Luxury Motor Condo in
2240 West Ferry Road, Naperville, IL 60563
Three-story, 2,300 sq ft unit with deck and balcony.
Type:Industrial
Property size:
7,030 SFPrice / SF:
$170/SF- Added:
- May 20, 2026
- Days on Market:
- 12
- Last Refresh:
- May 21 at 7:27 am
Property Features for 2240 West Ferry Road
General Information
- Standard status
- Active
- Size
- 7,030 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2017
Listing agent Lee Ernst License #NRDS 377512759
Listing office eXp Realty, LLC
Listing date May 20, 2026
Source Crexi
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 eXp Realty, LLC
HighLights
- Rare three‑story motor condo with 2,300 sq ft, deck, and balcony overlooking a serene preserve.
- Expansive garage space with built‑in bar and bathroom, ideal for entertaining or showcasing vehicles.
- Upscale kitchen with high‑end cabinetry and counters, massive wine coolers, and access to a private balcony.
- Flexible third‑floor space suitable for an office, creative projects, or private retreat.
- Includes two full baths and one ½ bath, all finished with luxury materials.
- Convenient dumbwaiter connecting all levels.
Overview
This three-story unit offers 2,300 sq ft of space, including a deck and a balcony overlooking a preserve. The main level features a full-width deck and an expansive garage space with a built-in bar and bathroom, suitable for entertaining, showcasing vehicles, or hosting private events. The second floor includes a full upscale kitchen with high-end cabinetry and counters, a spacious hangout area, massive wine coolers, and access to a private balcony with views of the preserve. The third floor provides a large flexible space suitable for an office or executive suite, ideal for work, creative projects, or a private retreat. The unit includes two full baths and one half bath, all finished with luxury materials. A convenient dumbwaiter connects all levels. This luxury garage is located within a gated automotive community in Naperville.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.8k | $20.88 |
| − Vacancy | −$36.0k | −$5.12 |
| EGI | $110.8k | $15.76 |
| − OpEx | −$27.7k | −$3.94 |
| NOI | $83.1k | $11.82 |
7,030 SF · lease $20.88/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,118 @ 7.0% cap · market cap 6.93%
Second Best
Industrial
$1.03M
$897.2K – $1.20M
NOI $71,778 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,078 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Places Nearby
- Excel Railcar Corporation — 28367 Davis Pkwy STE 300, Warrenville, IL 60555
- Hertz Car Rental - Warrenville - Cantera Ii Bp HLE — 28301 Ferry Rd, Warrenville, IL 60555
Location Insight
- Map
- Local Demand
- City
- Naperville
- County
- Will
- State
- Illinois
- Longitude
- -88.212541
- Latitude
- 41.8084215
Nearby Similar for Sale
FAQs
What type of property is this?
Parking lot & garage - Three-story, 2,300 sq ft unit with deck and balcony.
Where is this parking lot & garage located?
The property is located at 2240 West Ferry Road Naperville, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Rare three‑story motor condo with 2,300 sq ft, deck, and balcony overlooking a serene preserve.; Expansive garage space with built‑in bar and bathroom, ideal for entertaining or showcasing vehicles.; Upscale kitchen with high‑end cabinetry and counters, massive wine coolers, and access to a private balcony.
