Turnkey investment or future build site in downtown Naperville! This R-2 zoned property offers rare, unmatched flexibility for the investor, custom builder, or owner-occupant looking to off-set a mortgage. This premium 50 x 135 lot with alley access is perfectly primed to build the custom luxury home of your dreams. The property currently features a well-maintained 2-flat. Both spacious units feature hardwood floors, a living room, eat-in kitchen with ample cabinets and counter tops, 2 bedrooms and 1 bathroom. The basement provides lots of extra storage space, laundry and a cedar closet. All of this providing strong rental potential in a high-demand market. Perfect for an investor looking for reliable cash flow, an owner-occupant looking to live in one unit and rent the other, or a builder looking for carry-income during the design phase. There is even the option to convert the property to single-family as the original interior staircase it still intact but currently not assessible. Phenomenal location situated within .5 miles of downtown Naperville featuring amazing restaurants, excellent shopping, and the beautiful Riverwalk. Just .3 miles to the Metra Station and .3 miles to highly acclaimed schools in District 203. Don't miss this uniquely versatile parcel in this highly sought-after downtown area! Property has been well maintained but is being sold as-is with no repair requests.