Price
$ 565,500
1407 East Roosevelt Road, Wheaton, IL 60187  
  • 7 beds
  • 4 baths

1407 East Roosevelt Road, Wheaton, IL 60187  

NEWLY UPDATED FRONT AND REAR ENTRANCES WITH BRAND NEW CARPET, VINYL FLOORING AND FRESH PAINT. Great investment in a great area. Completely occupied with a 7.8 cap rate. Never worry about occupancy just put a sign on Roosevelt and have a tenant immediately. 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. Conveniently located to all shopping, downtown Wheaton, Metra commuter train, bus stop in front and Wheaton College. 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. Building is being sold as-is.

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  • Listing Type Multi-Family
  • Listing ID 09469250
  • Bedrooms 7
  • Bathrooms 4
  • Lot Size 60X142
  • Listing Status Active
  • Year Built 1970
  • County Dupage
  • Units 4
  • Garage 7.0
  • Rooms 15.0
  • County School District Elem:LOWELL ELEMENTARY SCHOOL/Midl:HUBBL
  • School District 1 LOWELL ELEMENTARY SCHOOL
  • School District 2 HUBBLE MIDDLE SCHOOL
  • School District 3 WHEATON NORTH HIGH SCHOOL
  • Zoning COMMR
  • Taxes 6995.0
  • TaxID 0515326021
  • TaxYear 2016
Listing courtesy of Coldwell Banker Residential

Price History

Date Listed at or
7/27/2017 $565,500 $4,150
5/8/2017 $569,650 $100
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