Park Plaza — Sale in Naperville, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Naperville, IL 60563

Description

The property boasts various amenities such as a dramatic four-story atrium, energy star labeling, fitness center, food service, on-site management with an available property manager. Additionally, it features newly renovated elevators and common areas. Notably in 2009 the building was awarded the prestigious Energy Star label for its exceptional operating efficiency. The interior space encompasses numerous attractive aspects including glass entries featuring built-in reception areas and conference rooms adorned with millwork designs. Other highlights include an indoor executive parking garage along with beautifully landscaped park-like surroundings complete with a fountain. Conveniently situated it offers easy access to I-88 via Winfield Road or Naperville Road's four-way interchange connections. Park Plaza is located in front of I-88 in the heart of the Western East/West Tollway submarket. It is a four-story Class A office building totaling 210,774 sq ft. Strong tenant amenities, including a recently upgraded fitness club, on-site deli, and below ground heated parking.

Market Context

This office in Naperville, IL is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Naperville, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Chicago?
About 9.8% as of Q1 2026, per multiple brokerage reports.
Is the Chicago office market tightening or softening?
Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).

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