$1,400,000

224 S Main Street, Naperville, IL 60540

  • 2,733 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $512/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Investment Opportunity in Downtown Naperville, Illinois Located in the heart of downtown Naperville's vibrant business district, 224 S. Main Street offers a rare opportunity to own a fully leased commercial building just steps from the Naperville Riverwalk and North Central College. This property is currently home to the popular Allegory Restaurant, a well-known dining destination in the area. The existing tenant lease has approximately three years remaining, offering immediate rental income and stable cash flow. Positioned along Main Street's high-foot-traffic corridor, this location benefits from excellent visibility, steady pedestrian activity, and proximity to nearby parking, boutique shops, and established restaurants. Only the building is for sale, the business is not included. Whether you're expanding a real estate portfolio, seeking a 1031 exchange investment, or looking for a long-term income property in one of the most desirable downtowns in Illinois, 224 S. Main Street, Naperville represents a unique and high-demand opportunity.

Listing Status:
Active
Listing Office:
Coldwell Banker Real Estate Group : 815-436-2232
Listing Agent:
Bruce Meyer : 630-220-9297
MLS ID:
12441003
  • A/C: Central Air
  • Road/Access: City Street
  • Originating MLS: mred
  • County: DuPage
  • Zoning: COMMR0713430033
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Bruce Meyer, Coldwell Banker Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Naper Elementary School

39 S Eagle St, Naperville, IL, 60540

Grades KG-4

0.25 miles away

W

Washington Junior High School

201 N Washington St, Naperville, IL, 60540

Grades 5-8

0.37 miles away

N

Naperville Central High School

440 Aurora Ave, Naperville, IL, 60540

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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