Naperville, IL Property For Sale and Lease

eXp Commercial is pleased to present to market 1120 E Ogden Avenue, a highly visible 10,860 square foot retail-office property on 1.26 acres in desirable affluent Naperville, Illinois, along the I-88 E-W corridor approximately 28 miles west of Chicago. The property is currently owner-occupied and will be fully vacated shortly after closing, with the seller seeking approximately 60 days of post-closing possession. Flexible B3 zoning allows for a number of retail and office uses, ideal for an investor, owner-user, or redevelopment of the property.

Ogden Avenue is a major arterial highway, running southwest from the near west side of Chicago to the far western suburb of Montgomery. Average daily traffic counts along this stretch of Ogden Ave are 27,000 cars per day and are just minutes from the I-88 E-W Tollway. There has been considerable new development and redevelopment along Ogden Avenue in Naperville. This is due in part to the city's Ogden Avenue Corridor Enhancement Initiative, which is a comprehensive plan to improve the corridor's transportation, land use, and appearance. Notable new development along this corridor includes a new 161,000-square-foot Costco. The City of Naperville is offering grants to property owners and business owners along Ogden Avenue to help pay for signage, landscaping, building facades, and access improvements. The goal of the grant program is to improve the overall appearance and appeal of the Ogden Avenue corridor.

Naperville is one of the wealthiest suburbs in the Chicago area, with a median household income of $135,772, well above the national average of $67,521. The city's high income levels are due in part to its strong economy, which is home to a number of Fortune 500 companies, including Edward-Elmhurst Health, Navistar, Tellabs, Grainger, Dover, and Exelon. Additionally, Naperville has a highly educated workforce, with over 60% of residents holding a bachelor's degree or higher, and is home to one of the top liberal arts colleges in the Midwest, North Central College.

Naperville has a vibrant downtown area with shops, restaurants, and bars and has two Metra train stations, providing a convenient and affordable way to commute to and from Chicago. Naperville has a variety of public and private schools that are ranked among the best in the state. Naperville has a very low crime rate, making it a safe place to live and raise a family. It is consistently ranked as one of the top places to live in the United States.

PROPERTY HIGHLIGHTS

2nd floor office/studio space available in the heart of downtown

Naperville

Immediately adjacent to a free public parking surface lot and street front

parking

Prominent building/monument signage available

Excellent visibility and access at the corner of Weber and Jefferson St

Sought-after downtown retail corridor

Complete building renovation in progress

Outdoor patios with covered trellis, landscaping, trees, and upscale amenities

Dual entry on Jefferson Ave. and via the city’s Van Buren parking lot

Signage opportunities on both points of entry

Planned renovations will included patios with covered trellis, new landscaping and trees

Sought-after downtown retail corridor

Complete building renovation in progress

Outdoor patios with covered trellis, landscaping, trees, and upscale amenities

Dual entry on Jefferson Ave. and via the city’s Van Buren parking lot

Signage opportunities on both points of entry

Planned renovations will included patios with covered trellis, new landscaping and trees

Highlights

Sought-after downtown retail corridor

Complete building renovation in progress

Outdoor patios with covered trellis, landscaping, trees, and upscale amenities

Dual entry on Jefferson Ave. and via the city’s Van Buren parking lot

Signage opportunities on both points of entry

Planned renovations will included patios with covered trellis, new landscaping and trees

Highlights

Sought-after downtown location with Washington Street frontage; just south of Jefferson Ave

Restaurant build-out

Public parking garage immediately behind property

Surrounding retailers include Tapville, Aloha Poke, BD’s Mongolian Grill, Noodles and Company

Highlights

Sought-after downtown location with frontage on the west side of Washington Street; just north of Jefferson Ave

Public surface parking lot immediately behind property

Surrounding retailers include Zazu Salon, Le Chocolat du Bouchard, Ulta, Athleta, and Noodles and Company

Opportunity for small outdoor patio

PROPERTY HIGHLIGHTS

3.72 Acres of land zoned for residential development

Beautiful, wooded parcel near Whalon Lake

Density allows for 6 single family homes

Electric provided to site and easy access to water, sewer, and gas

Highlights

Rare opportunity to purchase a turnkey restaurant space

Restaurant features a party room, enclosed patio, separate entrance and counter for delivery and take-out service

High-end finished throughout including custom glass artwork and four tornado fireplaces

State of art sound and lighting system

Scrolling electronic message board on Route 59 with 2 minute intervals of advertising throughout the day

Well managed and maintained center with low HOA dues

The restaurant is the main tenant in the center with parking for over 200 cars available

Confidential - Do not disturb current tenant

- Located in the heart of downtown naperville at prominent corner of jefferson and webster

- Built-out office space ready for move-in

- Building signage opportunities

- Free public parking immediately behind building

- Elevator access

- Entrance on jefferson st. And from city’s paw paw parking lot

- Located in the heart of downtown naperville at prominent corner of jefferson and webster

- Beautifully built-out office space and former fitness space ready for move-in

- Building signage opportunities

- Free surface parking lot immediately behind building

- Elevator access

- Building tenants include sephora, warby parker, apple (office space), wells fargo (office)