Multi Tenant Flex Building — Sale in Naperville, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Naperville, IL 60563

Photos

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Investment Figures

Cap rate
7.74%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This offering features a 100 percent occupied multi-tenant flex property in Naperville, one of Chicagoland’s most desirable submarkets in DuPage County, known for strong growth and lower property taxes than neighboring counties. The property is stabilized with a diverse tenant base, including Meher Montessori Academy, Cultivate, Happy Place Family Services, and Lange Logistics. Meher Montessori Academy has operated at the site since 2012, and Cultivate since 2019, and both Lange Logistics and Cultivate have over five years of remaining lease term. Designed for adaptability, the building includes front-facing windows that can be converted into roll-up doors, allowing for a seamless transition to light industrial flex use. The 2.12-acre site includes 110 parking spaces, and favorable OCI zoning which enhances long-term flexibility. Strategically located one mile from Interstate 88 and 0.3 miles from Route 59, the property benefits from strong regional connectivity, with proximity to the Metra BNSF line further supporting access. The asset is situated within a dense Naperville employment hub, with over 120,000 employees within three miles and proximity to major corporate users, retail corridors, and multiple nearby hotels. The surrounding area is affluent and growing, with more than 76,000 residents within three miles, continued population growth, and average household incomes exceeding $150,000 within five miles, supporting long-term tenant demand and investment stability. Investment Highlights: • Ideal DuPage County Location | One of Chicagoland's Most Desirable Submarkets • Premium Naperville Office/Industrial Flex Building | Designed for Versatility and Future Adaptability • 100 Percent Occupied | Long-Operating History - Meher Montessori Academy has been Operating at this Site Since 2012 and Cultivate Since 2019 • Several Front-Facing Windows are Designed for Conversion to Roll-Up Doors, Enabling a Seamless Transition to Light Industrial Flex Use if Desired • Fle

Market Context

This office in Naperville, IL is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Naperville, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 27.2% vacancy rate, and average asking rents near $45.41/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Chicago office market tightening or softening?
Vacancy is around 27.2% (Q1 2026).

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