You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Banks

507 S Washington St Naperville, IL 60540

1,200 SF 0.48 ac lot Built 1977
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-1463474
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1977
Construction BRICK
Total area 1,200 SF
Lot 0.48 ac (20,909 SF)
Zoning code O
APN 07-24-204-021
UPID US28-1463474
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
  • BMO Harris Bank Financial Advisor
  • Debt Management Financial Advisor
  • BMO Harris Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k
Owner & transaction history
Naperville Ventures 1 LLC · 2 yrs held
Naperville Ventures 1 LLC
since 2024
Last sale
$950,000
1 recorded transaction
2024
$950,000
Zoning & alternative use
O · Naperville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message