221 W. Illinois | 221 W Illinois St
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221 W. Illinois 221 W Illinois St
4,000 SF Office Building Wheaton, IL 60187 $599,900 ($150/SF)
Investment Highlights
- EXCELLENT LOCATION IN DOWNTOWN WHEATON -WALK TO RESTAURANTS , SHOPS & METRA TRAIN
- OPEN OFFICE PLAN, EXECUTIVE OFFICES, CONFERENCE ROOMS PLUS BASEMENT OFFICES
- 12 CAR PRIVATE PARKING
Executive Summary
Beautifully rehabbed two-story office building, with fully built-out basement with windows. The property features a traditional office layout, hardwood floors, gas fireplace with 10' ceiling heights and a recent seal-coated and striped 12-car private parking lot.
Additional updates to the building include newer HVAC units and double-pane casement windows with screens. The property is located in the downtown Wheaton business district and is just steps from a plethora of businesses, restaurants and entertainment.
Additional updates to the building include newer HVAC units and double-pane casement windows with screens. The property is located in the downtown Wheaton business district and is just steps from a plethora of businesses, restaurants and entertainment.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$11,722
|
$2.93
|
| Operating Expenses |
$12,000
|
$3.00
|
| Total Expenses |
$23,722
|
$5.93
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $11,722 |
| Annual Per SF | $2.93 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $3.00 |
| Total Expenses | |
|---|---|
| Annual | $23,722 |
| Annual Per SF | $5.93 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
1910
Price
$599,900
Price Per SF
$150
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,000 SF
Slab To Slab
10’
Building FAR
0.38
Lot Size
0.24 AC
Zoning
C-4, Wheaton - 19 - C-4 CBD Perimeter Commercial District (PDF)
Parking
12 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Commuter Rail
- Conferencing Facility
- Fireplace
- Storage Space
- Basement
- Central Heating
- High Ceilings
- Open-Plan
- Partitioned Offices
- Hardwood Floors
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Full 2-story availability.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 4,000 SF | Office | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 4,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Full 2-story availability.
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 05-16-322-016 | Total Assessment | $173,450 |
| Land Assessment | $72,660 | Annual Taxes | $11,722 ($2.93/SF) |
| Improvements Assessment | $100,790 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
05-16-322-016
Land Assessment
$72,660
Improvements Assessment
$100,790
Total Assessment
$173,450
Annual Taxes
$11,722 ($2.93/SF)
Tax Year
2023 Payable 2024
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221 W. Illinois | 221 W Illinois St
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