Multifamily Redevelopment Opportunity – 100 W Roosevelt Rd, Wheaton, IL

An exceptional opportunity to reposition two existing office buildings into a 22-unit multifamily community in one of Wheaton's most desirable corridors. Approved zoning and redevelopment plans are in place, supported by strong apartment demand and excellent site visibility along Roosevelt Road.

Key Highlights:

Approved for 22 multifamily rental units

R5 Residential Zoning | Approved PUD

1.51 Acres | 23,864 SF Total

Surface parking with 38 spaces

High-visibility location near downtown Wheaton

Offered at $1,650,000 with a projected valuation of $4,950,000 and an estimated 8.8% cap rate based on stabilized pro forma.

Learn more and view the full Offering Memorandum:
https://creconsult.net/park-place-wheaton-redevelopment/

For more information, contact:
Randolph Taylor, CCIM
Vice President | Investment Sales Broker
eXp Commercial – Chicago
Email: rtaylor@creconsult.net
Phone: 630-474-6441
Website: https://creconsult.net

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