235-239 S Washington St - Storefront FOR SALE


Naperville, IL 60540- Downtown Naperville
$3,700,000 USD
312-545-1035
235-239 S Washington St, Naperville, IL for Sale
$3,700,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

NEW


235-239 S Washington St
Naperville, IL 60540
Downtown Naperville


HIGHLIGHTS

  • Premier corner location with 28,899 daily traffic
  • Historic 3-story building with elevator and wood floors
  • Surrounded by Apple, Nike, Sephora, and Lululemon
  • Steps from Riverwalk, Promenade, and 4,000+ parking spaces
  • Income from Standard Goods lease on first floor
  • Zoned B-4 with value-add renovation potential

OVERVIEW

Positioned at one of the most prominent corners in Downtown Naperville, the historic Beidelman Building at 235–239 S. Washington Street presents a rare opportunity to acquire a landmark asset in one of Illinois’ most vibrant suburban markets. Built in 1928, this three-story mixed-use property spans 17,750 square feet and sits on 0.15 acres, offering flexible configurations across retail and office uses. With high ceilings, wood floors, multiple points of entry, and an elevator servicing all levels, the building is primed for adaptive reuse or value-add repositioning. Located at the intersection of Washington Street and Jackson Avenue—boasting a traffic count of 28,899 vehicles per day and a Walk Score of 97—the property benefits from exceptional visibility and foot traffic. It is surrounded by top-tier national retailers including Apple, Nike, Sephora, and Lululemon, and is steps from the Naperville Riverwalk, Main Street Promenade, and municipal parking decks offering over 4,000 free spaces within a five-block radius. Currently generating income from a lease with Standard Goods occupying 1,925 SF on the first floor, the building offers immediate revenue potential for owner-users or investors. The roof was replaced in June 2022, and the property is zoned B-4, allowing for a range of commercial uses. Naperville, ranked as the fifth largest city in Illinois, is consistently recognized as one of the best places to live, work, and invest, with a median household income exceeding $105,000 and a thriving retail economy that achieved $4.6 billion in sales in 2024. Offered at $3,700,000, this storied asset combines architectural charm, strategic location, and income upside—making it a compelling acquisition for developers and investors seeking a foothold in one of the Midwest’s most desirable markets.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,048 SF

ZONING

B-4

APN/PARCEL ID

07-13-430-034

ASK ABOUT THIS PROPERTY

Christina Caton KitchelCaton Commercial Real Estate GroupMore Info
312-545-1035

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Christina Caton KitchelCaton Commercial Real Estate GroupMore Info
312-545-1035

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