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Naperville’s iconic MetroWest building in foreclosure

MetroWest Building (Naperville, Illinois)

By David Sharos for The Naperville Sun

The 10-story MetroWest building, known for the N-shaped facade designed by Chicago architect Helmut Jahn in 1986, is regarded by many passing motorists as an unofficial insignia for the city of Naperville. But Crain”s Chicago Business says that the building defaulted on a $23.5 million loan that came due May 1, which means that foreclosure may be looming down the road. Interestingly, a former tenant said there was no evidence that the building or its owners were in financial trouble.

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