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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.

Property Facts

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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  • Listing ID: 42040057

  • Date on Market: 9/3/2026

  • Last Updated:

  • Address:

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