Strip Center - Naperville, IL Retail | 8.00% CAP | 22,300 SF

501 87th St, Naperville, IL 60565

Property Information

  • For Sale $4,913,550
  • Property Type Other
  • Lot Size 1.94 SF
  • Year Built 1974
  • Date Updated May 15, 2026

Description

Colliers is pleased to introduce this stabilized neighborhood strip center located at 501–541 W 87th Street in Naperville, Illinois. Positioned at 87th Street and Modaff Road, the property benefits from excellent visibility and strong local access. This fully occupied center includes a gas station and features a diverse tenant mix, offering strong in-place income and long-term investment stability.
The property spans approximately 22,300 square feet on a 1.97-acre lot and was originally constructed in 1974. With a Net Operating Income (NOI) of $387,276 and a purchase price of $4,840,950, this offering delivers an attractive 8% capitalization rate.

Contacts

Peter Block
Zach Ofner

Location

Located at 501 87th St, Naperville, IL 60565, this property is part of the Old Sawmill neighborhood and Chicago market.

Contact Strip Center - Naperville, IL Retail | 8.00% CAP | 22,300 SF
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