The former Outback Steakhouse building at 50 E. Loop Road in Wheaton sold for $875,000 in October, according to commercial property transfer records compiled by Shaw Local.
The property transferred from Outback Steakhouse Of FLO to an entity listed as Wheaton Sore Realty LLC. The transfer record classified the site as a general commercial property. Plans for the site under its new ownership have not been disclosed in public filings reviewed for this report.
A second Wheaton property also changed hands during the same period. Ali Bayati and Ryan Carter sold a property at 1517 E. Roosevelt Road to Hien Dieu and Minh Tu for $320,000. Shaw Local's listing classified it as a general commercial property.
The two sales were among 154 commercial property transactions recorded across DuPage and Cook counties during October.
The Roosevelt Road corridor has drawn development interest beyond these sales. A Wheaton Planning and Zoning Board staff report shows Roosevelt Commons, LLC applied for a special use permit to build eight townhouses at 1701 E. Roosevelt Road, about two blocks east of the property that sold. Property owner Sabet M. Siddiqui's site went before the board at a July 14 public hearing, which was continued to Sept. 9 so the applicant could provide revised plans.
Wheaton residents interested in development along Roosevelt Road can monitor upcoming Planning and Zoning Board agendas through the city's website.
