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Property profile

508 River Rd Naperville, IL 60563

OFF-MARKET
Retail properties & Spaces
7,790 SF 0.88 ac lot
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Property summary

AI-generated overview

This exceptional 7,790 square foot retail building is situated on a 0.88-acre lot at the highly visible intersection of Route 34 and River Road in Naperville, Illinois (zip code 60563). Currently housing a well-established car wash and oil change business, this property presents a unique owner-user opportunity. The building features four drive-thru bays, two drive-in doors (DIDs), and one additional door specifically for the car wash operation. The asking price is $2,750,000, translating to a price per square foot of $353.02. The property is zoned B-3, allowing for a variety of commercial uses. The 2023 property taxes totaled $18,532.82. This prime location offers excellent visibility and accessibility, making it an ideal investment for both established businesses and new ventures. The current owner is open to selling the business along with the property, providing a turnkey opportunity for a prospective buyer. This is a rare chance to acquire a well-established business and a strategically located commercial property in a thriving Illinois market. Don't miss this chance to own a piece of Naperville's bustling commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,790 SF
Lot 0.88 ac (38,333 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

508 River Rd Naperville, IL 60563
Naperville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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