1320 Route 59Naperville, IL 60563

  • Retail properties
  • 78,792 SF
For Lease
$20/SF/YR View listing

Property Details for 1320 Route 59

Year built
2007
Lot size
7.38 AC
Property size (Sq ft)
78,792 SF
Property type
Retail properties
Property subtype
Retail space
APN
07-10-314-010
APU
710314010

Description

This exceptional retail space, totaling 1,177 square feet, is situated within the highly visible Design Pointe Center in Naperville, Illinois, at 1320 N Rte 59, zip code 60563. The property is part of a larger 78,899 square foot strip center in DuPage County, boasting a strong tenant mix including established businesses such as McDonald's and Chase Bank (outlots), Luna Flooring, Studio 41, and the Great American Sub Company. This particular unit is one of several available spaces ranging in size from 1,177 to 2,835 square feet. The center enjoys excellent visibility and accessibility, with over 45,000 vehicles passing daily on Route 59. Many units offer convenient rear drive-in doors for efficient loading and unloading. Ample on-site parking is available for customers and employees. The property is exceptionally well-maintained, reflecting a commitment to providing a high-quality environment for tenants. The landlord is highly motivated to lease this space. This prime location offers unparalleled opportunity for businesses seeking high visibility and strong foot traffic in a thriving Naperville community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,913,442
    6.5%
    $19,304,716
    7%
    $17,925,806
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,158,022
    Geo Method
    $25,861,898
  • Alternative Use

    Use
    Valuation
    Residential
    $16,284,249
    Hospitality
    $14,916,285
    Educational
    $12,410,174
    Medical
    $12,836,979
    Retail
    $19,304,716
1320 Route 59, Naperville, Illinois

Location Insight

City
Naperville
County
Dupage
State
Illinois
Latitude
41.79
Longitude
-88.2042
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
$125,371
$765,030
$1,110,040
$1,875,070
-
$2,295,090
$3,330,120
$5,625,210

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