Two-Story Office
For Sale
$870,000
849 N Ellsworth St, Naperville, IL 60563
Renovated professional office property with private offices, separate floor metering, on-site parking, and monument signage.
Property Size2,983 SF
Price / SF$291.65
Days on Market74
Property Features for 849 N Ellsworth St
General Information
Standard status
Active
Size
2,983 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
monument sign
Building Details
Year Built
1950
Buildings
1
Stories
2
Abandoned
No
Listing Agency:
Brummel Properties, Inc.
Listed By:
Anthony Brummel · License #471015302
(630) 699-3536
Source:
Bktchicago
Added: Aug 2
Changed: Sep 28
Last Checked: Oct 7 at 1:55PM
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 1950 office building offers two levels of workspace plus a partially finished basement. The property includes multiple private offices, updated electrical systems, LED lighting, and new carpeting. Separate meters serve the first and second floors, supporting either multi-tenant occupancy or an owner-user arrangement. On-site parking and a monument sign provide practical support for occupants and business identification.
The property is in Naperville with reported daily traffic of approximately 28,000 vehicles. Access to I-88 and I-355, nearby Metra service, and public transportation connects the building with surrounding business, dining, and retail amenities. Downtown Naperville is just minutes away.
The property is in Naperville with reported daily traffic of approximately 28,000 vehicles. Access to I-88 and I-355, nearby Metra service, and public transportation connects the building with surrounding business, dining, and retail amenities. Downtown Naperville is just minutes away.
Key Highlights
- Two‑story office building constructed in 1950 with a partially finished basement
- Multiple private offices support professional suite configurations
- First and second floors are separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,269
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,380
$705.4K
Cap Rate 7%
$503,843
$503.8K
Cap Rate 9%
$391,878
$391.9K
Market Conditions
NOI Build-Up for 2,983 SF
Gross rent
$62.3K $20.88/SF
− Vacancy
−$15.3K −$5.12/SF
EGI
$47.0K $15.76/SF
− OpEx
−$11.8K −$3.94/SF
NOI
$35.3K $11.82/SF
Area
Naperville, IL
Vacancy
24.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,380
Cap Rate 7%
$503,843
Cap Rate 9%
$391,878
Alternative Uses
Best Use
Office B
$503.8K
$440.9K – $587.8K
NOI $35,269 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.3K
$589.2K – $785.6K
NOI $47,133 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
Explore this area
Business Placement
Demographics for 60563, IL
37,997
Population
16,911
Households
2.2
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
14.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$106,207
Median Household Income
$71,782
Median Earnings
$1,786
Median Rent
$422,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated professional office property with private offices, separate floor metering, on-site parking, and monument signage.
Where is this office building located?
The property is located at 849 N Ellsworth St Naperville, IL.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Two‑story office building constructed in 1950 with a partially finished basement; Multiple private offices support professional suite configurations; First and second floors are separately metered
