125-127 S Washington St - Storefront FOR SALE


Naperville, IL 60540- Downtown Naperville
$2,600,000 USD
630-570-2238
125-127 S Washington St, Naperville, IL for Sale
$2,600,000 USD
Storefront - FOR SALE
1/11
null | 7.37% Cap Rate

125-127 S Washington St
Naperville, IL 60540
Downtown Naperville


HIGHLIGHTS

  • Fully Occupied Three-Tenant Mixed-Use Property in the Heart of Downtown Naperville
  • Le Chocolat has been at the Center since 2011
  • Heavily Traveled Area | Near Naperville Metra Station
  • Regional Downtown Destination | Located in the Heart of Downtown Naperville, which is Estimated to Receive Millions of Annual Visitors
  • Average Household Income of $196,344 within a One-Mile Radius | 94,032 People Live and 141,882 People Work within a Three-Mile Radius

OVERVIEW

Fully leased mixed-use property located in the heart of downtown Naperville, home to three long-standing tenants: Le Chocolat (since 2011), Rani’s Nail n Spa (since 2014), and Enigma Escape Rooms. Positioned on S Washington Street, the site benefits from strong foot and vehicle traffic, recent streetscape enhancements, and excellent accessibility. Nearby parking options include street parking out front, a public lot directly behind the building, and a nearby garage. The property features a pedestrian walkway behind the building and to the north of the property connecting Jefferson Avenue, Washington Street and the Van Buren Public parking lot. Several outdoor patios encompass the parking lot, including the subject properties patio. Downtown Naperville attracts millions of annual visitors and offers exceptional demographics, with an average household income of $196,344 within one mile and over 235,000 residents and workers within a three-mile radius.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

7.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three-Tenant Mixed-Use | Le Chocolat

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B-4

APN/PARCEL ID

07-13-423-020

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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