
224 S Main St., Downtown Naperville, IL Building
MLS # 12441003
Marketing description
Prime Investment Opportunity in Downtown Naperville, Illinois Located in the heart of the downtown core area of 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. Lots of vehicle and pedestrian traffic. 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. Make an offer.
Investment highlights
Approximately 3 years remaining on the tenant's lease. Only the building is for sale, not the business. This property was gutted in 1998 with new electrical and plumbing. Then renovated again in 2018 with updates, new roof and roof top unit that have been regularly maintained.
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