101 Washington St Naperville, IL 60540-4511
This stunning, 3,744 square foot, two-story office building, located at 101 N Washington St, Naperville, IL 60540, presents a unique owner-user opportunity. Built in 1867, this Class D property features 10 on-site parking spaces and sits on a 13,965 square foot lot. Currently 77% occupied by four tenants under a gross lease, the building offers nine private offices, a reception area, conference room, and break room. A full unfinished basement provides additional storage. The property's Transitional Use (TU) zoning allows for diverse uses including single-family, multi-tenant, commercial services, and general services. With 133 feet of Washington Street frontage, this high-visibility location benefits from heavy traffic. The asking price is $850,000 ($227.03/sq ft). The property's prime downtown location offers easy access to a thriving community, and the surrounding area boasts a strong demographic profile with 5,250 households within a one-mile radius, averaging $155,784 in household income and a $448,756 median home value. Monthly lease options are available. This is an exceptional opportunity to acquire a historic building with significant potential in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O · Naperville, ILNaperville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.