Address
285 W Loop Road, Wheaton, IL
Price
$ 1,500,000
Property Attributes
- MLS#11793999
- TypeCommercial
- CountyDU PAGE
- CityWheaton
- AreaWheaton
- Zip60189
- Style
- Year Built2004
- Taxes$ 42486
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15120
- Lot Size0.78 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
For Sale or Lease-- Danada Square West hot location - walk to Chilis, Panda, Firestone, Party City, Jamba, FedEx, ATT, Jewel and so much more. Built in 2004 This is a high end constructed building. Masonry, Steel and Concrete throughout the entire building. 2 story elevator building with a full basement! Yes, a basement, and wait until you read more about it. This building was built for an online sales and marketing company that needed intense technology infrastructure for web and online sales and marketing. 285 Loop has that value-add built in. With its own controlled IT room that includes fiber optic/UBS System and more. From the top down you get 5 Private Offices, 2 Conference Rooms, IT Closet, Janitor Closet, Men's and Women's Washrooms, Large General Office Area. On the first floor you have the Lobby with Elevator, Reception Room, Conference Room, a Private Office, IT Room, 2 Large General Office Areas, Janitor Closet, Men's, and Women's Washrooms. And the Basement has a Lunchroom/Kitchen, 2 Washrooms and 2 showers, 2 Mechanical Rooms, Elevator Mechanical Room, and 2 large unfinished areas for storage. Totaling 15,120sf (a bargain at $119sf pricing) or 10,080sf on the 1st and 2nd floors. The current owners can vacate or stay at current market rates. There is 1 tenant in 1st fl east side with lease expiration on 12/1/25. Current owners do not want to be building owners. More building features: handicap accessible - backup generator - sprinklers throughout - lighted parking lot with 37 spaces - full shower - an exercise room in the basement - C5 planned commercial district - monument signage - On 3/4 Acre. Look for digital floor plans online. This is a lot to take in so just go see this great space! Also some lease space available at $12sf +cam
| Price History | |
|---|---|
| 5/28/2023 | Listed $2,000,000 |
| 7/25/2023 | 10% - $1,800,000 |
| 11/15/2023 | 6% - $1,700,000 |
| 1/27/2024 | 12% - $1,500,000 |
General Features
| Cooling | Central Air,Zoned,Ceiling Fan(s) |
|---|---|
| Possession | Closing |
| Zoning | COMMR |
| Construction Materials | Brick |
| Year Built | 2004 |
| Electric | Power - 480V,Three Phase,440 Volts |
| Tenant Pays | Common Area Maintenance,Taxes |
| Stories | 2 |
| Township | Milton |
| Property SubType | Office |
| Tax Year | 2021 |
| Gross Income | 150000 |
| County | Du Page |
| Net Operating Income | 100000 |
| Operating Expense | 50000 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Just west of Naperville Rd on Butterfield. Turn north on Loop rd. Building is behind Old Second Bank |
| City | Wheaton |
| Total Units | 3 |
| MLS Area | Wheaton |
| Lot Size Square Feet | 32926 |
| Street Name | Loop |
| Tax Annual Amount | 42486 |
| Additional Parcels Y/N | No |
| Leasable Area | 15120 |
| Virtual Tour | https://www.dropbox.com/s/8e6jp7cys6eln1y/IMG_0229.MOV?dl=0 |
| Days on Market | 277 |
| Lease Type | Modified Gross |
| Standard Status | Active |
| Property Type | Office/Tech |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Building Area Total | 15120 |
|---|---|
| Lot Dimensions | 317X102.5 |
| Lot Size Acres | 0.78 |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60189
Price
Taxes
Visits
Year Built
Walkscore
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of April 28, 2024 8:42 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of April 28, 2024 8:42 PM UTC
