Essex Realty Group, Inc. has been exclusively engaged to market for sale 1060 College Avenue, a 15 unit mixed-use property in Wheaton, IL. The property is currently comprised of 12 apartment units and 3 commercial spaces.
The building has received several capital improvements occurring in the last few years including but not limited to exterior painting, HVAC and hot water heater replacements, rear deck repairs, and retail space expansions.
The property is adjacent to the College Avenue Metra station which provides abundant foot traffic for the retail spaces and commuter friendly benefits to those seeking apartment units in Wheaton. Wheaton College has student housing facilities directly across from the building, and the College of DuPage bus route stops directly in front of the building. The retail tenants are well established in the community and have proved to be continuously successful in this location.
Furthermore, the small vacant office between the spaces provides an investor with the opportunity to execute an additional retail lease thus increasing the profitability of the property.
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- Rarely Available Mixed-Use Property in Wheaton, IL
- Consists of (12) Apartments and (3) Retail Spaces
- Long-Term Retail Leases
- Directly Next to College Avenue Metra Station
- Many Recent Capital Improvements