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$795,000
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Property 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!
Full Property Details
Full Property Details for 722 N Center St
General
- Price: $795,000
- Taxes: $11,766 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12671838
- Updated: 6/15/2026
- Added to Site: 32 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, E
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Fire Sprinklers, Ceiling Fan(s)
- Other Features: Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Naperville
- County: DuPage
- Township: Lisle
- Driving Directions: OGDEN AVE (E OF WASHINGTON) TO CENTER ST-SOUTH
School Information
- School District: 203
- Elem School District: 203
- Midd School District: 203
- High School District: 203
- Elementary School: Ellsworth Elementary School
- Middle School: Washington Junior High School
- High School: Naperville North High School
- Private School: Naperville North High School
Heating & Cooling
- Heating Type: Steam, Individual Controls
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Model: 2 UNIT
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2 UNIT
Lot Features
- Lot Size (Acres): 0.01
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 150
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1956
- Tax Amount: $11,766.38
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 818106004
Listed by The Lozano Group
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Schools
Schools serving 722 N Center St
School District:Naperville Community Unit District 203
| Name | Grades | Distance |
|---|---|---|
Ellsworth Elementary School 145 North Sleight Street, Naperville, IL 60540 | K-5 | 0.5 mi |
Naperville North High School 899 North Mill Street, Naperville, IL 60563 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 722 N Center St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,342
8%
$193,139
15%
2022
$10,477
4%
$167,880
4%
2021
$10,095
2%
$161,530
2%
2020
$9,881
3%
$158,630
5%
2019
$9,595
4%
$151,770
3%
2018
$9,261
2%
$146,660
3%
2017
$9,075
2%
$141,710
4%
2016
$8,895
1%
$136,590
6%
2015
$8,840
-3%
$128,630
—
2014
$9,128
2%
$128,630
—
2013
$8,990
-1%
$128,940
-4%
2012
$9,116
—
$133,960
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 722 N Center St
722 N Center Street, Naperville, IL 60563 (MLS# 12671838) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 722 N Center Street is currently listed for $795,000 and was received on June 09, 2026. Want to learn more about 722 N Center Street? Do you have questions about finding other Multi-Family real estate for sale in Naperville? You can browse all Naperville real estate or contact a Coldwell Banker agent to request more information.

