224 S Main St

224 S Main St, Naperville, IL 60540

Property Information

  • For Sale $1,400,000
  • Property Type Retail
  • Units 1
  • # of Floors 1
  • Year Built 1930
  • Date Updated May 16, 2026

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.

Highlights

  • Age: Over 50 Years Old
  • Basement: None

Contacts

Bruce Meyer

Coldwell Banker Real Estate Group

Location

Located at 224 S Main St, Naperville, IL 60540, this property is part of the Downtown Naperville neighborhood and Chicago market.

Contact Listing Broker
Bruce Meyer

Coldwell Banker Real Estate Group

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