125 Washington St, Unit 27 Naperville, IL 60540-5332

Property Details for 125 Washington St

Year built

1925

Construction

BRICK

Lot size

0.08 lot acres

Property size

5,390 SF

Zone code

B

Property type

Investment properties

Property subtype

Live-work space

APN

07-13-423-020

APU

713423020

Description

This exceptional investment opportunity presents a fully occupied, multi-tenant retail property located in the vibrant heart of Downtown Naperville, Illinois. The property, encompassing 5,867 square feet across two stories, is situated on a 0.08-acre lot at 125 & 127 S Washington St, zip code 60540, within DuPage County's B-4 Downtown Core District zoning. Currently housing four thriving tenants – SIS Nails, Le Chocolat, and Ribblebox Escape – this property boasts 100% occupancy, generating a substantial Net Operating Income (NOI) of $194,638, resulting in a compelling 7.10% cap rate. The asking price is $2,750,000, translating to a price per square foot of $468.72. Built in 1925 and renovated in 1990, the property benefits from high foot traffic exposure in a densely populated area. The property's location within a 5-mile radius of 215,012 residents with an average household income of $145,926, coupled with historically low DuPage County taxes, ensures strong and stable cash flow. This is a Net Lease investment with a Gross Lease type, offering a secure and attractive return for investors. The property's APN is 07-13-423-020. This is a 1031 exchange eligible property. This is a rare opportunity to acquire a prime retail asset in a highly desirable location.

Location Insight

City

Naperville

County

Dupage

State

Illinois

Longitude

-88.1481

Latitude

41.7733

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments