Office Medical
Office Covered Land Site | Downtown Naperville
29 S Webster St, Naperville, IL 60540
Listing Price: Request For Offer
Investment Overview
29 S. Webster is an operating office building offering investors upside potential. The 20,766 square-foot property, situated on a 1.02-acre lot, is currently 79% occupied—providing a stabilized cash flow with additional upside through further leasing. Future
value may also be realized through potential redevelopment, making this a compelling covered land play in the heart of Downtown
Naperville. The property is surrounded by a vibrant mix of retail, dining, and mixed-use developments, along with newly constructed single-family homes priced around $3 million. It benefits from Downtown Naperville’s dynamic environment and excellent foot traffic, highlighted by 102 shopping, 77 dining, and 147 service destinations, as well as close proximity to the Naperville Metra Station. The property offers 85 dedicated on-site parking spaces, a rare amenity in Downtown Naperville. In addition, it is positioned diagonally across from the Paw Paw Lot (119 public parking spaces) and near Downtown Naperville’s 4,000 free public parking spaces. Exceptional demographics, including an average household income of $169,959 and strong projected area growth, further enhance the property’s long-term investment appeal.
Office Covered Land Site | Downtown Naperville
Investment Highlights
- Add value office in highly desirable downtown Naperville | 4,457 square-feet of vacant space available to lease
- 20,766 square-foot building on a 1.02-acre lot | Dedicated parking remains a valuable commodity in Downtown Naperville, as evidenced by the leasing of parking stalls to Hugo's valet services
- Infill, hard-corner location in Downtown Naperville
- $169,959 average household income within a three-mile radius
- Most tenants operate on net leases | Rents have consistently increased upon renewal and re-leasing
- Directly next to a 127,407 square foot retail and office mixed-use neighborhood center
Listing Price: Request For Offer
Investment Highlights
- Add value office in highly desirable downtown Naperville | 4,457 square-feet of vacant space available to lease
- 20,766 square-foot building on a 1.02-acre lot | Dedicated parking remains a valuable commodity in Downtown Naperville, as evidenced by the leasing of parking stalls to Hugo's valet services
- Infill, hard-corner location in Downtown Naperville
- $169,959 average household income within a three-mile radius
- Most tenants operate on net leases | Rents have consistently increased upon renewal and re-leasing
- Directly next to a 127,407 square foot retail and office mixed-use neighborhood center
Investment Overview
29 S. Webster is an operating office building offering investors upside potential. The 20,766 square-foot property, situated on a 1.02-acre lot, is currently 79% occupied—providing a stabilized cash flow with additional upside through further leasing. Future value may also be realized through potential redevelopment, making this a compelling covered land play in the heart of Downtown Naperville. The property is surrounded by a vibrant mix of retail, dining, and mixed-use developments, along with newly constructed single-family homes priced around $3 million. It benefits from Downtown Naperville’s dynamic environment and excellent foot traffic, highlighted by 102 shopping, 77 dining, and 147 service destinations, as well as close proximity to the Naperville Metra Station. The property offers 85 dedicated on-site parking spaces, a rare amenity in Downtown Naperville. In addition, it is positioned diagonally across from the Paw Paw Lot (119 public parking spaces) and near Downtown Naperville’s 4,000 free public parking spaces. Exceptional demographics, including an average household income of $169,959 and strong projected area growth, further enhance the property’s long-term investment appeal.
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