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116 E Farnham Ln, Wheaton, IL, 60189

4beds
3baths
3,494sqft
$1,400,000
$401price/sqft
$9,959/moest. monthly cost
$398,360/yrincome needed

About This Home

Once in a lifetime opportunity to acquire an approximately 4 acre lot in beautiful Wheaton and the Chicago suburbs. Located on Farnham Lane, one of the most desirable and quiet streets in south Wheaton, the possibilities here are endless. Re-imagine the existing single family home and barn, or build your dream estate. The existing home is being sold as-is, and is already connected to city utilities.

Getting Around

11
WalkingCar-Dependent
16
TransitMinimal Transit
33
BikeSomewhat Bikeable

Schools

8/10
Whittier Elementary SchoolGrades K-50.6 mi
8/10
Edison Middle SchoolGrades 6-80.4 mi
8/10
Wheaton Warrenville South High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level,In Unit,Laundry Chute,Sink

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Crawl Space,Rec/Family Area,Storage Space,Partial

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 156
  • Dimensions: 12X13

Bedroom3

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 208
  • Dimensions: 13X16

Bedroom4

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 154
  • Dimensions: 11X14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 195
  • Dimensions: 13X15

Eating Area

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 54
  • Dimensions: 6X9

Features

  • 1st Floor Bedroom,1st Floor Full Bath,Built-in Features,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Living Room,Basement
  • Fireplace: Yes
  • Attic: Dormer

Heating & Cooling

  • Heating features: Natural Gas,Steam
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 3,494 sqft

Kitchen

  • Features: Kitchen (Eating Area-Table Space),Flooring (Vinyl)
  • Level: Main
  • Area: 130
  • Dimensions: 10X13

Laundry

  • Features: Flooring (Vinyl)
  • Level: Main
  • Area: 154
  • Dimensions: 11X14

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 360
  • Dimensions: 15X24

Master Bedroom

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 221
  • Dimensions: 13X17

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0521303048
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 3.80 Acres
  • Lot size dimensions: 240 X 706

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Strong Wind

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,079$84,948
Home Insurance *$407$4,884
Property Taxes $2,205$26,460
Electricity $268$3,224
Total$9,959$119,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

30% on housingRecommended$398,360/yr
35% on housing$341,451/yr
40% on housing$298,770/yr
45% on housing$265,573/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$401This listing

vs Other Active Listings

Avg $/sqft

ZIP 60189$274
DuPage County$270

vs Homes Sold Last Month

Median $/sqft

ZIP 60189$261
DuPage County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$1,400,000
2025-07-01Listing removed$1,600,000
2025-01-30Listed for sale$1,600,000

For Sale by Agent

AgentZachary Bowers
BrokerageKeller Williams Infinity
Phone727-543-0169
View on Zillow

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