Search
High Open-Ceiling Retail Space
For Lease
Contact for pricing

120-123 Water St, Naperville, IL 60540

Retail space with over 54 feet of frontage and a high, open ceiling in a riverfront mixed-use development.

Space SizeContact for details
Property Size297,580 SF
Days on Market531

Property Features for 120-123 Water St

General Information

Standard status Active
Size 297,580 SF
Class A
Property subtype Office
Zoning B4

Building Details

Building Size 297,580 SF
Year Built 2017
Buildings 1
Stories 5
Listing Agency: Caton Commercial
Listed By: Autumn Psaros · License #475171356
Source: Cpix.resimplifi
Added: Mar 24, 2025 Changed: Aug 16 Last Checked: Sep 5 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caton Commercial

Investment Insights

Based on property information with market context.

This retail space features over 54 feet of storefront frontage and a high, open ceiling, providing an efficient, flexible interior for a variety of retail concepts. The unit is positioned to present well to pedestrians along the storefront line.

The property is located just off the corner of Main St and Water St in downtown Naperville, within a riverfront mixed-use development that includes shops, restaurants, spas, and a hotel. The surrounding tenant mix supports active daytime and evening traffic patterns typical of a downtown destination setting.

Key Highlights

  • Year built 2017 retail space in a riverfront mixed‑use development.
  • Over 54 ft of retail store frontage.
  • High, open ceiling layout.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Food Market Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,748
Businesses Nearby
219k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Hotels & Casinos 13% Shops & Services 11% Apparel 10%
Hotel Indigo Naperville Riverwalk Hotels & Casinos
27,966 visits/mo 0.1 miles
Starbucks Dining
19,321 visits/mo 0.2 miles
Apple Store Electronics
17,825 visits/mo 0.2 miles
Sullivan's Steakhouse Dining
14,568 visits/mo 0.1 miles
Shell Shops & Services
12,612 visits/mo 0.3 miles

Demographics for 60540, IL

44,201
Population
16,253
Households
2.7
Avg Household Size
41
Median Age
72%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
3,349
Density / Sq Mi
$155,866
Median Household Income
$70,026
Median Earnings
$1,982
Median Rent
$504,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Little Luxuries 212 S Main St, Naperville, IL 60540
  • Ocie Florals 329 Center St, Naperville, IL 60540

Frequently Asked Questions

What type of property is this?
Storefront property - Retail space with over 54 feet of frontage and a high, open ceiling in a riverfront mixed-use development.
Where is this storefront property located?
The property is located at 120-123 Water St Naperville, IL.
What are key features of this property?
This property features: Year built 2017 retail space in a riverfront mixed‑use development.; Over 54 ft of retail store frontage.; High, open ceiling layout.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message