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Westbank Financial Center 1112 S Washington St 42,680 SF 98% Leased Office Building Naperville, IL 60540 $5,695,000 ($133.43/SF)
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
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
AMENITIES
- Atrium
- Banking
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Positioned within the Westbank Financial Center, 1112 S Washington Street offers a prime leasing opportunity in the heart of Naperville. Suite 213, a 687-square-foot office space, is ideally suited for medical, dental, legal, and financial professionals seeking a well-located, professional environment. The property benefits from excellent visibility and proximity to downtown Naperville, placing tenants within minutes of vibrant retail, dining, and cultural amenities. The building features 140 parking spaces, additional storage options, and signage availability, enhancing both convenience and branding potential. The surrounding area is supported by strong demographics and a mix of residential and commercial developments, making it a strategic location for client-facing businesses. Nearby landmarks include the Morton Arboretum, DuPage Children's Museum, and several forest preserves, contributing to the area's appeal and accessibility. With a gross lease rate of $24.00 per square foot, Suite 213 offers a competitive value in a sought-after market. The property’s layout and location make it an excellent choice for small businesses looking to establish or expand their presence in Naperville’s thriving commercial landscape.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 213 | 687 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 213
| Size |
| 687 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 213
| Size | 687 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Positioned within the Westbank Financial Center, 1112 S Washington Street offers a prime leasing opportunity in the heart of Naperville. Suite 213, a 687-square-foot office space, is ideally suited for medical, dental, legal, and financial professionals seeking a well-located, professional environment. The property benefits from excellent visibility and proximity to downtown Naperville, placing tenants within minutes of vibrant retail, dining, and cultural amenities. The building features 140 parking spaces, additional storage options, and signage availability, enhancing both convenience and branding potential. The surrounding area is supported by strong demographics and a mix of residential and commercial developments, making it a strategic location for client-facing businesses. Nearby landmarks include the Morton Arboretum, DuPage Children's Museum, and several forest preserves, contributing to the area's appeal and accessibility. With a gross lease rate of $24.00 per square foot, Suite 213 offers a competitive value in a sought-after market. The property’s layout and location make it an excellent choice for small businesses looking to establish or expand their presence in Naperville’s thriving commercial landscape.
PROPERTY TAXES
| Parcel Number | 08-30-200-011 | Improvements Assessment | $732,158 |
| Land Assessment | $636,832 | Total Assessment | $1,368,990 |
PROPERTY TAXES
CONTACTS
-
Donna Ballentine -
Jeff Shilkaitis -
Matthew Rasche -
Capital Commercial Real Estate Brokerage
Presented by
Westbank Financial Center | 1112 S Washington St
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