931 75Th StNaperville, IL 60565

  • Retail space
  • 12,990 SF

Property Details for 931 75Th St

Year built
1988
Lot size
1.41 AC
Property size (Sq ft)
12,990 SF
Zone code
C
Property type
Retail space
APN
07-25-104-019
APU
725104019

Description

Hobson West Plaza, located at 931 W 75th St, Naperville, IL 60565 in DuPage County, offers a prime retail opportunity. This multi-tenant property boasts a total of 99,042 square feet, with 11,199 square feet currently vacant and divisible into spaces ranging from 1,255 square feet minimum to a maximum contiguous space of 8,888 square feet. The property features three total suites, providing flexibility for various retail businesses. Ample parking is available with 516 spaces. Hobson West Plaza enjoys a convenient location, just two miles from the vibrant Downtown Naperville shopping district and easily accessible from I-88 via Route 59. The plaza is already home to established retailers such as Garden Fresh Market, Ace Hardware, and Play It Again Sports, creating a strong and synergistic retail environment. This presents a unique chance to establish or expand your business in a thriving Naperville community within the Chicago MSA. The property's size and layout offer significant potential for a variety of retail concepts. Contact us today to learn more about this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,447,883
    6.5%
    $3,182,661
    7%
    $2,955,328
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,323,341
    Geo Method
    $4,263,708
  • Alternative Use

    Use
    Valuation
    Residential
    $2,684,694
    Hospitality
    $2,459,165
    Educational
    $2,045,996
    Medical
    $2,116,362
    Retail
    $3,182,661

Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.7482
Longitude
-88.1658
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,981
$208,100
$454,330
$662,430
-
$624,300
$1,362,990
$1,987,290

FAQs

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