1560 Wall StNaperville, IL 60563

  • Office properties
  • 55,455 SF
For Lease
$19.75/SF/YR View listing

Property Details for 1560 Wall St

Year built
2004
Lot size
2.70 AC
Property size (Sq ft)
55,455 SF
Zone code
C
Property type
Office properties
APN
07-10-107-011
APU
710107011

Description

This exceptional 56,519 square foot Class B office building, constructed in 2004, is ideally situated at 1560 Wall Street in Naperville, Illinois, zip code 60563. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking flexible space options. The property is classified as a Traditional Office building with a Multiple Tenancy structure. Individual suites range in size from 3,330 square feet to 7,784 square feet, offering considerable adaptability to various business needs. The building's prime location in Naperville provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. This presents a rare chance to secure a substantial, fully vacant office space in a desirable Naperville location. The building's 2004 construction suggests modern amenities and systems, although specific details would need to be confirmed through due diligence. Interested parties are encouraged to explore the potential of this significant office space to meet their business requirements. The property is ready for immediate occupancy. Contact us to schedule a viewing and discuss lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,013,059
    6.5%
    $9,242,823
    7%
    $8,582,622
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,629,968
    Geo Method
    $7,223,014
  • Alternative Use

    Use
    Valuation
    Residential
    $11,461,101
    Hospitality
    $10,498,307
    Educational
    $8,734,468
    Medical
    $9,034,860
    Retail
    $13,586,950

Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.7975
Longitude
-88.1996
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
$77,145
$279,890
$873,910
$1,153,800
-
$839,670
$2,621,730
$3,461,400

FAQs

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