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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$300,000

Est. payment - /mo

4 Beds

2 Baths

8,276 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12772014

Bedrooms 4

Year Built 1887

Annual Tax Amount $5,285

Tax Year 2025

Lot Size 8,276 Sqft

Lot Dimensions 51x158x49x169

Property Sub-Type Two to Four Units

Property Description

Excellent Wheaton redevelopment opportunity near downtown, the train station, and Wheaton College. Zoned R-5 Residential, which allows multi-unit development or a single-family home. The existing building is in poor condition and is currently rented as private rooms on a month-to-month basis. The rear/south portion of the lot is within a floodplain, but has ample area to place a new building outside the floodplain. A conceptual site plan is available showing a potential two-unit, two-story building with five parking spaces. The buyer must independently verify zoning, permitted uses, floodplain boundaries, and development feasibility with the City of Wheaton.

Location

State IL

County Dupage

Area Wheaton

Zoning MULTI

Rooms

Basement Cellar, Full

Interior

Heating Forced Air

Fireplace N

Exterior

Community Features Park, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Frame

New Construction false

Schools

Elementary Schools Lowell Elementary School

Middle Schools Franklin Middle School

High Schools Wheaton North High School

School District 200 , 200, 200

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Tom George of Discover Real Estate

NEARBY SCHOOLS & PROPERTIES

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor License ID: 471.001732

416 Crescent ST Wheaton, IL 60187

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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416 Crescent ST