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Retail/Office Building 1901 N Gary Ave 8,023 SF Retail Building Wheaton, IL 60187 For Sale
Investment Highlights
- Perfect owner/user building
- High-end finishes through-out
- Drive through behind building
- Ideal for retail, office, medical or other use
- Elevator access to lower level
- Recent capital improvements - HVAC, LED lighting, sump pumps and EV charger
Executive Summary
Prime Commercial Building Ideal for Retail, Office, or Medical Use
This meticulously maintained 8,023 SF (Total Gross Area) single-story commercial building with a finished lower level offers a high-quality space designed to accommodate a wide range of uses*, including retail, office, medical office, and other professional services. Built in 2007 and set on a 1.1-acre site within the attractive Wheaton North Commons development, the property combines easy customer access, exceptional flexibility, and a high-end build-out.
The main level features 4,125 SF (Gross Area) of open and private space, while the 3,898 SF (Gross Area) lower level—accessible via elevator—includes a break room, restrooms,
studio, and storage areas. Building and monument signage provide excellent visibility along Gary Avenue, and 30 on-site parking spaces are available, with additional capacity in the former drive-through area.
The covered drive-through structure offers unique adaptability—perfect for reactivating drive-through services, converting to outdoor seating, expanding parking, or enclosing for additional building footprint. All suggested uses remain subject to any restrictions or required approvals under applicable code or association/PUD restrictions. A covered EV charging station is also installed in a drive-through lane for convenience.
Recent capital improvements include updated LED lighting (2018-2021), high-end HVAC system replacement (2021), and a full sump pump replacement (2024), providing a
property that is move-in-ready condition. Association-managed services such as landscaping, snow removal, and parking lot maintenance allow owners to focus on their
business rather than building upkeep. Current owner/user open to consideration of a short-term sale-leaseback scenario that allows for additional timing flexibility for the buyer.
This property presents a rare opportunity to acquire a turnkey, versatile asset in a prime location.
*The building is subject to certain association, PUD, and special warranty deed use restrictions.
This meticulously maintained 8,023 SF (Total Gross Area) single-story commercial building with a finished lower level offers a high-quality space designed to accommodate a wide range of uses*, including retail, office, medical office, and other professional services. Built in 2007 and set on a 1.1-acre site within the attractive Wheaton North Commons development, the property combines easy customer access, exceptional flexibility, and a high-end build-out.
The main level features 4,125 SF (Gross Area) of open and private space, while the 3,898 SF (Gross Area) lower level—accessible via elevator—includes a break room, restrooms,
studio, and storage areas. Building and monument signage provide excellent visibility along Gary Avenue, and 30 on-site parking spaces are available, with additional capacity in the former drive-through area.
The covered drive-through structure offers unique adaptability—perfect for reactivating drive-through services, converting to outdoor seating, expanding parking, or enclosing for additional building footprint. All suggested uses remain subject to any restrictions or required approvals under applicable code or association/PUD restrictions. A covered EV charging station is also installed in a drive-through lane for convenience.
Recent capital improvements include updated LED lighting (2018-2021), high-end HVAC system replacement (2021), and a full sump pump replacement (2024), providing a
property that is move-in-ready condition. Association-managed services such as landscaping, snow removal, and parking lot maintenance allow owners to focus on their
business rather than building upkeep. Current owner/user open to consideration of a short-term sale-leaseback scenario that allows for additional timing flexibility for the buyer.
This property presents a rare opportunity to acquire a turnkey, versatile asset in a prime location.
*The building is subject to certain association, PUD, and special warranty deed use restrictions.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,023 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.10 AC
Zoning
C - C-5 Planned Commercial District
Parking
30 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
220’ on Gary Ave
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Car Charging Station
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-08-200-032 | Improvements Assessment | $76,135 (2024) |
| Land Assessment | $185,872 (2024) | Total Assessment | $262,007 (2024) |
Property Taxes
Parcel Number
05-08-200-032
Land Assessment
$185,872 (2024)
Improvements Assessment
$76,135 (2024)
Total Assessment
$262,007 (2024)
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Retail/Office Building | 1901 N Gary Ave
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