Introducing a Fantastic Investment Opportunity for a 1031, long term hold or Owner occupant, all in a Charming Neighborhood. This property practically guarantees immediate tenant occupancy. This four-unit building showcases generously proportioned apartments. One of these units comprises 1 bedroom and 1 bathroom, while the remaining three units each offer 2 bedrooms and 1 bathroom. Notably, two of the two-bedroom units have recently undergone extensive kitchen and bathroom renovations. All 4 units are leased. This property boasts a prime location, providing convenient access to shopping, downtown Wheaton, the Metra commuter train, a bus stop conveniently located right in front, and proximity to Wheaton College. Maintenance is a breeze, thanks to the solid all-brick construction, updated windows, and doors throughout. Each unit is equipped with gas cooking facilities and features balconies for the top two apartments. Electric meters are individually metered for each unit, and there is a shared laundry facility for added convenience. Tenants are responsible for their own electric expenses, and ample parking is available. While the building is in excellent condition, it is being offered for sale AS-IS, ensuring a hassle-free transaction.
Closed
$651,000
1407 E Roosevelt Rd, Wheaton, IL 60187
7beds
--sqft
Multi Family
Built in 1970
-- sqft lot
$752,100 Zestimate®
$--/sqft
$1,577 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 01, 2023 at 09:20am
Listing courtesy of:
Lance Kammes 630-667-3333,
RE/MAX Suburban
Bought with:
Katerina Pavlova
REMAX Legends
Source: MRED as distributed by MLS GRID,MLS#: 11895101

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 7
- Parking features: Unassigned, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
Lot
- Size: 8,520 sqft
- Dimensions: 60X142
Details
- Parcel number: 0515326021
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1970
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Wheaton
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$752,100
2% more+ $15,042
With Zillow Showcase(estimated)
$767,142