$765,000

118 N President Street, Wheaton, IL 60187

Active
5 beds 0 baths Built 1927 Residential Income MLS #MRD12731203 8 days on market
Listing courtesy of Keller Williams Premiere Properties · 630-545-9860 · MLS #MRD12731203 · Status: Active
Income opportunity! R-5 zoning for this 2026 intentionally expanded and rehabbed 5-bedroom, 4 bath two story near Wheaton College. This bright and light Wheaton duplex features two separate apartments each with its own entry, kitchen and laundry. Apartment 1- Enter the sunny foyer from the covered front porch into the living room, dining room and open concept kitchen, with new hardwood flooring throughout. The crisp white kitchen with center island features quartz counters, stainless appliances, pantry and has access to the deck, backyard and 2.5 car garage. First floor also includes a bedroom or home office, full bath and mudroom. Upstairs are three additional bedrooms, laundry room and two full baths. The Primary suite boasts a walk-in closet, private bath with two separate vanities, an oversized shower and a walk-in closet. Apartment 2- Newly built out in 2021, the charming garden level 1 bed/1bath unit with windows in all rooms includes a fully equipped kitchen, living room, full bath and laundry room. The 2026 Rehab includes, New Kitchen, Ceramic Baths, Plumbing, Electrical, Insulation, Hardwood Floors, Light Fixtures, Recessed Can Lighting, Roof, Windows, Water Service, Sewer Line, Driveway and Apron. This convenient, in-town Wheaton location is only steps to College Avenue Shops, Restaurants and Metra Station, Lowell Elementary, Illinois Prairie Path, Tot Lot and is walking distance to the French Market and downtown Wheaton. Fantastic income opportunity or live as a single-family home. Don't miss this opportunity!

Property details

Interior

Basement
Finished, Full, Daylight
Total rooms
10

Building & exterior

Age
91-100 Years
Exterior
Brick, Concrete
Roof
Asphalt
Patio & porch
Deck

Parking

Garage spaces
2
Total spaces
2
Parking details
Garage Door Opener, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
50x167
Lot description
Garden
Township
Milton
County
DuPage

Utilities

Heating
Natural Gas, Forced Air
Water
Lake Michigan
Sewer
Public Sewer
Equipment
Ceiling Fan(s), Sump Pump

HOA & community

Community features
Park, Sidewalks, Street Lights, Street Paved

Schools

Elementary
Lowell Elementary School (200)
Junior high
Franklin Middle School (200)
High school
Wheaton North High School (200)

Taxes & terms

Annual taxes
$5,432 (2025)
Parcel number (PIN)
0516403019
PIN
0516403019
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/13/2026

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

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Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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