237 W Jefferson Ave Naperville, IL 60540
For Sale
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This exceptional 3,252 square foot executive office building is ideally situated in the heart of downtown Naperville, directly across from the Naperville Public Library. Boasting a prominent corner location with 82 feet of frontage on Jefferson Avenue and 121 feet on Eagle Street, this property offers unparalleled visibility and accessibility. The building features a thoughtfully designed layout, including a first floor with a vestibule/lobby/reception/waiting area, an open salon space with six stations, a shampoo room, a spa room, a break room, and a restroom. The second floor comprises 1,260 square feet with private rooms perfect for manicure-pedicure services, a barbershop, a nursery, spray tanning, esthetician services, and an additional restroom. A 570 square foot loft-style third floor, currently used for storage, presents a significant opportunity for expansion or renovation. A partially finished 1,422 square foot basement offers versatile space, including office areas, a classroom, a laundry/kitchenette, and a restroom. The property includes five parking spaces, one of which is ADA compliant. Extensive interior and exterior renovations have been completed. The transitional use zoning allows for a wide range of permitted uses, including service-based businesses, retail, office, or residential on the first floor, making this a highly versatile investment opportunity in a thriving downtown location. Asking price is $1,680,000.
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C'zar Salon Spa - Naperville Hair Salon
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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