Multifamily Housing
1314 East Roosevelt Road Wheaton, IL 60187
Details & Description
Price: $625,000
    Essex Realty Group, Inc. has been exclusively engaged to market for sale 1314 E. Roosevelt Road, a six unit apartment building in the highly desirable DuPage County suburb of Wheaton. The Property is comprised of one (1) 1Bd/1Ba unit and five (5) 2Bd/1Ba units.At present, one 2Bd/1Ba unit has been recently updated with new floors, cabinetry, and appliances. The remaining units are in original condition with minor updates as needed. A future investor could continue to update the remaining apartments and increase rents to market, about $125-$200 higher than current rents. Ownership has completed several other updates to the Property, including new aluminum coating to the roof, several new windows, and a newer water heater (2018).The Property is conveniently located off of Roosevelt Road providing tenants easy access to downtown Wheaton and nearby retail and restaurants. In addition, the Property is a short drive to I-355, making it easy for tenants to commute to the surrounding suburbs.
    Property ID:    236246
    Property URL: melqr.com/236246
    Generated:    04-29-24
    Listing Agents
    Anthony Citriglia

    O: 773-305-4844
    anthony@essexrealtygroup.com
    Brian Karmowski

    O: 773-305-4892
    briankarmowski@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Illinois / Wheaton / 60187 / 1314 East Roosevelt Road

    1314 East Roosevelt Road

    Wheaton, IL 60187

    Listing ID: 236246
    Print Single-Page Version
    1314 East Roosevelt Road Wheaton, IL 60187 | for Sale | Photo 1
    Building Size: 6,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $104.17
    Land $/SF: $104.17
    Price
    $625,000
    Description

    Essex Realty Group, Inc. has been exclusively engaged to market for sale 1314 E. Roosevelt Road, a six unit apartment building in the highly desirable DuPage County suburb of Wheaton. The Property is comprised of one (1) 1Bd/1Ba unit and five (5) 2Bd/1Ba units.

    At present, one 2Bd/1Ba unit has been recently updated with new floors, cabinetry, and appliances. The remaining units are in original condition with minor updates as needed. A future investor could continue to update the remaining apartments and increase rents to market, about $125-$200 higher than current rents. Ownership has completed several other updates to the Property, including new aluminum coating to the roof, several new windows, and a newer water heater (2018).

    The Property is conveniently located off of Roosevelt Road providing tenants easy access to downtown Wheaton and nearby retail and restaurants. In addition, the Property is a short drive to I-355, making it easy for tenants to commute to the surrounding suburbs.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Multifamily Housing for Sale

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    Wheaton Area Market Trends

    Listing Demographics for 1314 East Roosevelt Road Wheaton, IL 60187

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,584108,722237,793
    Population Median Age353839
    Population by Age0-9 Yrs2817 (15%)14987 (13%)30171 (12%)
    10-19 Yrs2931 (15%)15052 (13%)30886 (12%)
    20-29 Yrs2831 (15%)13537 (12%)31173 (13%)
    30-39 Yrs2361 (12%)13024 (11%)31243 (13%)
    40-49 Yrs2077 (11%)12994 (11%)27633 (11%)
    50-59 Yrs2168 (11%)14798 (13%)33437 (14%)
    60-69 Yrs2053 (11%)13269 (12%)28607 (12%)
    70+ Yrs1347 (7%)11061 (10%)24643 (10%)
    Median HH Income$96,424$99,462$90,678
    Total Household Income< 24K592 (9%)4268 (10%)9354 (10%)
    25-49K738 (11%)5650 (14%)14203 (15%)
    50-74K1146 (18%)5658 (14%)13850 (15%)
    75-99K735 (11%)4493 (11%)11591 (12%)
    100-199K2133 (34%)12222 (30%)27824 (31%)
    200K+868 (13%)7654 (19%)12532 (14%)
    Highest Education LevelNo Diploma640343810187
    Diploma or GED1270853426515
    Some College17151147528377
    Assoc. Degree784466911291
    Bachelors Degree41242565951968
    Higher Degree27451813033391
    Total Housing Units6,58842,08994,239
    --Owner-Occupied4,49928,44863,056
    --Renter-Occupied1,71211,49726,298
    Owner-Occupied Values< 100K617302847
    100-199K50331609906
    200-299K1498576418222
    300-399K1222641113252
    400-499K58942717254
    500K+627811211575
    Total Working Age Population14,49185,254189,598
    In Work Force9,70756,861129,885
    Not In Work Force4,78428,39459,713
    Workforce Employed9,36054,622124,659
    Workforce Unemployed3472,2035,161
    Civlian Workforce9,70756,824129,820
    Military Workforce03665
    Total Households6,21139,94589,354
    Family Households4,41328,12660,546
    Non-Family Households1,79911,81928,808
    Married Couple3,72023,81749,528
    Other Family6934,30911,017
    Married w/Child1,92310,71720,998
    Single Male w/Child894481,117
    Single Female w/Child3061,9304,129

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1314 East Roosevelt Road in Wheaton?
    The asking price for 1314 East Roosevelt Road is $625,000
    What is the building size of this Multifamily property in Wheaton, IL?
    The size of the building/unit at 1314 East Roosevelt Road in Wheaton is 6,000 square feet
    What is the population within 1 mile of 1314 East Roosevelt Road in Wheaton?
    The population within 1 mile of 1314 East Roosevelt Road Wheaton, IL 60187 is 18,584 people.
    Who do I contact for questions about 1314 East Roosevelt Road?
    You should contact the listing agent, Anthony Citriglia, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 13
    Chicago Midway International Airport (MDW) 18
    Chicago Rockford International Airport (RFD) 57
    Price
    $625,000
    Listing Agent
    Anthony Citriglia - CRE Agent at

    Anthony Citriglia

    Essex Realty Group

    VIEW AGENT PROFILE

    CONTACT AGENT

    Listing Co-Agent
    Anthony Citriglia - CRE Agent at

    Brian Karmowski

    Essex Realty Group
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