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Property profile & analytics

507 Washington St Naperville, IL 60540-6641

  • Banks
  • 1,200 SF
  • 0.48 lot acres
OFF-MARKET
Last Sale
Feb 22, 2024
$950,000
Value Estimations
$950,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1463474
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • BMO Harris Bank / Financial Consultant / Financial Institution
  • Debt Management / Credit Counseling Service
  • BMO Harris Bank ATM / Atm

Property Details for 507 Washington St

Year built
1977
Construction
BRICK
Lot size
0.48 lot acres
Property size
1,200 SF
Zone code
O
Property type
Banks
APN
07-24-204-021
APU
724204021

Description

This exceptional retail opportunity is located in the heart of downtown Naperville, Illinois, at 507 S. Washington Street, zip code 60540, in DuPage County. The property boasts a total of 4,500 square feet, with 4,850 square feet currently vacant and available for lease. Multiple spaces are available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,100 square feet. The building enjoys a highly visible location on two main thoroughfares, Washington Street and Aurora Avenue, ensuring excellent exposure to high traffic counts. This prime location places the property amongst a vibrant mix of national and local retailers, including well-known brands such as Apple, Lou Malnati's Pizzeria, Starbucks, and many others. The surrounding area offers numerous amenities, including proximity to North Central College and Wentz Concert Hall, which draw significant foot traffic and visitors annually. The property's strategic location within downtown Naperville, nestled amongst parks and entertainment venues, provides an unparalleled opportunity for businesses seeking high visibility and a thriving customer base. This is an exceptional chance to establish a presence in one of the most desirable retail locations in the area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $950,000
    ML approach
    $950,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Naperville
County
Dupage
State
Illinois
Longitude
-88.1488
Latitude
41.7696
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,293
$214,180
$283,530
$497,710
-
$642,540
$850,590
$1,493,130
More about this property
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