Description
Envision transforming this three-parcel property, covering approximately 83,400 square feet (1.92 acres), into your perfect workspace or investment asset! With M-1 zoning, the property includes three buildings: a 15,400-square-foot building that accommodates five tenants, and two additional buildings, each 1,300 and 300 square feet, hosting one tenant. This setup ensures a steady income stream. Ample off-street parking and a strategic location make this property ideal for your business's growth and development. Another possibility for this property is to develop it into townhomes or higher-density housing, taking advantage of its prime location and ample off-street parking. Situated on N. Broadway in the vibrant City of Aurora, part of the Illinois Technology and Research Corridor, these parcels are just blocks away from the train station and the bustling central business district. You'll benefit from the convenience of nearby retail centers with a variety of dining options, including sit-down and drive-through options. Additionally, you'll have access to numerous recreational activities, including biking or walking along the serene Fox River, golfing at local courses, and shopping at the popular Outlet Mall and Fox Valley Mall. This location truly has it all!
Details
| MLS # | 12538329 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 151 |
| Listing Provided By | Century 21 Circle | Karen Kramford |
Features
| SQ Feet | 16,800 |
|---|---|
| Story(s) | 1 |
| Units | 11 |
| Acreage | 1.92 |
Interior
| Cooling | Office Only |
|---|
Utilities
| Electric | Other |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 23597.24 |
Area Information
| State | IL |
|---|---|
| County | Kane |
| City | Aurora |
| Zip Code | 60505 |
| Area | Aurora | Eola |
| Listing VS Median (in 60505) | |
Price: $2,400,000 low | high Med: $260,000 sqft: 16,800 low | high Med: 914 $ / sqft: $143 low | high Med: $288 On site: 151 low | high Med: 36 | |
Market Activity 60505
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Learn More About This Property
| State | IL |
|---|---|
| County | Kane |
| City | Aurora |
| Zip Code | 60505 |
| Area | Aurora | Eola |
| Listing VS Median (in 60505) | |
Price: $2,400,000 low | high Med: $260,000 sqft: 16,800 low | high Med: 914 $ / sqft: $143 low | high Med: $288 On site: 151 low | high Med: 36 | |