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Prime Downtown Naperville Restaurant Space for Lease

$50/sqft/yr

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

Active
Last Updated: 04/28/2026

4,808 sqft

Building Size

2016

Year Built

Details:
Building Size:    4,808 sqft
Year Built:    2016
Description:

» 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

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.

Map:
1 Space Available

Suite #105A & B Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
4,808
Lease Rate:
$50/sqft/yr
Documents:
Title
123 Water Street Flyer.pdf
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Location
Gallery