43 E Jefferson Ave Naperville, IL 60540
The Jefferson Hill building is a mixed use restaurant, retail and office For Sale
Property size:
16,954 SFPrice / SF:
$259/SF- Added:
- May 15, 2025
- Days on Market:
- 342
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 43 E Jefferson Ave
General Information
- Standard status
- Active
- Property type
- Other mixed-use properties, Restaurants, Office buildings, Mixed-use properties, Retail properties & Spaces, Office properties & Spaces
- Size
- 16,954 SF
- Elevators
- N/A
Building Details
- Year Built
- 1845
- Buildings
- 1
- Stories
- 3
Listing agent Joel License #IL 475152032 (630) 270-6949
Listing office (630) 270-6949
Listing date May 15, 2025
Overview
Mixed-Use Building in Downtown Naperville
The Jefferson Hill building is a mixed-use property featuring restaurant, retail, and office spaces. This value-add investment offers immediate cash-flow with an actual NOI of $227,000 at 58% occupancy. There is immediate upside potential through the lease-up of over 6,500 square feet of retail and office space on the first and second floors. If fully occupied, the pro-forma NOI would exceed $440,000. The flexible B4 zoning allows for a variety of uses, and the location in Naperville’s parking district allows for development of the parking lot and expansion of the building to approximately 30,000 square feet. Onsite parking is available, and a public parking deck is located immediately across Jefferson Avenue. The property is located one block east of Washington Street on Jefferson Avenue in Downtown Naperville. Immediate area retail tenants include Athleta, Ramsay's Kitchen, Noodles and Co, Nando's Peri Peri, Gia Mia, ModPizza, Ulta Beauty, and Catch 35. Jefferson Hill is adjacent to North Central College, Naperville Community Concert Center, and Wentz Concert Hall. The original historic 1845 circa building was the home of Francis Kendall, Naperville's mayor from 1913 to 1917. The property size is 16,954 square feet. 2023 Taxes are $58,098.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Jaels Luxury Hair ...
Hair Salon
Young Naperville Singers
Association / Organization
AMS Wellness
Counselor
Carolyn J. Atkinson, ...
Physician
Jefferson Hill Building
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Naperville
- County
- Will
- State
- Illinois
- Longitude
- -88.1463
- Latitude
- 41.7638
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - The Jefferson Hill building is a mixed use restaurant, retail and office For Sale
Where is this mixed-use property located?
The property is located at 43 E Jefferson Ave Naperville, IL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Value‑Add Mixed Use Building in Downtown Naperville; 58% Occupancy - Strong Immediate Upside; Future Opportunity to Expand or Redevelop the Building
