Barb Cartwright
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
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: Land - Residential
Total Acres: 0.19 Acres
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
General Information
County: DuPage
High School: Wheaton North High School
Listed By:
Discover Real Estate
630-462-7072
MRED MLS
MLS ID: 12772271
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416 Crescent Street, Wheaton, IL 60187.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
Barb Cartwright
REALTOR®
Office: (309) 743-8064
Cell: (309) 912-5158
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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