387 Shuman BlvdNaperville, IL 60563

This exceptional Class A medical office building, located in affluent Naperville, Illinois, presents a compelling value-add investment opportunity. The property boasts 111,062 net rentable square feet across a three-story building on an 8.4-acre lot. Currently 53.41% occupied by 20 tenants, with approximately 51,742 square feet of readily leasable space, this property offers significant upside potential. A recent, comprehensive renovation (2022) modernized the building's infrastructure, including the parking lot, lobby, hallways, restrooms, HVAC, electrical, plumbing, and roof. The building benefits from high visibility on I-88 (135,000 vehicles daily) and offers excellent signage opportunities. Approximately half of the current tenants are medical practices, aligning with Naperville's booming healthcare sector and the strong demand for medical office space. The property's location in DuPage County provides the advantage of lower and more predictable commercial property taxes compared to neighboring Cook County. The surrounding area offers convenient access to major retail amenities, including Freedom Commons and downtown Naperville, and is within a short drive of several prominent hospitals. The asking price is $10,000,000. Built in 1982, this property offers a blend of established cash flow and significant growth potential in a highly desirable location. The property features modern amenities including high-speed internet, keyless entry, tenant-controlled HVAC, and ample parking. The average household income within one mile is $139,875, reflecting the affluent nature of the community.