722 N Center Street, Naperville, IL 60563
Description
Rare Opportunity in Prime Naperville Location – Just 3 Blocks from the Metra Train Station! Exceptional all-brick 2-flat investment property located in one of Naperville’s most desirable and rapidly appreciating areas! Surrounded by multimillion-dollar new construction homes, this versatile property offers incredible income potential, redevelopment opportunities, or the perfect chance to convert into a stunning custom single-family residence. The main level unit features 2 spacious bedrooms, 2 full bathrooms, a bright living room, an oversized family room, and an additional kitchen in the basement – ideal for extended living arrangements or added flexibility. The upper-level unit offers 2 bedrooms, 1 renovated bathroom, an updated kitchen area, and comfortable living space filled with natural light. Major recent improvements include 3 separate HVAC systems, new furnaces, new condensers, a new refrigerator, and a beautifully renovated bathroom in the upper-level unit, providing peace of mind and added value for investors and owner-occupants alike. Each unit offers private access, separate electric panels, individual washer/dryer setups, and abundant storage space throughout the basement. Outside, enjoy a large entertaining deck, private backyard, and detached 3-car garage. Location is everything – and this property delivers! Just moments from Downtown Naperville, the Metra station, award-winning District 203 schools, premier dining, boutique shopping, parks, entertainment, and year-round community events. Current long-term tenants are on month-to-month leases, creating immediate flexibility for investors, owner-occupants, or redevelopment plans. Tenants currently share responsibility for lawn care and snow removal. Whether you are looking to expand your investment portfolio, live in one unit while generating rental income, or create your dream home in an unbeatable location, this property presents endless possibilities. Property is being offered AS-IS. A truly rare Naperville opportunity – Welcome Home!
- Listing Courtesy of: The Lozano Group
Details
Updated on June 27, 2026 at 1:00 am-
Property ID MRD12671838
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Price $795,000
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Land Area 0.01 Acres
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Bedrooms 4
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Garages 3
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Year Built 1956
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Property Type Multi Family
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Property Status Active
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Parking Total 3
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Parcel Number 0818106004
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Water Source Lake Michigan
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Sewer Public Sewer
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Architectural Style Other
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MLS Status Active
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Days On Market 18
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Living Area 0.01
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Cumulative Days On Market 7
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Tax Annual Amount 11766.38
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Heating Steam,Indv Controls
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Parking Features Yes,Garage Owned,Detached,Garage
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Directions OGDEN AVE (E OF WASHINGTON) TO CENTER ST-SOUTH
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Zoning MULTI
Address
Open on Google Maps- Address 722 N Center Street
- City Naperville
- State/county IL
- Zip/Postal Code 60563
- Country United States
Overview
- Multi Family
- 4
- 3
- 1956
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