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.