540 Weston Ridge Dr Naperville, IL 60563
- Commercial land
- 1.70 lot acres
Current Use by Public Records
- Commercial land
Property Details for 540 Weston Ridge Dr
- Lot size
- 1.70 lot acres
- Zone code
- C
- Property type
- Commercial land
- APN
- 07-16-201-020
- APU
- 716201020
Description
This exceptional 2-acre commercial land parcel offers a recently improved parking lot ideal for various uses. Previously utilized for Metra overflow parking, it boasts 167 spaces available for lease at a competitive rate of $80-100 per space monthly. The property enjoys a highly desirable location just 200 yards from the Naperville Route 59 Metra station, providing convenient access for commuters. Its strategic proximity to the I-88 expressway and the bustling Route 59 commercial corridor ensures high visibility and accessibility. Currently zoned B3, the property permits car and van parking, with potential for truck or storage use subject to Naperville city approval. To enhance security, the installation of security cameras and fencing is available as an option for tenants with acceptable lease terms. Flexible lease terms and partial space rentals are also available, making this a versatile and attractive investment opportunity. The property's location and amenities make it an excellent choice for businesses seeking convenient and well-situated parking solutions for employees or customers. This is a rare opportunity to acquire a well-maintained, strategically located parking lot in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Naperville
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2129
- Latitude
- 41.7803
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
