224 S Main Street Naperville, IL $ 1,300,000
224 S Main Street
$ 1,300,000
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224 S Main Street

Naperville, IL, 60540
$ 1,300,000
Bedrooms-- Baths-- Sq 2,733

Monthly Estimate*

$ 8,208

224 S Main Street, Naperville, IL 60540 - Image 1
224 S Main Street, Naperville, IL 60540 - Image 2
224 S Main Street, Naperville, IL 60540 - Image 3

Commercial Property for sale in Naperville, IL

for $1,300,000. This 2,733 square foot building was built in 1930 on a lot size of 0.060009.

Rare opportunity to acquire a fully leased commercial investment property at 224 S Main Street in the heart of Downtown Naperville. Located just steps from the Naperville Riverwalk and near North Central College, this well-positioned building offers excellent Main Street visibility within a vibrant shopping, dining and entertainment district. The property is currently occupied by Allegory Restaurant, an established local dining destination, with approximately two years remaining on the tenant's current lease option. The existing tenancy provides immediate rental income for an investor seeking a leased retail or restaurant property, a potential 1031 exchange opportunity or a long-term commercial real estate investment in Downtown Naperville. The location benefits from steady pedestrian activity, nearby public parking and convenient access to boutiques, restaurants, professional services, community events and Metra transportation. The offering includes the real estate only; Allegory Restaurant and its business operations are not included in the sale. Lease and property information are available upon request. Please contact the listing broker for additional details and showing instructions.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 27,554

Style

Lot Size

0.060009

Year Built

1930

Town/City

Naperville

County/Region

DuPage

MLS | Web ID

12722272

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick Glass
Year Built 1930
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Sewer Trash Collection
Stories Count 1
Property Subtype Restaurant
Tax Year 2025
Gross Income 95760
Assoc Fee Paid Per Annually
County DuPage
Net Operating Income 56965
Property Type Commercial Sale Retail/Stores
Status Active
Directions From I-88 to Winfield Road (Exit 125) South on Winfield Road Turn right onto Diehl Road Turn left onto N Mill St. then Turn right onto S Main St.
City Naperville
Number Of Units Total 1
MLS Area Naperville
Lot Size Square Feet 2614
Tax Annual Amount 27554.12
Additional Parcels Y/N N
Leasable Area 2773
Standard Status Active
Cap Rate 6
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Exterior
Building Area Total 2733
Lot Dimensions 21 X 132
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

bmeyer@coldwellhomes.com

Email

Affordability Calculator

$10,505
Per Month
78%
22%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$2,296
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$1,300,000 Listed Price

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224 S Main Street, Naperville, IL, 60540 is a Commercial Property for sale at $1,300,000 with 2,733 sqft and a lot size of 0.060009. 224 S Main Street was built in 1930. The property's zip code is 60540 which is in Naperville, IL