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Property profile & analytics
FOR LEASE
Retail space
2764 Aurora Ave Naperville, IL 60540
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1125196
For Lease
1 / 6
$28 SF/Yr
2764 Aurora Ave, Naperville, IL 60540
View Listing →
Property summary
AI-generated overview
This exceptional Class A retail strip center, Waterside Center, located at 2764 Aurora Ave in Naperville, IL 60540, offers a prime opportunity for businesses seeking high-traffic exposure. The property boasts a total of 52,101 square feet, with 2,400 square feet currently available for lease. Spaces range from a minimum of 2,400 square feet to a maximum contiguous space of 8,254 square feet, providing flexibility for various retail concepts. Built in 2004, this well-maintained center sits on a 5.97-acre lot in DuPage County and benefits from excellent visibility on Aurora Avenue, enhanced by two full access points, including a signaled entrance. The center enjoys a strong co-tenancy with established businesses such as Michael's arts and crafts (anchor tenant), Kiku Japanese Steakhouse, Massage Envy, Bernina, Bistro Manila, Legacy Physical Therapy, and the soon-to-open The Fun Place. This upscale retail environment, situated directly across from Block 59, provides an ideal location for businesses seeking a thriving and affluent customer base. The property's strategic location and impressive tenant mix create a compelling investment opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
55,020 SF
Lot
5.98 ac (260,489 SF)
Zoning code
C
APN
07-22-101-015
UPID
US28-1125196
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kiku Japanese Steak House & Sushi Lounge Restaurant
-
Absolute Integrated Heath Pain Management Center Naperville IL Physician
-
Legacy Physical Therapy and Wellness Medical Clinic
-
Renown Weight Loss Chicago Weight Loss Service
-
Bistro Manila of Naperville Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.08M
Owner & transaction history
E&s Management Group LLC · 8 yrs held
E&s Management Group LLC
since 2017
4 recorded transactions
Zoning & alternative use
C · Naperville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Naperville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naperville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,450,000
6.5%
$7,800,000
7%
$7,245,000
Blend value · Realmo final
$6.08M
Range $5.47M – $6.68M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$123,586
Tax year 2023
Assessed value
$1,848,370
Assessed 2023
Previous assessed
$2,185,340
-15.4% YoY
Effective rate
6.69%
On assessed value
Assessed land
$619,910
Assessed improvement
$1,228,460
Land market value
$1,859,730
Improvement market value
$3,685,380
Total market value
$5,545,110
Applied tax rate
7,030.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2004
Heating
NONE
Total area
55,020 SF
Lot
5.98 ac (260,489 SF)
Zoning code
C
APN
07-22-101-015
UPID
US28-1125196
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Naperville, IL
Zoning C · permitted uses
C · Naperville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naperville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
5.98 ac
Current owner
From public records · entity-resolved
E&s Management Group LLC
Entity
Mailing address
116 SETTLERS DR, NAPERVILLE, IL 60565-5437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
$6,100,000
E&s Management Group LLC
Wells Fargo Bank NA
Special Warranty Deed
$3,000,000 · Old Second National Bank
Feb 11, 2016
—
Wells Fargo Bk NA 2005-cibc11 Tr
Sheriff Of Dupage County|seagulls Naperville LLC
Trustees Deed
related
—
Jan 30, 2008
$13,750,000
Seagulls Naperville LLC
Real Estate Naperville LLC
Grant Deed
—
—
—
Real Estate Naperville LLC
—
Deed Of Trust
related
$9,200,000 · Cibc INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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