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    Naperville Industrial Building with Cranes Title is generated by Realmo AI

    1555 Frontenac Road, Naperville, IL 60563

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    28,607 SF industrial building with cranes for lease.

    Type:Industrial
    Property size:
    28,607 SF
    Lot size:
    1.77 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 7 at 7:04 pm

    Property Features for 1555 Frontenac Road

    General Information

    Standard status
    Active
    Size
    28,607 SF
    Lot size
    1.77 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1980

    Spaces For Lease

    at 1555 Frontenac Road Contact us

    We can help!

    Listing Contact
    Joe Karmin
    Joe Karmin

    Listing agent Joe Karmin

    Listing office Transwestern | Rosemont

    Listing date Mar 7, 2026

    Source Transwestern

    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 Transwestern | Rosemont

    HighLights

    • Excellent Location: Seconds from I‑88, Eola Rd, and Rt 59.
    • Heavy Parking and Large Paved Site: Suitable for outside storage and expanded parking.
    • Industrial Building Features: Includes 3 interior docks, 4 drive‑in doors, and floor drains.
    • Crane Equipped: Features (2) 5‑Ton Cranes.
    • Substantial Power Supply: 800A 277/480V power.
    • Low Real Estate Taxes: Located in DuPage County with low real estate taxes, estimated at $2.16 PSF (2025).

    Overview

    The property available for lease is an industrial building with a size of approximately 28,607 square feet, situated at 1555 Frontenac Road in Naperville, Illinois. Constructed in 1980, the masonry building includes an office area of approximately 1,767 square feet. The building features floor drains, heavy parking, and a large paved site suitable for outside storage and expanded parking. It is located a short distance from I-88, Eola Road, and Route 59. The building has a ceiling height of approximately 17 feet and is equipped with three interior docks and four drive-in doors. It also includes two 5-ton cranes. The power supply is 800A 277/480V. Heating is provided by gas, and the building is equipped with a wet sprinkler system. The property is zoned I (Industrial District). The estimated real estate taxes are $2.16 per square foot (2025 Est.). The site has an area of approximately 1.77 acres. An adjacent building at 1567 Frontenac can be leased together for a combined total of approximately 68,641 square feet.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.2272889
    Latitude
    41.7954202

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    FAQs

    What type of property is this?
    Manufacturing property - 28,607 SF industrial building with cranes for lease.
    Where is this manufacturing property located?
    The property is located at 1555 Frontenac Road Naperville, IL.
    What are key features of this property?
    This property features: Excellent Location: Seconds from I‑88, Eola Rd, and Rt 59.; Heavy Parking and Large Paved Site: Suitable for outside storage and expanded parking.; Industrial Building Features: Includes 3 interior docks, 4 drive‑in doors, and floor drains.
    (847) 588-5670
    We can help!
    Listing Contact
    Joe Karmin
    Joe Karmin
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    1555 Frontenac Road, Naperville, IL 60563
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