$1,300,000

224 S Main Street, Naperville IL, 60540

Price per sqft$475.67

Built in1930

Property size2,733 sqft

Property typeCommercial

Listed by Bruce Meyer with Coldwell Banker Real Estate Group 630-220-9297

Overview

Active

Listed Aug 3, 2026

Updated Aug 10

Rare opportunity to acquire a fully leased commercial investment property at 224 S Main Street in the heart of Downtown Naperville. Located just steps from the Naperville Riverwalk and near North Central College, this well-positioned building offers excellent Main Street visibility within a vibrant shopping, dining and entertainment district. The property is currently occupied by Allegory Restaurant, an established local dining destination, with approximately two years remaining on the tenant's current lease option. The existing tenancy provides immediate rental income for an investor seeking a leased retail or restaurant property, a potential 1031 exchange opportunity or a long-term commercial real estate investment in Downtown Naperville. The location benefits from steady pedestrian activity, nearby public parking and convenient access to boutiques, restaurants, professional services, community events and Metra transportation. The offering includes the real estate only; Allegory Restaurant and its business operations are not included in the sale. Lease and property information are available upon request. Please contact the listing broker for additional details and showing instructions.

Additional information

MLS^® ID: 12722272

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $27,554
Tax Frequency: Annually
Association Fee Frequency: Yearly

Listed by Bruce Meyer with Coldwell Banker Real Estate Group 630-220-9297

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Based on information submitted to the MLS GRID for MRED 8/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 2:35 AM UTC on 8/10/2026.

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