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416 Crescent Street Wheaton, IL 60187 • Multi Unit - Multiple • Active

  • 416 Crescent Street, Wheaton, IL 60187 Main Photo

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Description

Excellent Wheaton redevelopment opportunity near downtown, the train station, and Wheaton College. Zoned R-5 Residential, which allows multi-unit development or a single-family home. The existing building is in poor condition and is currently rented as private rooms on a month-to-month basis. The rear/south portion of the lot is within a floodplain, but has ample area to place a new building outside the floodplain. A conceptual site plan is available showing a potential two-unit, two-story building with five parking spaces. The buyer must independently verify zoning, permitted uses, floodplain boundaries, and development feasibility with the City of Wheaton.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: DuPage
High School: Wheaton North High School
Listed By:
Discover Real Estate 630-462-7072
MRED MLS
$300,000
Est. $2,176/mo
4beds
2baths
Active
BEDS4 BATHS2 full MLS#12772014
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 200

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Ruhl&Ruhl Realtors
563.441.1776

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416 Crescent Street, Wheaton, IL 60187.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,658$1,985$1,975
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $2,176$2,635$2,493

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