603 N Scott St Wheaton, IL 60187
Hawthorne NeighborhoodEstimated payment $3,945/month
Highlights
- Victorian Architecture
- Corner Lot
- Patio
- Longfellow Elementary School Rated A
- Lower Floor Utility Room
- Home Security System
About This Home
Welcome to Lincoln Scott, a fully furnished, income-producing gem just one block from Wheaton College and minutes from downtown Wheaton and the Metra station. This well maintained 2-flat offers 7 bedrooms, 2 full baths total with 2 kitchens and 2 spacious common areas-one on each level-plus dual staircases for easy access to both units. Purposefully designed as a residence for female graduate and postgraduate Wheaton College students, the property is fully rented with a couple of rooms starting in August-providing immediate cash flow. Demand is strong, with a history of a waiting list for these rooms. Recent updates include a roof, windows, upgraded 200amp electrical service, whole-house generator, security system, modern kitchen appliances, and newly painted exterior siding - offering peace of mind for years to come. Also, the house is fully furnished for residents including all bedroom and common area furniture. With its unbeatable location, strong rental history, and fully furnished turnkey setup, investing in real estate doesn't get any easier than this.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,328
Year Built
- Built in 1903
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 59x131.78
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Off-Street Parking
- Unassigned Parking
Home Design
- Victorian Architecture
- Block Foundation
- Stone Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Lower Floor Utility Room
- Partial Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Patio
Schools
- Longfellow Elementary School
- Franklin Middle School
- Wheaton North High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Power Generator
- Lake Michigan Water
- Gas Water Heater
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $2,672
- Fuel Expense $1,651
- Insurance Expense $2,864
- Professional Management Expense $3,640
- Trash Expense $358
- Water Sewer Expense $922
- Gross Income $55,620
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Pending | -- | -- | -- |
| 08/09/2025 08/09/25 | For Sale | $599,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12442245
APN: 05-16-114-004
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