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    111-123 W Jefferson Ave Naperville, IL 60540

    For Lease
    $40 SF/Yr ($8,333 /Mo)

    2,500 SF retail space in downtown Naperville for lease.

    Property size:
    2,500 SF
    Lot size:
    0.38 Acres

    Property Features for 111-123 W Jefferson Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.38 Acres

    Source: John Greene Commercial Agent Shamus Conneely

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

    Overview

    Prime Retail Space in Naperville

    This 2,500 square foot retail space is available for lease. The property is zoned B-4 (Downtown Core District) and is located in downtown Naperville, directly across from Apple Main Place. It shares a building with Anderson's Bookstore and is near national retailers and restaurants such as Starbucks Reserve, Lou Malnati's, Hugo's Frog Bar, Ramsey Kitchen, Lululemon, Nike, and Pandora. Local attractions such as The Naperville Riverwalk, Nichols Library, and Centennial Beach are easily accessible. Multiple parking garages are available within a 5-block radius.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.1501296
    Latitude
    41.7732847

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    FAQs

    What type of property is this?
    Retail space - 2,500 SF retail space in downtown Naperville for lease.
    Where is this retail space located?
    The property is located at 111-123 W Jefferson Ave Naperville, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space in the heart of downtown Naperville.; - Located directly across from Apple Main Place.; - Shares a building with Anderson's Bookstore.
    (773) 814-3378
    Request Owner's contact information
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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
    111-123 W Jefferson Ave Naperville, IL 60540
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