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311 South Naperville Road

311 South Naperville Road, Wheaton, IL 60187
Commercial in Milton
311 South Naperville Road has been categorized by the local assessors in Wheaton, IL as a commercial type of property. The building on the property was first built in 1978 and is 46 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 311 South Naperville Road has 4,090 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 195 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 15,682 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 311 South Naperville Road was last sold in Mar 30, 2022 for $437,500. According to our calculations, that's $86.12 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Jan 11, 2008. Current property owners are expected to pay $11,615 in taxes per year. The property on 311 South Naperville Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $167,720. To break that down further, the land itself was valued at $89,560. While improvements to the property were assessed at a total of $78,160. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210830
08/30/2021
Loft
-
-
$455,000
bedrooms
Loft
bathrooms
-
-
-
-
Patrick Roach
Southwestern Real Estate, Inc.
20200229
02/29/2020
Loft
-
-
$525,000
bedrooms
Loft
bathrooms
-
-
-
-
Richard Popp
Southwestern Real Estate, Inc.
20200229 Unit BC
02/29/2020
BC
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Business/Commerical Units Count: 5
  • Basement Type: Unspecified basement
  • Basement Area: 990
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 195
  • Lot Size Frontage Feet: 50
  • Total Building Area: 5,080
  • Gross Building Area: 5,080
  • Building Area: 5,080
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WARREN L WHEATONS 2ND ADD
  • Land Acres: 0.36
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: WARREN L WHEATONS 2ND ADD S 32 FT & N 48 FT

Ownership

  • Current Owner : MATHEW PHILIP
  • Current Owner 2: MATHEW SARAMMA
  • Previous Owner : 311 S NAPERVILLE LLC
  • Owner Before Previous Owner: WEST SUBURBAN BANK
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842400

Zoning

  • Zoning: C

Geography

  • Assessors Map Reference: 3024-C7
  • Parcel: 05-16-326-004
  • Block: 6
  • Lot: 6
  • Municipality: MILTON
  • Latitude: 41.8628
  • Longitude: -88.1025

    Address

  • Full Address: 311 S Naperville Rd
  • Address - House Number: 311
  • Street Direction: S
  • Address - Street Name: Naperville
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C008
  • 4-Digit Zip Code: 5473
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,615
  • Tax Rate Code Area: 5012

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,500
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $192,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2027

    Market Valuation

  • Market Total Value: $503,160
  • Market Land Value: $268,680
  • Market Improvement Value: $234,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $167,720
  • Assessed Land Value: $89,560
  • Assessed Improvements Value: $78,160

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11888129881
  • Current Sale Price: $437,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37770
  • Previous Sale Recording Date: Feb 01, 2008
  • Previous Sale Contract Date: Jan 11, 2008
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $192,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: HARRIS NA
  • Previous Mortgage Transaction Date: Feb 01, 2008
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 24, 2018

About Wheaton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 311 South Naperville Road located in?
The 311 South Naperville Road is a commercial located in the neighborhood of Milton in Wheaton, Wheaton.
What is the average sales price for listings in 311 South Naperville Road?
The average sales price for units in 311 South Naperville Road is $0 currently.

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