235-239 S Washington St 17,750 SF Retail Building Naperville, IL 60540 $3,700,000 ($208.45/SF)

Positioned at one of the most prominent corners in Downtown Naperville, the historic Beidelman Building at 235–239 S. Washington Street presents a rare opportunity to acquire a landmark asset in one of Illinois’ most vibrant suburban markets. Built in 1928, this three-story mixed-use property spans 17,750 square feet and sits on 0.15 acres, offering flexible configurations across retail and office uses. With high ceilings, wood floors, multiple points of entry, and an elevator servicing all levels, the building is primed for adaptive reuse or value-add repositioning.
Located at the intersection of Washington Street and Jackson Avenue—boasting a traffic count of 28,899 vehicles per day and a Walk Score of 97—the property benefits from exceptional visibility and foot traffic. It is surrounded by top-tier national retailers including Apple, Nike, Sephora, and Lululemon, and is steps from the Naperville Riverwalk, Main Street Promenade, and municipal parking decks offering over 4,000 free spaces within a five-block radius.
Currently generating income from a lease with Standard Goods occupying 1,925 SF on the first floor, the building offers immediate revenue potential for owner-users or investors. The roof was replaced in June 2022, and the property is zoned B-4, allowing for a range of commercial uses. Naperville, ranked as the fifth largest city in Illinois, is consistently recognized as one of the best places to live, work, and invest, with a median household income exceeding $105,000 and a thriving retail economy that achieved $4.6 billion in sales in 2024.
Offered at $3,700,000, this storied asset combines architectural charm, strategic location, and income upside—making it a compelling acquisition for developers and investors seeking a foothold in one of the Midwest’s most desirable markets.