Prime Downtown Naperville Restaurant Space for Lease

For Lease

123 Water St, Suite #105A & B, Naperville, IL 60540

You can currently find 1 retail space(s) available for lease at Prime Downtown Naperville Restaurant Space for Lease. Designated use type for space listed here includes retail. Current retail listings at this property total 4,808 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Prime Downtown Naperville Restaurant Space for Lease.

Space Available For Lease 1

Contacts

Christina Caton Kitchel

Caton Commercial Real Estate Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,808 SF
  • Year Built 2016
  • Date Updated Apr 29, 2026
Located in the heart of downtown Naperville, 123 Water Street is a turnkey restaurant space that’s ready to go from day one. The interior strikes a great balance between modern and inviting, with high ceilings, exposed finishes, warm wood details, and built-in wine displays that give the space character and flexibility for a variety of concepts. There’s a natural flow between seating areas, making it just as well-suited for everyday dining as it is for a more curated guest experience. In addition, adjacent to the space is a private dining/event area with its own entrance—perfect for group bookings, celebrations, or corporate events. Outside, a spacious patio with seating for up to 64 guests adds another major draw, all set within one of Naperville’s most active and walkable dining districts.» Fully equipped, turnkey restaurant space ready for immediate operation » ±4,808 SF total, including a ±900 SF private event room » Private event space features its own entrance, dedicated restrooms, and direct shared access to the kitchen » Expansive outdoor patio with seating for 64 guests along the highly desirable Naperville Riverwalk » Located within the Water Street Naperville development (built in 2016) - one of downtown’s premier mixed-use destinations » Prominent building signage available on both the front and rear façades with approximately 70’ of frontage » Free parking garage directly across the street, with additional free street parking » Surrounded by an affluent customer base, high end retail, and established dining destinations Exceptional walkability and consistent foot traffic in the heart of downtown Naperville
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Attachments

Getting around

  • 95/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 52/100

    Bike Score ®

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Location

  • City Naperville, IL
  • Neighborhood Downtown Naperville
  • Zip Code 60540
  • Market Chicago

Points of Interest

  • Naperville

    0.64 miles

  • Route 59

    3.04 miles

  • Lisle

    4.40 miles

  • Belmont

    5.98 miles

  • Wheaton

    6.74 miles

  • Winfield

    6.85 miles

  • College Avenue

    7.41 miles

  • Downers Grove Main Street

    7.50 miles

  • West Chicago

    8.01 miles

  • Aurora

    8.14 miles

  • Shell

    0.34 miles

  • Mobil

    1.01 miles

  • BP

    1.04 miles

  • Marathon

    1.26 miles

  • Aurora IL-59 Supercharger

    2.98 miles

  • Tesla Destination Charger

    5.36 miles

  • Volta Charging Station

    6.61 miles

  • Tesla Supercharger

    6.74 miles

  • Aurora Supercharger

    8.23 miles

  • Riverwalk Lot

    0.05 miles

  • Riverview Lot

    0.09 miles

  • Municipal Center Parking Deck

    0.11 miles

  • Nichols Library Parking Lot

    0.14 miles

  • Paw Paw Parking Lot

    0.17 miles

  • Van Buren Parking Lot

    0.19 miles

  • Central Parking Facility

    0.19 miles

  • Van Buren Parking Facility

    0.26 miles

  • Court Place Parking Lot

    0.31 miles

  • North Parking

    0.65 miles

  • Santo Cielo

    0.00 miles

  • Blue Sushi Sake Grill

    0.01 miles

  • Plank Bar & Kitchen

    0.02 miles

  • Quiubo

    0.04 miles

  • Empire Burgers and Brew

    0.06 miles

  • Sullivan's Steakhouse

    0.07 miles

  • Egg Harbor Cafe

    0.08 miles

  • Einstein Bros. Bagels

    0.08 miles

  • Sweetgreen

    0.09 miles

  • Sushi House

    0.10 miles

  • Jewel-Osco

    1.13 miles

  • Fresh Thyme

    1.14 miles

  • Trader Joe's

    1.26 miles

  • Casey's Foods

    1.28 miles

  • Naperville Fresh Market

    1.67 miles

  • Patel Brothers

    1.77 miles

  • ALDI

    2.20 miles

  • Target

    2.28 miles

  • H Mart

    2.33 miles

  • Burlington

    2.75 miles

123 Water St, Suite #105A & B Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    123 Water St, Suite #105A & B is located in Downtown Naperville, which is home to a total of 18 listing(s). Retail space at Prime Downtown Naperville Restaurant Space for Lease asks $50.00/SF/YR per square foot.

  • The property includes 4,808 square feet of retail space for lease. Of this total, 4,808 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Naperville is 39. The average household income here is $133,442 per year.

Contact Listing Broker
Christina Caton Kitchel

Caton Commercial Real Estate Group

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