1770 Park StNaperville, IL 60563

  • Office properties
  • 1,900 SF
For Sale
$695,000 View listing

Property Details for 1770 Park St

Year built
1998
Construction
BRICK
Lot size
2.87 AC
Property size (Sq ft)
1,900 SF
Zone code
C
Property type
Office properties
Property subtype
Other office properties
APN
07-01-414-007
APU
701414007

Description

This exceptional 5,942-square-foot traditional office condo, located at 1770 Park Street in Naperville, Illinois, presents a unique opportunity for immediate occupancy. Built in 1999, this single-tenant space (APN: 07-01-414-023) is completely furnished and ready for your business. The layout includes ten private offices, fifteen workstations, a dedicated conference room, and a convenient kitchen area. The property's prime location offers easy access to I-88 via Diehl Road, placing your business within reach of a wide array of dining options. The entire 5,942 square feet is currently vacant, providing flexibility for a variety of business needs. This is a first-floor unit, offering convenient access and visibility. The property is available for sale or lease, making it an ideal solution for businesses seeking a turnkey office space in a thriving Naperville location. The zip code is 60563. This fully furnished space eliminates the need for extensive setup and allows for immediate productivity. The property's modern design and convenient amenities make it an attractive option for businesses of all sizes.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $343,068
    6.5%
    $316,678
    7%
    $294,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $192,894
    Geo Method
    $247,475
  • Alternative Use

    Use
    Valuation
    Residential
    $392,680
    Hospitality
    $359,693
    Educational
    $299,260
    Medical
    $309,552
    Retail
    $465,516
1770 Park St, Naperville, Illinois
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Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.8009
Longitude
-88.1479
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,658
$19,080
$68,120
$87,200
-
$57,240
$204,360
$261,600

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