1901 N Gary Ave - Storefront Retail/Office FOR SALE


$1,425,000 USD
630-518-9355
1901 N Gary Ave, Wheaton, IL for Sale
$1,425,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

Feb '26



HIGHLIGHTS

  • Perfect owner/user building
  • Ideal for retail, office, medical or other use
  • High-end finishes through-out
  • Elevator access to lower level
  • Drive through behind building
  • Recent capital improvements - HVAC, LED lighting, sump pumps and EV charger

OVERVIEW

Prime Commercial Building Ideal for Retail, Office, or Medical Use This meticulously maintained 8,023 SF (Total Gross Area) single-story commercial building with a finished lower level offers a high-quality space designed to accommodate a wide range of uses*, including retail, office, medical office, and other professional services. Built in 2007 and set on a 1.1-acre site within the attractive Wheaton North Commons development, the property combines easy customer access, exceptional flexibility, and a high-end build-out. The main level features 4,125 SF (Gross Area) of open and private space, while the 3,898 SF (Gross Area) lower level—accessible via elevator—includes a break room, restrooms, studio, and storage areas. Building and monument signage provide excellent visibility along Gary Avenue, and 30 on-site parking spaces are available, with additional capacity in the former drive-through area. The covered drive-through structure offers unique adaptability—perfect for reactivating drive-through services, converting to outdoor seating, expanding parking, or enclosing for additional building footprint (subject to applicable code or restrictions). A covered EV charging station is also installed in a drive-through lane for convenience. Recent capital improvements include updated LED lighting (2018-2021), high-end HVAC system replacement (2021), and a full sump pump replacement (2024), providing a property that is move-in-ready condition. Association-managed services such as landscaping, snow removal, and parking lot maintenance allow owners to focus on their business rather than building upkeep. Current owner/user open to consideration of a short-term sale-leaseback scenario that allows for additional timing flexibility for the buyer. This property presents a rare opportunity to acquire a turnkey, versatile asset in a prime location. *The building is subject to certain association and special warranty deed use restrictions.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Retail/Office Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C-5

APN/PARCEL ID

05-08-200-032

ASK ABOUT THIS PROPERTY

Jeffrey ClousingCapital Real Estate PartnersMore Info
630-518-9355

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Jeffrey ClousingCapital Real Estate PartnersMore Info
630-518-9355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.