1620 Pebblewood LnNaperville, IL 60563

  • Investment properties
  • 22,240 SF
For Lease
$17/SF/YR View listing

Property Details for 1620 Pebblewood Ln

Year built
1991
Lot size
0.75 AC
Property size (Sq ft)
22,240 SF
Zone code
C
Property type
Investment properties
Property subtype
Live-work space
APN
07-09-202-005
APU
709202005

Description

This exceptional Naperville, IL property, located at 1620 Pebblewood Ln, 60563, offers seven available office spaces ranging from 450 to 1600 square feet. Situated at the intersection of Route 59 and W Deihl Road, this modern mixed-use center boasts high visibility to an estimated 40,000-55,000 vehicles daily (2020 data). The property benefits from affordable rental rates compared to other centers in the area and is conveniently located near numerous hotels and retail establishments. Ample parking is available for tenants and occupants. Office spaces feature high ceilings. The lease includes full-service amenities, with tenants only responsible for rent and their own internet service. The property is ideal for a variety of businesses seeking a prime location with excellent visibility and convenient access. The property type is listed as Retail and Office, with a subtype of Traditional Office, Medical, and Grocery. Multiple tenancies are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,015,696
    6.5%
    $3,706,796
    7%
    $3,442,025
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,257,876
    Geo Method
    $2,896,760
  • Alternative Use

    Use
    Valuation
    Residential
    $4,596,428
    Hospitality
    $4,210,303
    Educational
    $3,502,922
    Medical
    $3,623,394
    Retail
    $5,448,990

Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.7977
Longitude
-88.2056
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
$40,443
$129,020
$475,850
$604,870
-
$387,060
$1,427,550
$1,814,610

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