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148 N Washington St
Naperville, IL 60540
Washington St. Assemblage · Multifamily Property For Sale

Executive Summary
Capital Commercial Real Estate Brokerage is pleased to present the opportunity to acquire a ±0.64-acre land assemblage located at 148 N Washington Street in Naperville, Illinois.
Situated immediately north of Downtown Naperville, the property offers a highly desirable infill location within one of the Chicago metropolitan area’s strongest and most established suburban communities. The assemblage combines a scarce land position with exceptional proximity to Downtown Naperville’s
extensive dining, retail, employment, entertainment, and transportation amenities.
The property’s location along the Washington Street corridor provides convenient connectivity to the surrounding community
while placing the site within walking distance of the core downtown district. Naperville’s strong demographics, significant household incomes, established residential base, and vibrant downtown environment have created sustained demand for well-located real estate and continue to support investment and
redevelopment throughout the area.
The offering represents a compelling opportunity to control a meaningful assemblage in a highly constrained infill market where comparable development sites are increasingly difficult to assemble. The property provides prospective purchasers with the opportunity to evaluate a range of potential redevelopment
strategies while benefiting from the underlying strength, visibility, and long-term desirability of its Downtown Naperville location.
Situated immediately north of Downtown Naperville, the property offers a highly desirable infill location within one of the Chicago metropolitan area’s strongest and most established suburban communities. The assemblage combines a scarce land position with exceptional proximity to Downtown Naperville’s
extensive dining, retail, employment, entertainment, and transportation amenities.
The property’s location along the Washington Street corridor provides convenient connectivity to the surrounding community
while placing the site within walking distance of the core downtown district. Naperville’s strong demographics, significant household incomes, established residential base, and vibrant downtown environment have created sustained demand for well-located real estate and continue to support investment and
redevelopment throughout the area.
The offering represents a compelling opportunity to control a meaningful assemblage in a highly constrained infill market where comparable development sites are increasingly difficult to assemble. The property provides prospective purchasers with the opportunity to evaluate a range of potential redevelopment
strategies while benefiting from the underlying strength, visibility, and long-term desirability of its Downtown Naperville location.
Property Facts
| Price / SF | $219.15 / SF | Number of Properties | 4 |
| Cap Rate | 3.63% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 13,005 SF |
| Status | Active | Total Land Area | 0.65 AC |
| Price / SF | $219.15 / SF |
| Cap Rate | 3.63% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 13,005 SF |
| Total Land Area | 0.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 140 N Washington St, Naperville, IL 60540 | Multifamily | 4,473 SF | 1956 | - |
| 10 E School St, Naperville, IL 60540 | Multifamily | 3,968 SF | 1954 | - |
| 142 N Washington St, Naperville, IL 60540 | Multifamily | 2,964 SF | 1890 | - |
| 148 N Washington St, Naperville, IL 60540 | Multifamily | 1,600 SF | 1900 | - |
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