- For Lease $50.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 4,808 SF
- Year Built 2016
- Date Updated Apr 29, 2026
Description
Located in the heart of downtown Naperville, 123 Water Street is
a turnkey restaurant space that’s ready to go from day one. The
interior strikes a great balance between modern and inviting, with
high ceilings, exposed finishes, warm wood details, and built-in wine
displays that give the space character and flexibility for a variety of
concepts. There’s a natural flow between seating areas, making it just
as well-suited for everyday dining as it is for a more curated guest
experience. In addition, adjacent to the space is a private dining/event
area with its own entrance—perfect for group bookings, celebrations,
or corporate events. Outside, a spacious patio with seating for up to
64 guests adds another major draw, all set within one of Naperville’s
most active and walkable dining districts.» Fully equipped, turnkey restaurant space ready
for immediate operation
» ±4,808 SF total, including a ±900 SF private
event room
» Private event space features its own entrance,
dedicated restrooms, and direct shared access to
the kitchen
» Expansive outdoor patio with seating for 64
guests along the highly desirable Naperville
Riverwalk
» Located within the Water Street Naperville
development (built in 2016) - one of downtown’s
premier mixed-use destinations
» Prominent building signage available on both the
front and rear façades with approximately 70’ of
frontage
» Free parking garage directly across the street,
with additional free street parking
» Surrounded by an affluent customer base, high end
retail, and established dining destinations
Exceptional walkability and consistent foot traffic
in the heart of downtown Naperville
True
1 Space Available
Suite #105A & B
Space Type
Retail
Lease Rate
$50.00/SF/YR
Total Space
4,808 SF
Divisible Space
4,808 - 4,808 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Turnkey
Yes
Contacts
Christina Caton Kitchel
Caton Commercial Real Estate Group
Location
Located at 123 Water St, Suite #105A & B, Naperville, IL 60540, this property is part of the Downtown Naperville neighborhood and Chicago market.
Contact Listing Broker
Christina Caton Kitchel
Caton Commercial Real Estate Group