133 N Brainard St., Naperville, IL 60540

One of a kind opportunity to build new in an incredible location in Naperville's historic district just a few blocks to downtown Naperville and Metra train station. The existing home sits on the north parcel of a double lot. The southern lot is vacant, 50x150', and features alley access. The northern lot has a beautiful Italianate 2 story home built in the 1880's on it. Currently configured as a rental property with 3 rental units in the main home and a coach house rental at the rear of the property. The total rental income is $5925/Month. The last vacant lot in the historic district, mls#08570532 sold for $575,000 in 2014 and was a 75x150 corner lot. Possible redevelopment of this property includes building new construction on the southern lot and remodeling with expansion option for existing home on the northern lot. New construction prices in the area are well above $1m and the remodeled existing home could easily be in the $800K+ range. Contact listing agent for additional info.