For Sale
$2,750,000

125 Washington St Naperville, IL 60540

High-Yield Downtown Naperville Multi-Tenant Retail

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully occupied, multi-tenant retail property located in the vibrant heart of Downtown Naperville, Illinois. The property, encompassing 5,867 square feet across two stories, is situated on a 0.08-acre lot at 125 & 127 S Washington St, zip code 60540, within DuPage County's B-4 Downtown Core District zoning. Currently housing four thriving tenants – SIS Nails, Le Chocolat, and Ribblebox Escape – this property boasts 100% occupancy, generating a substantial Net Operating Income (NOI) of $194,638, resulting in a compelling 7.10% cap rate. The asking price is $2,750,000, translating to a price per square foot of $468.72. Built in 1925 and renovated in 1990, the property benefits from high foot traffic exposure in a densely populated area. The property's location within a 5-mile radius of 215,012 residents with an average household income of $145,926, coupled with historically low DuPage County taxes, ensures strong and stable cash flow. This is a Net Lease investment with a Gross Lease type, offering a secure and attractive return for investors. The property's APN is 07-13-423-020. This is a 1031 exchange eligible property. This is a rare opportunity to acquire a prime retail asset in a highly desirable location.

Highlights

  • Prime Downtown Naperville location.
  • Low DuPage County taxes.
  • High foot traffic exposure.
  • Strong demographics: 215,012 residents within 5 miles, average household income $145,926.

Property Details for 125 Washington St

Property type
Retail properties, Restaurants
Square Feet
5,867 SF
Year Built/Renovated
1925/1990
Buildings
1
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
4

Location Insight

City
Naperville
County
DuPage
State
Illinois
Latitude
41.7732953
Longitude
-88.1479474

FAQs

What type of property is this?
Retail property - High-Yield Downtown Naperville Multi-Tenant Retail
Where is the retail property located?
The property is located at 125 Washington St Naperville, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime Downtown Naperville location.; Low DuPage County taxes.; High foot traffic exposure.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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125 Washington St
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