Renovated Two-Story Office
849 N Ellsworth Street Naperville, IL 60563
849 N Ellsworth Street, Naperville, IL, 60563
$875,000
For Sale
$875,000
Well-maintained two-story office building with renovated interiors, updated electrical, LED lighting, new carpet, and separate floor metering.
Property Size2,983 SF
Price / SF$293.33
Days on Market330
Property Features for 849 N Ellsworth Street
General Information
- Standard status
- Active
- Size
- 2,983 SF
- Property subtype
- Office
Building Details
- Year Built
- 1950
Listing agency
Brummel Properties, Inc.
(630) 699-3536
Listed by
Anthony Brummel · License #471015302
(630) 699-3536
Source
Xome
Added: Aug 28, 2025 Updated: Jul 22 at 8:46PM Checked: Jul 22 at 8:46PM
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 Brummel Properties, Inc.
Investment Insights
Based on property information with market context.
This well-maintained, recently renovated two-story office building includes a partially finished basement and multiple private offices suitable for professional office suites. Recent improvements are noted throughout, including updated electrical systems, energy-efficient LED lighting, and new carpet. The first and second floors are separately metered, providing flexibility for multi-tenant occupancy or owner-user configurations.
The property benefits from strong daily traffic counts of approximately 28,000 vehicles, supporting high visibility for office users. It also offers ample on-site parking and a monument sign for business identification.
Convenient access to major transportation corridors is highlighted, including I-88 and I-355, with nearby Metra service and public transportation options. The location is described as minutes from downtown Naperville, with proximity to dining, retail, and business amenities.
The property benefits from strong daily traffic counts of approximately 28,000 vehicles, supporting high visibility for office users. It also offers ample on-site parking and a monument sign for business identification.
Convenient access to major transportation corridors is highlighted, including I-88 and I-355, with nearby Metra service and public transportation options. The location is described as minutes from downtown Naperville, with proximity to dining, retail, and business amenities.
Key Highlights
- Well‑maintained two‑story office building with partially finished basement, built in 1950
- Recently renovated interiors including new carpet, updated electrical, and energy‑efficient LED lighting
- Central A/C with Zone cooling
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 | $62.3k | $20.88 |
| − Vacancy | −$15.3k | −$5.12 |
| EGI | $47.0k | $15.76 |
| − OpEx | −$11.8k | −$3.94 |
| NOI | $35.3k | $11.82 |
2,983 SF · lease $20.88/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$503.8K
$440.9K – $587.8K
NOI $35,269 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.3K
$589.2K – $785.6K
NOI $47,133 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brummel Properties
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-maintained two-story office building with renovated interiors, updated electrical, LED lighting, new carpet, and separate floor metering.
Where is this office building located?
The property is located at 849 N Ellsworth Street Naperville, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Well‑maintained two‑story office building with partially finished basement, built in 1950; Recently renovated interiors including new carpet, updated electrical, and energy‑efficient LED lighting; Central A/C with Zone cooling
