Naperville, IL 60540,224 S Main ST
$1,400,000
Est. payment /mo
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2,733 SqFt
Active

224 S Main ST Naperville, IL 60540

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,733 sqft

Price per Sqft $512

MLS Listing ID 12441003

Year Built 1930

Annual Tax Amount $28,330

Tax Year 2024

Lot Dimensions 21 X 132

Property Sub-Type Retail/Stores

Property Description

Prime Investment Opportunity in Downtown Naperville, Illinois Located in the heart of downtown Naperville's vibrant business district, 224 S. Main Street offers a rare opportunity to own a fully leased commercial building just steps from the Naperville Riverwalk and North Central College. This property is currently home to the popular Allegory Restaurant, a well-known dining destination in the area. The existing tenant lease has approximately three years remaining, offering immediate rental income and stable cash flow. Positioned along Main Street's high-foot-traffic corridor, this location benefits from excellent visibility, steady pedestrian activity, and proximity to nearby parking, boutique shops, and established restaurants. Only the building is for sale, the business is not included. Whether you're expanding a real estate portfolio, seeking a 1031 exchange investment, or looking for a long-term income property in one of the most desirable downtowns in Illinois, 224 S. Main Street, Naperville represents a unique and high-demand opportunity.

Location

State IL

County Dupage

Area Naperville

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick,Glass

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bruce Meyer of  Coldwell Banker Real Estate Group 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Naper Elementary School

    Public | KG - 4

  • 10

    Meadow Glens Elementary School

    Public | KG - 5

  • 9

    Washington Junior High School

    Public | 5 - 8

  • 9

    Beebe Elementary School

    Public | KG - 5

  • 9

    Highlands Elementary School

    Public | KG - 5

  • 9

    Ellsworth Elementary School

    Public | KG - 5

  • 9

    Maplebrook Elementary School

    Public | KG - 5

  • 9

    Prairie Elementary School

    Public | KG - 5

  • 8

    May Watts Elementary School

    Public | KG - 5

  • 8

    Bower Elementary School

    Public | KG - 5

  • 8

    Elmwood Elementary School

    Public | KG - 5

  • 8

    Steeple Run Elementary School

    Public | KG - 5

  • 7

    Mary Lou Cowlishaw Elementary School

    Public | KG - 5

  • 7

    Brookdale Elementary School

    Public | KG - 5

  • 7

    Mill Street Elementary School

    Public | KG - 5

  • 7

    Owen Elementary School

    Public | KG - 5

  • 7

    Scott Elementary School

    Public | KG - 5

  • 0

    Naperville Christian Academy

    Private | PK - 12

  • 0

    Chesterbrook Academy Elementary School

    Private | KG - 5

  • 0

    Chesterbrook Academy

    Private | KG - 5

Middle Schools 6
  • 10

    Lincoln Junior High School

    Public | 6 - 8

  • 10

    Kennedy Junior High School

    Public | 6 - 8

  • 8

    Hubble Middle School

    Public | 6 - 8

  • 8

    Jefferson Junior High School

    Public | 6 - 8

  • 8

    Madison Junior High School

    Public | 6 - 8

  • 0

    Turning Pointe Cn Day School

    Private | 7 - 12

High Schools 2
  • 10

    Naperville North High School

    Public | 9 - 12

  • 10

    Naperville Central High School

    Public | 9 - 12

School and business data provided by Attom Data.

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224 S Main ST