Mark Plunkett
@properties Christies International Real Estate
(630) 491-5305
66 Total Sales
4 in Downtown Wheaton
$390K - $1.1M Price Range
505 W Front St Wheaton, IL 60187
Downtown Wheaton Neighborhood
--
Bed
--
Bath
--
Sq Ft
1960
Built
About This Home
As of September 2025This two-story 8-unit building offers a solid investment opportunity in an unbeatable location. Constructed in 1960, the property features durable concrete precast floors, a pitched roof, and encompasses approximately 6,100 square feet on an 8,700 square foot lot. It includes 12 parking spaces and convenient alley access. Three of the units have been completely renovated, with additional updates made throughout the property over the past year. The building includes onsite amenities such as a coin-operated washer and dryer in the basement, along with eight dedicated storage areas.
Last Agent to Sell the Property
GC Realty and Development License #475194155 Listed on: 07/08/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,237
Year Built
- Built in 1960
Home Design
- Gambrel Roof
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiant Heating System
Community Details
Overview
- 8 Units
Building Details
- Insurance Expense $4,700
- Maintenance Expense $4,685
- Manager Expense $6,247
- Other Expense $12,692
- Operating Expense $43,561
- Gross Income $154,680
- Net Operating Income $112,619
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Sep 3, 2025
Sold by
Bought by
Seller's Agent
Samantha Swaney
GC Realty and Development
Buyer's Agent
Praseen Nath
Titanium Realty Group
List Price
$1,600,000
Sold Price
$1,495,000
Premium/Discount to List
-$105,000
-6.56%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,009
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,046,500
Outstanding Balance
$1,037,205
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$516,804
Purchase Details
Closed on
Jun 9, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,400
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 5, 2021
Sold by
Bought by
Purchase Details
Closed on
Aug 25, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.1%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
1.24%
Mortgage Type
Commercial
Purchase Details
Closed on
May 7, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
1.24%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Wheaton, IL
-
Mark Plunkett
-
Tina Marie Mateja
Tina Marie Mateja
Jameson Sotheby's International Realty
(708) 998-4292
125 Total Sales
1 in Downtown Wheaton
$430,000 Price
-
Susann Rhoades
Susann Rhoades
RE/MAX Suburban
(224) 328-3593
69 Total Sales
1 in Downtown Wheaton
$770,000 Price
-
Eddie Ruettiger
Eddie Ruettiger
Exit Real Estate Specialists
(708) 719-9080
233 Total Sales
1 in Downtown Wheaton
$280,000 Price
-
Amy Lorentsen
Amy Lorentsen
Baird & Warner
(708) 741-2607
67 Total Sales
9 in Downtown Wheaton
$227K - $2M Price Range
-
Timothy Soltys
Timothy Soltys
Online Brokers Inc.
(630) 521-3579
74 Total Sales
1 in Downtown Wheaton
$290,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,495,000 | Chicago Title | |
| Warranty Deed | $1,500,500 | National Title Solutions | |
| Warranty Deed | $830,000 | First American Title | |
| Warranty Deed | $750,000 | First American Title | |
| Special Warranty Deed | $637,500 | Ctic | |
| Special Warranty Deed | $637,500 | Ctic | |
| Quit Claim Deed | -- | Ctic |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,046,500 | Credit Line Revolving | |
| Previous Owner | $1,200,400 | Credit Line Revolving | |
| Previous Owner | $1,876,000 | Credit Line Revolving | |
| Previous Owner | $532,000 | Commercial | |
| Previous Owner | $1,040,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $1,495,000 | -6.6% | -- |
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $1,600,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,230 | $251,816 | $86,499 | $165,317 |
| 2023 | $14,920 | $231,790 | $79,620 | $152,170 |
| 2022 | $13,368 | $207,840 | $75,240 | $132,600 |
| 2021 | $14,360 | $202,900 | $73,450 | $129,450 |
| 2020 | $13,641 | $201,010 | $72,770 | $128,240 |
| 2019 | $13,346 | $195,710 | $70,850 | $124,860 |
| 2018 | $13,869 | $191,490 | $69,320 | $122,170 |
| 2017 | $13,687 | $184,420 | $66,760 | $117,660 |
| 2016 | $12,890 | $177,050 | $64,090 | $112,960 |
| 2015 | $15,808 | $198,340 | $61,140 | $137,200 |
| 2014 | $14,848 | $187,580 | $57,820 | $129,760 |
| 2013 | $14,464 | $188,140 | $57,990 | $130,150 |
Source: Public Records
Agents Affiliated with this Home
-
Samantha Swaney
Seller's Agent in 2025
Samantha Swaney
GC Realty and Development
(630) 532-8747
2 in this area
121 Total Sales
-
Praseen Nath
P
Buyer's Agent in 2025
Praseen Nath
Titanium Realty Group
(630) 229-9008
1 in this area
49 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12413802
APN: 05-17-403-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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