420 S Main St - Auto Repair FOR SALE


Wheaton, IL 60187- Downtown Wheaton
$1,400,000 USD
420 S Main St, Wheaton, IL for Sale
$1,400,000 USD
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

420 S Main St
Wheaton, IL 60187
Downtown Wheaton


HIGHLIGHTS

  • Front & Center Location~ 143.7' x 132' ~Downtown Wheaton
  • Large Corner Lot Across From Central Park
  • Price Includes Neighboring Property~ Perfect for Future Expansion or Rental Income

OVERVIEW

Turnkey Automotive Site with C-4 Flexibility in Heart of Downtown WheatonEstablish or expand your business front and center in the vibrant heart of downtown Wheaton. Currently operating as an active auto repair shop, this property presents a rare turn-key opportunity to utilize an established, highly visible downtown footprint. The robust building features three commercial service bays and ample on-site customer parking, a premium commodity in the central business district perimeter.Enhancing this unique offering is the inclusion of the neighboring property to the west, granting the buyer immediate options for future business expansion or secondary rental income. Peace of mind comes standard with a clean environmental profile, backed by a No Further Remediation (NFR) letter and confirmation of no underground tanks on site. Investors and operators alike will appreciate the protective value of the flexible C-4 zoning, ensuring strong long-term land residual value for eventual mixed-use, retail, or multi-family redevelopment. Please note: This sale is for the real estate only and does not include the existing business entity or shop equipment.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C4

APN/PARCEL ID

05-16-329-019

ASK ABOUT THIS PROPERTY

Neil VerhagenBaird & Warner, The Commercial GroupMore Info

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Neil VerhagenBaird & Warner, The Commercial GroupMore Info

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