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.
Property Details
Price:
$1,400,000
MLS #:
MRD12441003
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Restaurant
Neighborhood:
naperville
Listed Date:
Aug 7, 2025
Total Sq Ft:
2,733
Year Built:
1930
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Glass
Stories
1
Financial
HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$28,330
Map
Community
- Address224 S Main Street Naperville IL
- CityNaperville
- CountyDuPage
- Zip Code60540
Market Summary
Current real estate data for Commercial in Naperville as of Jun 13, 2026
19
Commercial Listed
195
Avg DOM
$1,275,247
Avg List Price
Property Summary
- 224 S Main Street Naperville IL is a Commercial for sale in Naperville, IL, 60540. It is listed for $1,400,000
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Copyright 2026. All rights reserved.
224 S Main Street
Naperville, IL


