507 S Washington St Naperville, IL 60540
For Lease
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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.
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Debt Management Financial Advisor
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BMO Harris Bank ATM Atm
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.