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Naperville Restaurant/Retail Opportunity For Sale
For Sale
$2,950,000

20 W Chicago Avenue, Naperville, IL 60540

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

Property Size4,200 SF
Days on Market280

Property Features for 20 W Chicago Avenue

General Information

Standard status Active
Size 4,200 SF
Property subtype Retail

Building Details

Building Size 4,200 SF
Listing Agency: Caton Commercial Real Estate Group
Listed By: Christina Caton Kitchel · License #475171356
Source: Catoncommercial
Added: Nov 25, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:59PM

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 Real Estate Group

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Restaurants

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.

Location Intelligence

Trade Area within ½ mile

2,748
Businesses Nearby
219k
Monthly Visits Nearby
Balanced
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
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Similar Off Market Nearby

  • Ben & Jerry’s 120 Water St Suite 106, Naperville, IL 60540
  • Fat Rosie's Taco and Tequila Bar 22 E Chicago Ave #111, Naperville, IL 60540, United States
  • Q-BBQ Naperville 103 S Main St, Naperville, IL 60540
  • Belgio's Catering 416 W 5th Ave, Naperville, IL 60563

Frequently Asked Questions

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 Avenue Naperville, IL.
What is the asking price?
The asking price for this property is $2,950,000.
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.
More about this property
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