400 Knoll St Unit C, Wheaton, IL 60187
Stabilized Office Investment with Strong Return and Low Risk
This commercial office condo at 400 Knoll St Unit C in Wheaton presents a compelling opportunity for investors seeking predictable income, low management burden, and strong yield in a prime DuPage County location.
Buyers can review full property details, financials, photos, and showing information on the 400 Knoll St Unit C listing page.
Investment Highlights
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Purchase Price: $602,400
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Cap Rate: Approximately 11.2 percent based on current financials
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Annual NOI: Approximately $67,500
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Gross Annual Income: Approximately $84,000
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Lease Structure: Sale-leaseback with a 5-year lease term
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Tenant: Credit-worthy tenant with personal guarantee
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Year Built: 2006
This offering is well suited for investors prioritizing income stability, strong yield, and reduced risk in today’s commercial real estate environment.
The Space
The property consists of a professionally built-out office suite designed for long-term usability across a range of professional uses.
Key features include:
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Seven private offices
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Two conference rooms
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Dedicated break room
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Combination of carpet and wood flooring
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Central air conditioning and forced-air heat
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101–200 amp electrical service
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Monitored fire alarm system
The layout supports medical, legal, financial, and general professional office users.
Location and Demand Drivers
The property is located near major employment centers, including Northwestern Medicine Central DuPage Hospital, providing long-term tenant demand and stability.
Its position along the East-West Corridor offers convenient access for both employees and clients, along with 28 on-site parking spaces and a private brick paver patio.
Why This Is a Low-Risk Investment
From an underwriting standpoint, this property offers:
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Immediate cash flow from day one
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No lease-up risk
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Minimal anticipated capital expenditures
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A clear exit strategy supported by location and tenant profile
In a market where yield is harder to find without taking on added risk, stabilized sale-leaseback opportunities like this remain highly attractive.
Local Expertise and Representation
This listing is represented by The Lance Kammes Team, the number one real estate team in Wheaton, with extensive experience across residential, commercial, and investment properties throughout DuPage County.
As part of the team, I work closely with investors to:
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Review lease terms and financials
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Analyze risk and cash flow
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Compare opportunities across the local market
You can learn more about my approach, market insight, and other listings by visiting my website.
Additional information about the team can be found at LanceKammes.com.
Learn More
If you are evaluating commercial real estate in Wheaton or DuPage County and want a deeper look at this investment, I’m happy to walk through the numbers, lease structure, and next steps.
For full details and current availability, visit the 400 Knoll St Unit C property page or explore additional tools and market insight on my website.
