20 W Chicago Ave, Naperville, IL 60540
For Sale
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Exceptional opportunity to acquire a vacant restaurant building in the heart of vibrant downtown Naperville, Illinois. This 4,200 square foot, two-story retail property is situated on a 0.09-acre lot at 20 W Chicago Ave, zip code 60540, in DuPage County. The building boasts a desirable location directly on the Naperville Riverwalk, offering unparalleled visibility and access to a high volume of foot traffic. The property features a significant two-story outdoor patio overlooking the DuPage River, perfect for creating a unique and memorable dining experience. The interior includes existing black iron walk-in coolers and kitchen plumbing, significantly reducing build-out costs for a new operator. A mezzanine level provides additional seating overlooking the main floor entry. The asking price is $3,500,000. This property benefits from its proximity to numerous established restaurants and nightlife venues, national retailers (including Nike, Lush, and the Apple Store), and popular attractions such as North Central College and Wentz Concert Hall. Ample parking is available with 4,000 spaces nearby. This is a rare chance to own a restaurant space in one of the most sought-after locations in Naperville.
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
B · 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.