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$765,000 Just Listed
Property Description
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!
Full Property Details
Full Property Details for 118 N President St
General
- Price: $765,000
- Taxes: $5,432 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12781520
Rental Information
- Complex Features: Park, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, E
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
- Bathroom Features: Double Sink
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
- Other Features: School Bus Service, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Wheaton
- County: DuPage
- Township: Milton
- Driving Directions: West side of President, Just south of Crescent and the tracks.
School Information
- School District: 200
- Elem School District: 200
- Midd School District: 200
- High School District: 200
- Elementary School: Lowell Elementary School
- Middle School: Franklin Middle School
- High School: Wheaton North High School
- Private School: Wheaton North High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Storage Space, Daylight, Full
- Roof: Asphalt
- Year Built: 1927
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 167
- Fence: Yes
- Lot Features: Garden
- Fencing (Description): Partial
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1927
- Tax Amount: $5,432.84
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 516403019
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Schools
Schools serving 118 N President St
School District:Community Unit School District 200
| Name | Grades | Distance |
|---|---|---|
Lowell Elementary School, Wheaton, IL 312 South President Street, Wheaton, IL 60187 | K-5 | 0.3 mi |
Franklin Middle School, Wheaton, IL 211 East Franklin Street, Wheaton, IL 60187 | 6-8 | 0.7 mi |
Wheaton North High School 701 West Thomas Road, Wheaton, IL 60187 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 118 N President St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,433
2%
$89,694
8%
2024
$5,330
4%
$82,697
9%
2023
$5,144
3%
$76,120
6%
2022
$4,982
10%
$71,940
2%
2021
$4,546
—
$70,230
1%
2020
$4,529
2%
$69,570
3%
2019
$4,419
1%
$67,730
2%
2018
$4,360
2%
$66,200
4%
2017
$4,287
2%
$63,760
4%
2016
$4,220
1%
$61,210
5%
2015
$4,176
1%
$58,400
2%
2014
$4,147
3%
$57,150
—
2013
$4,041
2%
$57,320
-4%
2012
$3,956
—
$59,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 N President St
118 N President Street, Wheaton, IL 60187 (MLS# 12781520) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 118 N President Street is currently listed for $765,000 and was received on October 09, 2026. Want to learn more about 118 N President Street? Do you have questions about finding other Multi-Family real estate for sale in Wheaton? You can browse all Wheaton real estate or contact a Coldwell Banker agent to request more information.
