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    1328 Illinois Rte Naperville, IL 60564

    For Sale
    $3,750,000

    5.25 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5.25-acre commercial land parcel presents a remarkable investment opportunity in Naperville, Illinois. Strategically located at 1328 Illinois Route 59, this property enjoys unparalleled visibility and accessibility, situated on a major north-south thoroughfare with high daily vehicle counts (56,941 VPD on Route 59 and a combined 57,630 VPD at the intersection with Platinum Avenue). Its proximity to the I-88 and Route 59 interchange (approximately one mile north) further enhances its strategic value, providing convenient access to a vast regional market. The property is zoned (PUD) B-2, designated as a Neighborhood Shopping Center District, allowing for a wide range of development possibilities. This location benefits from its proximity to established retail giants, including the Fox Valley Mall (approximately two miles away), boasting over 1.5 million square feet of retail space and more than 120 tenants. The immediate area is also home to a diverse mix of national and local businesses such as Starbucks, Wendy's, McDonald's, Panera Bread, Dollar Tree, Chase Bank, and Grand Appliance and TV, creating a vibrant and thriving commercial environment. The DuPage County location offers desirable demographics and a favorable tax basis, making this a compelling investment prospect for developers seeking a high-traffic, well-established commercial location. The asking price for this exceptional property is $3,750,000.

    Property Features for 1328 Illinois Rte

    General Information

    Property type
    Land
    Lot Size
    228,690 SF

    HighLights

    • 5.25‑acre commercial land parcel available for development.
    • Favorable PUD B‑2 zoning; Neighborhood Shopping Center District.
    • One mile south of I‑88 and Route 59 interchange; combined 114,571 VPD.
    • Two miles from Fox Valley Mall (1.5M+ SF retail).
    • Desirable DuPage County location with strong demographics and tax benefits.
    • Excellent location surrounded by national retailers including Starbucks, Wendy's, McDonald's, Panera Bread, Dollar Tree, Chase Bank, and Grand Appliance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Naperville
    County
    Dupage
    State
    Illinois
    Longitude
    -88.204671692307
    Latitude
    41.787987465504

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    FAQs

    What type of property is this?
    Land - 5.25 Acres, Prime Location
    Where is this land located?
    The property is located at 1328 Illinois Rte Naperville, IL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: 5.25-acre commercial land parcel available for development.; Favorable PUD B-2 zoning; Neighborhood Shopping Center District.; One mile south of I-88 and Route 59 interchange; combined 114,571 VPD.
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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
    1328 Illinois Rte Naperville, IL 60564
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