237 West Jefferson Avenue, Naperville, IL, 60540

237 West Jefferson Avenue Naperville, IL 60540

237 West Jefferson Avenue, Naperville, IL, 60540
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FOR SALE
Property Type:
Street Retail
Amount:
$1,680,000
Last Verified:
Apr 29, 2024

Highlights

  • Downtown Naperville directly across from the Naperville Public Library
  • Located on a prominent corner of Jefferson (82’ of frontage) and Eagle (121’)
  • 5 private parking spaces with 1-ADA space
  • Extensive exterior and interior renovations
  • Transitional Use Zoning just outside of the Central Business
  • District zoning provides for maximum possible permitted uses, including service based

Description

Offering 3,252 of above grade square footage as well as a 1,422 square foot basement. The first floor is 1,422 square feet and features a vestibule/lobby/reception/waiting area, open area salon with 6 stations, shampoo room, spa room, break room and restroom. The second floor is 1,260 square feet with private rooms for manicure-pedicure, barbershop, nursery, spray tan, estheticians and restroom. The 570 square foot, loft style 3rd floor is currently used primarily for storage but could be renovated for additional usable space. Partially finished 1,422 SF basement offers office, classroom, laundry-kitchenette and restroom. The building has 82’ of Jefferson Avenue frontage, and 121’ of frontage on Eagle Street.

Discover the charm of downtown Naperville, IL, a thriving destination for retail investment. The area surrounding the property is known for its vibrant mix of boutique shops, trendy eateries, and cultural attractions. Take a stroll along the picturesque Riverwalk, or explore the array of upscale retailers at the nearby Main Street Promenade. With its affluent population and strong community engagement, Naperville offers an exceptional market for street retail investment. From iconic landmarks like the Naper Settlement to the bustling energy of the Downtown Naperville Historic District, this location presents an enticing opportunity for savvy investors seeking a prime retail destination.

Building Size: 3252sq ft
Lot Size: 0 acres


Documents

Naperville - 237 Jefferson, CCK AP.pdf

Map of 237 West Jefferson Avenue, Naperville, IL, 60540

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.