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1112 S Washington St
Naperville, IL 60540
Westbank Financial Center · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Located in Naperville’s premier commercial corridor near Downtown
- Elevator-served basement amenity space with revenue potential
- Walking distance to Metra, retail, dining, and civic amenities
- Diverse tenant mix including medical, educational, and professional users
- Recent tenant renewals and expansions enhance lease stability
EXECUTIVE SUMMARY
1112 S. Washington Street presents a rare opportunity to acquire a stabilized, income-producing suburban office asset in one of Chicagoland’s most desirable communities. Located just south of Downtown Naperville, this 36,252-square-foot building sits on a 2.95-acre parcel zoned OCI, offering flexibility for a range of professional, medical, and educational uses. The property benefits from proximity to Interstate 88 and the Naperville Metra Station, ensuring seamless connectivity to Chicago and surrounding suburbs.
The tenant roster includes Kingdom Martial Arts, Elevate Dance Studio, Huntington Learning Center, Farmers Insurance, Edward Jones, and others, reflecting a diverse mix of professional services and community-oriented users. Recent lease renewals and expansions have extended the weighted average lease term, reinforcing the asset’s stability. The building also features a built-out, elevator-served basement amenity space that is currently unmonetized, offering upside potential for future income.
Naperville’s reputation for excellent schools, high household incomes, and a robust business climate makes this location especially attractive for investors seeking long-term value. The surrounding area is rich with amenities including Trader Joe’s, Starbucks, Hotel Indigo, and the Naperville Riverwalk, enhancing tenant satisfaction and retention. With in-place net operating income of $456,556 and a flexible management structure, this property is well-positioned for continued performance and appreciation.
The tenant roster includes Kingdom Martial Arts, Elevate Dance Studio, Huntington Learning Center, Farmers Insurance, Edward Jones, and others, reflecting a diverse mix of professional services and community-oriented users. Recent lease renewals and expansions have extended the weighted average lease term, reinforcing the asset’s stability. The building also features a built-out, elevator-served basement amenity space that is currently unmonetized, offering upside potential for future income.
Naperville’s reputation for excellent schools, high household incomes, and a robust business climate makes this location especially attractive for investors seeking long-term value. The surrounding area is rich with amenities including Trader Joe’s, Starbucks, Hotel Indigo, and the Naperville Riverwalk, enhancing tenant satisfaction and retention. With in-place net operating income of $456,556 and a flexible management structure, this property is well-positioned for continued performance and appreciation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
42,680 SF
Building Class
B
Year Built
1989
Price
$5,695,000
Price Per SF
$133.43
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,160 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
2.85 AC
Zoning
OCI - Office, Commercial, Institutional
Parking
138 Spaces (3.24 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Banking
- Signage
PROPERTY TAXES
| Parcel Number | 08-30-200-011 | Improvements Assessment | $732,158 |
| Land Assessment | $636,832 | Total Assessment | $1,368,990 |
PROPERTY TAXES
Parcel Number
08-30-200-011
Land Assessment
$636,832
Improvements Assessment
$732,158
Total Assessment
$1,368,990
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