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    20 W Chicago Ave Naperville, IL 60540

    For Sale
    $3,500,000

    Two-story restaurant/retail space with outdoor patio in downtown Naperville.

    Property size:
    4,200 SF
    Lot size:
    0.09 Acres

    Property Features for 20 W Chicago Ave

    General Information

    Size
    4,200 SF
    Lot size
    0.09 Acres

    Source: Caton Commercial Agent Christina Caton Kitchel

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

    Overview

    Naperville Restaurant/Retail Opportunity For Sale

    This 4,200 square-foot property is located on Chicago Avenue in downtown Naperville, near the DuPage River and the Naperville Riverwalk. The property features a two-story outdoor patio overlooking the DuPage River. The space includes black iron, walk-in coolers, and kitchen plumbing. A mezzanine provides seating overlooking the two-story main floor entry. The location is inline with established eateries and nightlife, and is near national retailers and restaurants including Ramsay's Kitchen, Hugo's Frog Bar, Nike, Lush, and the Apple Store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Ben & Jerry’s, Dark Horse Pastries, Fat Rosie's Taco and Tequila Bar, Q-BBQ Naperville

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.1486373
    Latitude
    41.7711936

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    FAQs

    What type of property is this?
    Restaurant - Two-story restaurant/retail space with outdoor patio in downtown Naperville.
    Where is this restaurant located?
    The property is located at 20 W Chicago Ave Naperville, IL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime location on Chicago Ave. in downtown Naperville, near the Riverwalk and established dining/nightlife.; - Enjoy the **two-story outdoor patio overlooking the DuPage River.**; - Mezzanine seating area overlooks the two-story main floor entry.
    (312) 545-1035
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    Naperville, IL 60540
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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
    20 W Chicago Ave Naperville, IL 60540
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