655 N Washington Street provides end-users and redevelopment investors with a can’t-miss opportunity to acquire a perfectly situated roadside industrial property in the Naperville suburb of Chicago, Illinois.
Spanning 6,500 square feet across a 0.28-acre lot, 655 N Washington Street was originally built in 1960 and completed a full renovation in 2019. The masonry façade building provides a mostly open layout served by three grade-level loading doors and a dedicated exterior lot.
Ideally situated with direct frontage to Washington Street, the building can be seen by more than 23,000 passing vehicles each day, delivering terrific brand exposure to tenants or new projects at the site. The area is also easily accessible, sitting just off Highway 34 and less than 10 minutes from Interstate 85.
Voted one of the best places to live in the U.S. by Money Magazine, Naperville is home to quality residential neighborhoods, beautiful parks, and quality retail amenities. Within five minutes of 655 N Washington Street, customers are drawn by national retail locations for Jewel-Osco, Jersey Mike’s Subs, Dairy Queen, Starbucks, Ace Hardware, Walgreens, Dunkin’, and many more. The area also provides exceptional outdoor recreation opportunities, including the Cress Creek and Naperville Country Clubs, the Naperville Tennis Club, and the DuPage Riverwalk, featuring 1.75 miles of bricked pathways winding along picturesque fountains and bridges. The area also sees heightened commuter traffic thanks to numerous nearby industrial operations for Amazon, Ferrara Candy, DSV, and Diageo North America.
Naperville’s elevated demand lends strength to industrial businesses who choose to own their operating space. The I-88 West submarket has displayed a shrinking vacancy rate of just 3.4%, which has driven significant rent growth of more than 4% year-over-year. 655 N Washington Street provides an exceptional option for businesses hoping to avoid these elevated operating costs.
With a prime location in one of Chicago’s most sought-after suburbs, 655 N Washington Street presents the perfect option for growing businesses or investors seeking a covered land play.