1120 Illinois Rt 59 — Lease in Naperville, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Naperville, IL 60540
  • Size: 6,250 SF

Photos

1120 Illinois Rt 59 — Lease in Naperville, IL, photo 1 of 2
1120 Illinois Rt 59 — Lease in Naperville, IL, photo 2 of 2

Description

Located in Naperville' busiest retail corridor on Rt 59

Market Context

This retail in Naperville, IL is listed for lease across 6,250 SF. Compare it against other retail listings for lease in Naperville, IL — view the full market.

As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 7.9% as of Q4 2025, per multiple brokerage reports.
Is the Chicago retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$1.54/SF/mo – $2.08/SF/mo

Mid: $1.82/SF/mo

Estimated total for 6,250 SF: $11,375 per month

Based on comparable properties in similar markets rather than local sales.

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