540 Weston Ridge DrNaperville, IL 60563

Property Details for 540 Weston Ridge Dr

Lot size

1.70 AC

Zone code

C

Property type

Commercial land

APN

07-16-201-020

APU

716201020

Description

This exceptional 2-acre commercial land parcel offers a recently improved parking lot ideal for various uses. Previously utilized for Metra overflow parking, it boasts 167 spaces available for lease at a competitive rate of $80-100 per space monthly. The property enjoys a highly desirable location just 200 yards from the Naperville Route 59 Metra station, providing convenient access for commuters. Its strategic proximity to the I-88 expressway and the bustling Route 59 commercial corridor ensures high visibility and accessibility. Currently zoned B3, the property permits car and van parking, with potential for truck or storage use subject to Naperville city approval. To enhance security, the installation of security cameras and fencing is available as an option for tenants with acceptable lease terms. Flexible lease terms and partial space rentals are also available, making this a versatile and attractive investment opportunity. The property's location and amenities make it an excellent choice for businesses seeking convenient and well-situated parking solutions for employees or customers. This is a rare opportunity to acquire a well-maintained, strategically located parking lot in a thriving commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $15,304,615

  Hospitality

  $14,018,945

  Educational

  $11,663,598

  Medical

  $12,064,727

  Retail

  $18,143,374

Location Insight

City

Naperville

County

Dupage

State

Illinois

Latitude

41.7803

Longitude

-88.2129

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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