in place. No sign at building. Great Investment 7.8 cap rate. Contact listing agent for showings. Need atleast 48 hour notice to show. Driveway will have to be repaved at some point, kitchen and baths could be updated. Building is being sold as-as.
PROPERTY TAXES
| Parcel Number | 05-15-326-021 | Improvements Assessment | $162,895 |
| Land Assessment | $27,931 | Total Assessment | $190,826 |
PROPERTY TAXES
