29 Webster StNaperville, IL 60540

  • Office properties
  • 24,786 SF
For Lease

Property Details for 29 Webster St

Year built
1976
Construction
BRICK
Lot size
1.00 AC
Property size (Sq ft)
24,786 SF
Zone code
O
Property type
Office properties
APN
07-13-417-017
APU
713417017

Description

This exceptional executive office space in downtown Naperville, Illinois, offers a prime location at 29 S Webster St, 60540, within DuPage County. The building encompasses 21,000 square feet, providing multiple tenancy options. Individual suites range from a minimum of 219 square feet to a maximum contiguous space of 1,509 square feet, catering to diverse business needs. Currently, 4,008 square feet are available for lease. The property boasts ample parking with 80 spaces available for tenants and their clients. This is an ideal opportunity for businesses seeking a sophisticated and conveniently located office space in the thriving Naperville market. The building's central location provides easy access to major transportation routes, local amenities, and a vibrant business community. The property is classified as an Executive Office building, ensuring a professional and upscale environment. Interested parties are encouraged to inquire about available space and lease terms. This is a rare opportunity to secure high-quality office space in a highly desirable location. The address is easily accessible and well-suited for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,475,406
    6.5%
    $4,131,144
    7%
    $3,836,063
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,516,354
    Geo Method
    $3,228,376
  • Alternative Use

    Use
    Valuation
    Residential
    $5,122,619
    Hospitality
    $4,692,292
    Educational
    $3,903,932
    Medical
    $4,038,194
    Retail
    $6,072,782
29 Webster St, Naperville, Illinois

Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.7745
Longitude
-88.1518
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
$54,674
$444,270
$398,370
$842,640
-
$1,332,810
$1,195,110
$2,527,920

FAQs

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