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1328 N Route 59 5.25 Acres of Commercial Land Offered at $3,750,000 in Naperville, IL 60563
INVESTMENT HIGHLIGHTS
- Over 5 acres available for development
- 1 mile south of In terstate-88 and Route-59 interchange seeing a combined total of 164,933 VPD
- DuPage County Location with desirable demographics and tax basis
- Favorable Zoning-Current (PUD) B-2 Zoning; Neighborhood shopping center district
- Fox Valley Mall; over 1,500,000 total SF of retail and services located approximately 2 miles from the subject property
EXECUTIVE SUMMARY
Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale approximately 5.25 acres of land located at 1328 N Route-59, Naperville, IL. The property is strategically located off Route-59, a major north-south thoroughfare that runs for more than 70 miles in northern Illinois, seeing 56,941 VPD. The land is located at the intersection of Route-59 and Platinum Avenue which sees a combined 57,630 VPD. Approximately 1 mile north of the property is the full interchange of the I-88 Highway and Route-59. The property is currently zoned (PUD) B-2, neighborhood shopping center district.
The property is located about 2 miles north of Fox Valley Mall, a retail shopping mall featuring over 1.5 million square feet of retail and over 120 retail tenants. The surrounding area is comprised of several national and local tenants, such as: Starbucks, Wendy’s, McDonald’s, Panera Bread, Dollar Tree, Chase Bank, Grand Appliance and TV, and more.
The property is located about 2 miles north of Fox Valley Mall, a retail shopping mall featuring over 1.5 million square feet of retail and over 120 retail tenants. The surrounding area is comprised of several national and local tenants, such as: Starbucks, Wendy’s, McDonald’s, Panera Bread, Dollar Tree, Chase Bank, Grand Appliance and TV, and more.
PROPERTY FACTS
| Price | $3,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.25 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $3,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.25 AC |
| Zoning | C - Commercial |
1 LOT AVAILABLE
Lot
| Price | $3,750,000 | Lot Size | 5.25 AC |
| Price Per AC | $714,285.71 |
| Price | $3,750,000 |
| Price Per AC | $714,285.71 |
| Lot Size | 5.25 AC |
Approximately 5.25 acres of land located at 1328 N Route-59, Naperville, IL.
DESCRIPTION
Approximately 5.25 acres of land located at 1328 N Route-59
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $685,936 | Total Assessment | $685,936 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$685,936
Improvements Assessment
$0
Total Assessment
$685,936
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1328 N Route 59
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