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    376 Illinois Rte, Unit 59 Naperville, IL

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    For Lease
    Contact for pricing

    Retail space adjacent to a vibrant dining and entertainment district.

    Property size:
    1,350 SF
    Lot size:
    42.01 Acres

    Property Features for 376 Illinois Rte

    General Information

    Size
    1,350 SF
    Lot size
    42.01 Acres

    Source: Brixmor Property Group | Philadelphia Agent Mike Kurkowski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Entertainment District

    This 1,350 square foot retail space is located adjacent to Brixmor’s Block 59, a dining and entertainment district undergoing a $53 million redevelopment, with completion planned for 2026. The property benefits from a dense and affluent surrounding population. Within a 3-mile radius, the population exceeds 89,000, with average household incomes over $153,000, and 64% of residents holding a college degree. The area also has a strong daytime population of over 123,000 within 3 miles. The location draws an estimated 4.6 million visitors annually, ranking in the top 10% of similar centers in the market, according to Placer.ai data from 2024. The property is located on Illinois Route 59 in Naperville, IL.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.1437782
    Latitude
    41.7606321

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    FAQs

    What type of property is this?
    Retail space - Retail space adjacent to a vibrant dining and entertainment district.
    Where is this retail space located?
    The property is located at 376 Illinois Rte, Unit 59 Naperville, IL.
    What are key features of this property?
    This property features: - Located adjacent to Block 59, a vibrant dining and entertainment district undergoing a $53M redevelopment, set for completion in 2026.; - Surrounded by a highly affluent population with average household incomes of $153K+.; - Dense population of 89K+ within 3 miles.
    (610) 834-7799
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    376 Illinois Rte, Unit 59 Naperville, IL
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    Naperville, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    376 Illinois Rte, Unit 59 Naperville, IL
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