Naperville · DuPage County · IL
Homes for sale in
Riverplace.
- Active listings
- 1
- Median list
- $420K
- Avg time on market
- 67 days
- Sold · last year
- 18
Active listings
1 home on the market
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About the community
Downtown Naperville condominiums on the Riverwalk.
Riverplace is a six-story condominium building in the heart of downtown Naperville, DuPage County, built in 1985 to 1986 on Aurora Avenue directly along the DuPage River and the Naperville Riverwalk. It is an established, amenity-rich, low-maintenance building of one- and two-bedroom residences plus a handful of larger combined units, with a small number of floor plans repeated across the floors. The appeal is simple: step out the door and downtown Naperville's dining, shopping, riverfront, and festival calendar are all on foot. Because the association bundles nearly every utility along with insurance and building services, day-to-day ownership here is about as hands-off as a home gets, which makes it a natural fit for downsizers, professionals, and lock-and-leave buyers.
At a glance
On the Riverwalk
Direct frontage on the DuPage River and the Naperville Riverwalk in the downtown core.
Walk-everywhere downtown
Main Street shops, restaurants, Centennial Beach, and the Carillon are an easy walk.
Six-story elevator building
One- and two-bedroom condos plus a few larger combined units, built 1985 to 1986.
All-inclusive assessment
The monthly fee is reported to cover heat, cooling, water, power, cable, internet, insurance, and more.
Naperville District 203
Reported as Elmwood Elementary, Lincoln Junior High, and Naperville Central. Confirm by address.
Garage parking
Roughly one garage space per unit plus guest parking. Confirm the space count for a specific unit.
Building amenities
Reported fitness center, party room, and a deck overlooking the Riverwalk. Confirm current amenities.
Pet policy varies
Cats are welcome; the dog policy is described inconsistently, so confirm with the association.
What’s close
Riverplace sits in the downtown Naperville core on Aurora Avenue, on foot to Main Street and the Riverwalk, with the Metra BNSF station a mile-plus away and I-88 the main highway.
- Downtown
- Main Street shopping and dining, Centennial Beach, the Millennium Carillon, and Naper Settlement, all walkable.
- Riverwalk
- Direct access to the DuPage River and the Naperville Riverwalk path system.
- Train
- The Naperville BNSF Metra station is roughly a mile and a half away; the building is reported to run a shuttle. Most commuters drive or use the shuttle.
- Highway
- Interstate 88 (Reagan Memorial Tollway) is a short drive north; I-355 is reachable to the east.
- Hospital
- Edward Hospital (Endeavor Health Edward) is roughly a mile south.
- Schools
- Naperville Community Unit School District 203. Confirm the exact assignment by unit address.
What it’s actually like to live here
Riverplace offers something rare in the suburbs: genuine downtown, walk-everywhere living with almost no personal upkeep. Step out the door and the Riverwalk, Centennial Beach, Main Street dining, farmers markets, and Naperville's festival calendar are all on foot. Because the association bundles nearly every utility along with insurance, snow, landscaping, and building amenities, ownership is close to hands-off, which suits downsizers trading a yard for convenience and professionals who want a short path to the Metra shuttle.
The tradeoffs are the flip side of that same convenience. Monthly assessments are high compared with a townhome, and while much of that is offset by the utilities and services rolled in, buyers should run the total monthly cost rather than reacting to the dues number alone. This is a 1980s building, so floor plans and finishes vary widely unit to unit: some are beautifully renovated and others are dated, and a building of this era rewards a look at the association's reserves and any special-assessment history.
Location nuance is worth setting expectations on too. Living on the Riverwalk in downtown Naperville is the real draw, but the Metra station is a mile-plus away rather than a platform stroll, so commuting leans on the shuttle, a drop-off, or a drive. Parking is typically one garage space per unit, which can matter for two-car households, and pet owners should confirm the current dog policy directly. For buyers who want the downtown lifestyle without house-sized maintenance, those are manageable tradeoffs.
Market trends
Why this market moves the way it does
Riverplace trades on location and convenience more than square footage. It is one of the more attainable ways to own in downtown Naperville, weighted toward one- and two-bedroom layouts, so condition, floor, view, and the all-inclusive assessment drive value as much as size.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Downtown location
- Direct Riverwalk frontage and walkability to Main Street are a durable, hard-to-replicate draw.
