722 N Center Street, Naperville, IL 60563 | MLS #12671838 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of The Lozano GroupMREDas Distributed by MLSGrid- MLS# 12671838MLS Provider

722 N Center StreetNaperville, IL 60563

Multi-Family · 4 Beds · 0.01 Acres
$795,000 Active

722 N Center Street Overview

Time on Site:
20 days
Visits:
0

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!

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722 N Center Street Facts & Features

  • Type Multi-Family
  • Lot 0.01 Acres

Details

General

School Information

  • School District: 203
  • Elementary School: Ellsworth Elementary School
  • Middle Or Junior School: Washington Junior High School
  • High School: Naperville North High School

Income/Expenses

  • Gross Income: 63600

Building Information

  • New Construction: No
  • Year Built: 1956

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Naperville
  • Township: Lisle

Community/Development

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $11,766.38
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0818106004
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 3

General Information

  • Basement: Finished, Exterior Entry, Full
  • Foundation Details: Concrete Perimeter
  • Heating: Steam, Indv Controls
  • Other Equipment: Fire Sprinklers, Ceiling Fan(s)
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 50X150
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2000
  • Beds Total: 2
  • Baths Total: 1

722 N Center Street Neighborhood

Community

60563 (NAPERVILLE) Demographics

36
Median Age
2,482
Population Density (per sq. mile)
68%
College Educated
$97,209
Estimated Median Income
8,621
Estimated Total Home Owners
7,159
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

722 N Center Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

722 N Center Street Market Data

Based on the last 30 days in this zip code

$700,546
Average List Price
$317
Average Price per Square Foot
36
Properties Sold
45
Average Days on Market
140
Properties for Sale
Calculations provided by Reliance Network

722 N Center Street History

Date Event Value Agent
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Added to Database
June 09, 2026
1/30/2026Source: MRED Status Change
Closed
12/18/2025Source: MRED Status Change
Contingent
11/16/2025Source: MRED Status Change
Active
11/11/2025Source: MRED Added to Database
November 11, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022