This home's estimate is 0% lower than the average sale price ($834K) of 6 comparable homes.
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1407 E Roosevelt Rd, Wheaton, IL 60187
About this home
Introducing a Fantastic Investment Opportunity for a 1031, long term hold or Owner occupant, all in a Charming Neighborhood. This property practically guarantees immediate tenant occupancy. This four-unit building showcases generously proportioned apartments. One of these units comprises 1 bedroom and 1 bathroom, while the remaining three units each offer 2 bedrooms and 1 bathroom. Notably, two of the two-bedroom units have recently undergone extensive kitchen and bathroom renovations. All 4 units are leased. This property boasts a prime location, providing convenient access to shopping, downtown Wheaton, the Metra commuter train, a bus stop conveniently located right in front, and proximity to Wheaton College. Maintenance is a breeze, thanks to the solid all-brick construction, updated windows, and doors throughout. Each unit is equipped with gas cooking facilities and features balconies for the top two apartments. Electric meters are individually metered for each unit, and there is a shared laundry facility for added convenience. Tenants are responsible for their own electric expenses, and ample parking is available. While the building is in excellent condition, it is being offered for sale AS-IS, ensuring a hassle-free transaction.
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Last updated August 2026
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Sale history for 1407 E Roosevelt Rd
Tax history for 1407 E Roosevelt Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # Of Cars: 7
- # of Parking (Total): 7
- Parking On-Site: Yes
- Parking Features: Unassigned, Driveway
- Parking: Space/s
- Parking Ownership: N/A
Interior
- Bathroom Information
- # of Baths (Full): 4
- Bath Amenities: Soaking Tub
- Bedroom Information
- # of Bedrooms: 7
- # of Bedrooms Possible: 7
- Additional Rooms Information
- Basement Description: Slab
- Interior Features
- # of Rooms: 15
- Unit Type 1 Information
- Floor Number: 1
- Sq. Ft.: 1,000
- # of Rooms: 3
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Security Deposit: 0
- Rent: $950
- Tenant Pays: Electric
- Lease Expiration Date: M/M
- Unit Type 2 Information
- Floor Number: 1
- Sq. Ft.: 1,100
- # of Rooms: 4
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Rent: $1,650
- Tenant Pays: Electric
- Lease Expiration Date: Wednesday, December 1, 1999
- Unit Type 3 Information
- Floor Number: 2
- Sq. Ft.: 1,100
- # of Rooms: 4
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Rent: $1,500
- Tenant Pays: Electric
- Lease Expiration Date: Wednesday, December 1, 1999
- Unit Type 4 Information
- Floor Number: 2
- Sq. Ft.: 1,100
- # of Rooms: 4
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Rent: $1,350
- Tenant Pays: Electric
- Lease Expiration Date: M/M
Exterior
- Exterior Features
- Exterior Features: Balcony
- Building Information
- # Of Units in Building: 4
- Exterior Building Type: Brick
- Age: 51-60 Years
- Built Before 1978 (Y/N): Yes
- Roof: Asphalt
- Property Information
- Property Type: Two to Four Units
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): Yes
- Rehab Year: 2019
- General Information: Commuter Bus
- Parcel Number: 0515326021
- Lot Information
- Dimensions: 60X142
- Lot Size: Less Than .25 Acre
Financial
- Tax Information
- Tax Annual Amount: $7,767
- Tax Year: 2022
- Financial Information
- Finance Code: Conventional
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Lake Michigan
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Natural Gas
Location
- School Information
- Elementary School District: 200
- Middle Or Junior School District: 200
- High School District: 200
- Location Information
- Township: Milton
- Corporate Limits: Wheaton
- Directions: Roosevelt east to building across from CVS
Public facts
- Beds: 7
- Baths: 4.0
- Sq. Ft.: 4,284
- Stories: 2.0
- Lot Size: 8,571 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1970
- Year Renovated: —
- County: DuPage County
- APN: 0515326021
Other
- Listing Information
- Holds Earnest Money: Yes
- Possession: Closing
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 1.2mi
Public 9-12 • Assigned • 2.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
4 unhealthy days expected this year, 4 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.
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