- Renovation level
- Updated kitchens and baths command a clear premium over original 1980s units in the same building.
- Floor and view
- Higher floors and units overlooking the Riverwalk or the Carillon carry a premium over interior outlooks.
- All-inclusive dues
- The bundled assessment lowers separate utility costs, which supports value for buyers who price total monthly outlay.
- Parking
- Garage parking, typically one space per unit, matters to buyers and affects desirability for two-car households.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
Do the total-cost math, not just the dues number. The assessment looks high until you subtract the heat, cooling, water, power, cable, internet, and insurance it replaces. Compare the all-in monthly figure against what you would pay separately elsewhere, and confirm exactly what is included for the specific unit.
This is a mid-1980s building, so units vary a lot. Some are fully renovated and some are dated, and building systems of this era warrant a look at the reserves and any special-assessment history. Tour the specific unit and read the association documents rather than assuming the building is uniform.
Set commuting and parking expectations up front. The Metra station is a mile-plus away, so most residents use the shuttle, a drop-off, or a drive rather than a walk to the platform. Parking is typically one garage space per unit, and pet policies are described inconsistently, so confirm both for your situation before you commit.
One piece of advice
“Riverplace is one of the most attainable ways to live right on the Naperville Riverwalk with almost no maintenance, and the all-inclusive assessment is the key to reading it correctly. Confirm exactly what the dues cover for the specific unit, check the reserves and any special assessments in a building of this age, and set realistic expectations on the train walk and parking. Do that and it is a strong lock-and-leave downtown buy.”
The questions buyers actually ask
Riverplace FAQ
The questions I get most from buyers shopping Riverplace. If yours isn't here, text 224-385-8779, same-day reply.
- How much is the HOA?
- townhomes and condos are $700 per month.
- What does the HOA actually cover?
- Riverplace is a condominium association, and the monthly assessment is unusually comprehensive: it is reported to bundle heat, air conditioning, water, gas, electricity, cable and internet, insurance, security, parking, trash, snow, landscaping, and building amenities. Reported assessments range roughly by unit size, so the figure looks high only because it replaces most separate utility bills. Confirm exactly what is included for a specific unit, and any special-assessment history, with the association before you buy.
- What are property taxes like?
- Roughly $4,500 – $9,500 per year, depending on home size and value. DuPage County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Riverplace townhomes or condos?
- It is a condominium building, a six-story elevator building on Aurora Avenue in downtown Naperville, built in 1985 to 1986. It is not a townhome development.
- Why do the HOA dues look high?
- Because the assessment bundles almost everything: heat, air conditioning, water, gas, electricity, cable and internet, insurance, security, parking, trash, snow, and landscaping, plus building amenities. Compare the all-in monthly figure against what you would separately pay elsewhere, and confirm exactly what is included for your unit.
- What school district serves Riverplace?
- Naperville Community Unit School District 203. The building-specific assignment is reported as Elmwood Elementary, Lincoln Junior High, and Naperville Central High School, but boundaries can split by address, so confirm the exact schools for a specific unit with District 203.
- Can I walk to the Metra train?
- You can, but it is roughly a mile and a half to the Naperville BNSF station, so it is more of a shuttle, drive, or drop-off than a quick walk. The building is reported to run a shuttle to the train.
- How walkable is it to downtown Naperville?
- Very. Riverplace sits in the downtown core directly on the Riverwalk, so Main Street shopping, restaurants, Centennial Beach, and the river paths are an easy walk. Larger grocery runs still favor a short drive.
- What do homes cost and how is the market right now?
- Riverplace is one of the more attainable ways to own in downtown Naperville, weighted toward one- and two-bedroom layouts with a few larger combined units at the top. For current pricing and market activity, see the live Market snapshot on this page rather than a number that would go stale.
- Who is the real estate agent for Riverplace?
- Joe Keegan is the local licensed Illinois real estate broker who covers Riverplace in Naperville, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Riverplace specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Riverplace
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Naperville specialist
- Honest local market take
- Brokerocity
Market snapshot
Riverplace, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$419,800
Typical sale price · last 90 days
$293,000
Homes for sale right now
1
Avg time on market
67 days
Sold in the last year
18
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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Schools serving Riverplace
Where Riverplace homes go to school
Homes in Riverplace are most often zoned to Naperville Central HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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