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Grocery-Anchored Shopping Center
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1256-1290 East Chicago Avenue, Naperville, IL 60540

Multi-tenant retail center with grocery anchor, triple-net leases, and multiple access points.

Property Size67,632 SF
Lot Size7.35 Acres
Days on Market145

Property Features for 1256-1290 East Chicago Avenue

General Information

Standard status Active
Size 67,632 SF
Lot size 7.35 Acres
Property subtype Retail
Occupancy 97%

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Butera Finer Foods
Traffic Count 16,400 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Brian Parmacek · License #IL 475.132220
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:42AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This 67,632-square-foot shopping center occupies 7.35 acres and is anchored by Butera Finer Foods. The property is 96.5 percent occupied, with additional tenants including My Travel Agent, Custom Cabinet, Peterson Spirits & Fine Wine, Pepe’s Mexican Restaurant, Envision Dance Studio, and Club Pilates. Multiple access points, on-site parking, and pylon signage support the center’s retail configuration.

Ninety-eight percent of the tenants operate under triple-net leases, with an average tenancy of 10 years. Butera has operated at the property since 1993 and recently extended its lease for five years. The center is located at 1256-1290 East Chicago Avenue in Naperville, less than one mile from downtown Naperville and directly across from Naperville Country Club. Chicago Avenue traffic exceeds 16,400 vehicles per day.

Key Highlights

  • 67,632 square feet on 7.35 acres
  • Grocery‑anchored center with 96.5 percent occupancy
  • 98 percent of tenants operate under triple‑net leases

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Dental Office Nail Salon

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

16,400 VPD
Traffic count
96.5%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with grocery anchor, triple-net leases, and multiple access points.
Where is this shopping center located?
The property is located at 1256-1290 East Chicago Avenue Naperville, IL.
What are key features of this property?
This property features: 67,632 square feet on 7.35 acres; Grocery‑anchored center with 96.5 percent occupancy; 98 percent of tenants operate under triple‑net leases
(224) 619-6808 Call to check price and availability
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