Excellent Wheaton redevelopment opportunity near downtown, the train station, and Wheaton College. Zoned R-5 Residential, which allows multi-unit development or a single-family home. The existing building is in poor condition and is currently rented as private rooms on a month-to-month basis. The rear/south portion of the lot is within a floodplain, but has ample area to place a new building outside the floodplain. A conceptual site plan is available showing a potential two-unit, two-story building with five parking spaces. The buyer must independently verify zoning, permitted uses, floodplain boundaries, and development feasibility with the City of Wheaton.
Active
$300,000
416 Crescent St, Wheaton, IL 60187
4beds
--sqft
Multi Family
Built in 1887
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Five parking spaces
- 20 days
- 2,654
- 59
Zillow last checked:
Listing updated:
Listed by:
Tom George 630-462-7072,
Discover Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12772014
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Basement: Cellar,Full
Property
Parking
- Total spaces: 5
- Parking features: Unassigned, Off Street, Yes, Owned
Lot
- Size: 8,276 Square Feet
- Dimensions: 51x158x49x169
Details
- Parcel number: 0516401009
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1887
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Street Lights, Street Paved
Location
- Region: Wheaton
Financial & listing details
- Tax assessed value: $87,254
- Annual tax amount: $5,285
- Date on market: 9/29/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,821/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $300,000-4.8% |
Source: | ||
| 6/12/2024 | Listing removed | -- |
Source: | ||
| 4/13/2024 | Price change | $315,000-1.6% |
Source: | ||
| 3/21/2024 | Price change | $320,000-9.9% |
Source: | ||
| 3/19/2024 | Price change | $355,000-1.4% |
Source: | ||
| 3/11/2024 | Price change | $360,000-1.4% |
Source: | ||
| 2/28/2024 | Price change | $365,000-1.4% |
Source: | ||
| 2/20/2024 | Price change | $370,000-1.3% |
Source: | ||
| 2/12/2024 | Price change | $375,000-1.3% |
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| 2/5/2024 | Price change | $380,000-1.3% |
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| 1/22/2024 | Price change | $385,000-1.3% |
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| 1/14/2024 | Listed for sale | $390,000+143.8% |
Source: | ||
| 1/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/5/2023 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 6/2/2021 | Sold | $160,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,285 +1.9% | $87,254 +8.5% |
| 2024 | $5,185 +3.6% | $80,448 +8.6% |
| 2023 | $5,004 -2.4% | $74,050 0% |
| 2022 | $5,129 +0.2% | $74,060 +2.4% |
| 2021 | $5,117 +0.3% | $72,300 +0.9% |
| 2020 | $5,103 +2.2% | $71,620 +2.7% |
| 2019 | $4,992 +4.9% | $69,730 +6.1% |
| 2018 | $4,759 +1.3% | $65,700 +3.8% |
| 2017 | $4,696 +1.1% | $63,270 +4.1% |
| 2016 | $4,643 +0.5% | $60,750 +4.8% |
| 2015 | $4,619 -3.1% | $57,960 -1.4% |
| 2014 | $4,768 +2.6% | $58,810 -0.3% |
| 2013 | $4,645 | $58,990 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 60187
Nearby schools
Schools provided by the listing agent
- Elementary: Lowell Elementary School
- Middle: Franklin Middle School
- High: Wheaton North High School
- District: 200
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




