1112 S Washington St - Office FOR SALE


Naperville, IL 60540- Naperville/Lisle
$5,695,000 USD
847-254-1215
1112 S Washington St, Naperville, IL for Sale
$5,695,000 USD
Office - FOR SALE
1/5
null | 8.02% Cap Rate

1112 S Washington St
Naperville, IL 60540
Naperville/Lisle


HIGHLIGHTS

  • Located in Naperville’s premier commercial corridor near Downtown
  • Diverse tenant mix including medical, educational, and professional users
  • Elevator-served basement amenity space with revenue potential
  • Recent tenant renewals and expansions enhance lease stability
  • Walking distance to Metra, retail, dining, and civic amenities

OVERVIEW

1112 S. Washington Street presents a rare opportunity to acquire a stabilized, income-producing suburban office asset in one of Chicagoland’s most desirable communities. Located just south of Downtown Naperville, this 36,252-square-foot building sits on a 2.95-acre parcel zoned OCI, offering flexibility for a range of professional, medical, and educational uses. The property benefits from proximity to Interstate 88 and the Naperville Metra Station, ensuring seamless connectivity to Chicago and surrounding suburbs. The tenant roster includes Kingdom Martial Arts, Elevate Dance Studio, Huntington Learning Center, Farmers Insurance, Edward Jones, and others, reflecting a diverse mix of professional services and community-oriented users. Recent lease renewals and expansions have extended the weighted average lease term, reinforcing the asset’s stability. The building also features a built-out, elevator-served basement amenity space that is currently unmonetized, offering upside potential for future income. Naperville’s reputation for excellent schools, high household incomes, and a robust business climate makes this location especially attractive for investors seeking long-term value. The surrounding area is rich with amenities including Trader Joe’s, Starbucks, Hotel Indigo, and the Naperville Riverwalk, enhancing tenant satisfaction and retention. With in-place net operating income of $456,556 and a flexible management structure, this property is well-positioned for continued performance and appreciation.

FOR SALE DETAILS

PRICE

$5,695,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westbank Financial Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

138

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

OCI

APN/PARCEL ID

08-30-200-011

ASK ABOUT THIS PROPERTY

Donna BallentineCapital Commercial Real Estate BrokerageMore Info
847-254-1215

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Donna BallentineCapital Commercial Real Estate BrokerageMore Info
847-254-1215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.