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420 S Main St 2,000 SF Retail Building Wheaton, IL 60187 $1,400,000 ($700/SF)
Investment Highlights
- Front & Center Location~ 143.7' x 132' ~Downtown Wheaton
- Price Includes Neighboring Property~ Perfect for Future Expansion or Rental Income
- Large Corner Lot Across From Central Park
Executive Summary
Turnkey Automotive Site with C-4 Flexibility in Heart of Downtown WheatonEstablish or expand your business front and center in the vibrant heart of downtown Wheaton. Currently operating as an active auto repair shop, this property presents a rare turn-key opportunity to utilize an established, highly visible downtown footprint. The robust building features three commercial service bays and ample on-site customer parking, a premium commodity in the central business district perimeter.Enhancing this unique offering is the inclusion of the neighboring property to the west, granting the buyer immediate options for future business expansion or secondary rental income. Peace of mind comes standard with a clean environmental profile, backed by a No Further Remediation (NFR) letter and confirmation of no underground tanks on site. Investors and operators alike will appreciate the protective value of the flexible C-4 zoning, ensuring strong long-term land residual value for eventual mixed-use, retail, or multi-family redevelopment. Please note: This sale is for the real estate only and does not include the existing business entity or shop equipment.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
C
Year Built
1960
Price
$1,400,000
Price Per SF
$700
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.22 AC
Zoning
C4 - In Wheaton, IL, the C-4 CBD Perimeter Commercial District is designed to allow the use of residential structures for limited, low-intensity commercial
Frontage
143’ on Main Street
Amenities
- Corner Lot
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-16-329-019 | Total Assessment | $82,371 (2024) |
| Land Assessment | $73,126 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $9,245 (2024) | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
05-16-329-019
Land Assessment
$73,126 (2024)
Improvements Assessment
$9,245 (2024)
Total Assessment
$82,371 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
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Contact the Sale Advisor
420 S Main St