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    237 Jefferson Ave Naperville, IL 60540

    Sponsored
    For Sale
    $1,680,000

    Prime Naperville location, vacant, 3,252 SF

    Property size:
    3,252 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,252 square foot executive office building is ideally situated in the heart of downtown Naperville, directly across from the Naperville Public Library. Boasting a prominent corner location with 82 feet of frontage on Jefferson Avenue and 121 feet on Eagle Street, this property offers unparalleled visibility and accessibility. The building features a thoughtfully designed layout, including a first floor with a vestibule/lobby/reception/waiting area, an open salon space with six stations, a shampoo room, a spa room, a break room, and a restroom. The second floor comprises 1,260 square feet with private rooms perfect for manicure-pedicure services, a barbershop, a nursery, spray tanning, esthetician services, and an additional restroom. A 570 square foot loft-style third floor, currently used for storage, presents a significant opportunity for expansion or renovation. A partially finished 1,422 square foot basement offers versatile space, including office areas, a classroom, a laundry/kitchenette, and a restroom. The property includes five parking spaces, one of which is ADA compliant. Extensive interior and exterior renovations have been completed. The transitional use zoning allows for a wide range of permitted uses, including service-based businesses, retail, office, or residential on the first floor, making this a highly versatile investment opportunity in a thriving downtown location. Asking price is $1,680,000.

    Property Features for 237 Jefferson Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,252 SF

    HighLights

    • Downtown Naperville location, directly across from the Naperville Public Library.
    • Prominent corner lot with 82 feet of frontage on Jefferson Avenue and 121 feet on Eagle Street.
    • Five parking spaces, including one ADA‑compliant space.
    • Extensive interior and exterior renovations recently completed.
    • Transitional Use Zoning allows for diverse uses including service, retail, office, or residential on the first floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    C'zar Salon Spa ... Hair Salon

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    DuPage
    State
    Illinois
    Longitude
    -88.1526396
    Latitude
    41.7733061

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Naperville location, vacant, 3,252 SF
    Where is this office property / space located?
    The property is located at 237 Jefferson Ave Naperville, IL.
    What is the asking price?
    The asking price for this property is $1,680,000.
    What are key features of this property?
    This property features: Downtown Naperville location, directly across from the Naperville Public Library.; Prominent corner lot with 82 feet of frontage on Jefferson Avenue and 121 feet on Eagle Street.; Five parking spaces, including one ADA-compliant space.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    237 Jefferson Ave Naperville, IL 60540
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