Address
1900 E New York Street, Aurora, IL
Price
$ 1,750,000
Property Attributes
  • MLS#12032616
  • TypeLand
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • NeighborhoodLight of the Community
  • Zip60502
  • StyleAgricultural
  • Taxes$ 364
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Discover the immense potential of this prime 13-acre land parcel situated at the historic address of 1900 E New York St, Aurora, IL 60502-a city pulsating with growth and opportunity. This expansive property, divided into three parcels, offers a unique opportunity for visionary developers to tap into a market ripe with commercial promise and steeped in rich local history. Aurora, known as the "City of Lights," was one of the first in the U.S. to implement an all-electric street lighting system in the early 1880s, highlighting the city's longstanding embrace of innovation and progress. Ideal for a variety of high-impact projects, this site could be transformed into a bustling distribution hub, a large-scale retail complex, or a cutting-edge business park, leveraging Aurora's historical significance as a hub of commerce and industry. With its high visibility on New York Street, which sees daily traffic counts of approximately 13,000 vehicles, the location offers unparalleled exposure and accessibility. Situated near Route 59 and multiple thriving shopping centers, any development here would be perfectly placed at the vortex of consumer activity, benefiting from the extensive footfall and vehicular traffic essential for any burgeoning enterprise. The surrounding area is buoyed by robust residential growth, ensuring a steady demand for new services and products, which makes this site an ideal ground for creating Aurora's next landmark commercial development. The land's zoning as B-3 Business and Wholesale District, with allowances for special use permits, provides a flexible canvas for developers looking to innovate or diversify. Seize the opportunity to shape the future of Aurora by developing this land into a cornerstone of community and commerce, echoing the city's pioneering spirit and bright future. Act now to anchor your venture in one of Illinois's most dynamic and historically rich locales

Elementary School Middle School High School
Olney C Allen Elementary School Henry W Cowherd Middle School East High School
Price History
4/18/2024 Listed $1,750,000

General Features

Utilities Electric Nearby,Gas Nearby,Water Nearby
Possession Closing
Zoning COMMR
Township Naperville
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Kane
Property Type Land
Status Active
Directions Rout 59 to E New York St,pass Eastern Ave.
High School East High School
City Aurora
High School District 131
MLS Area Aurora / Eola
Waterfront Y/N No
Street Name New York
Elementary School Olney C Allen Elementary School
Tax Annual Amount 364.26
Middle/Junior High School Henry W Cowherd Middle School
Additional Parcels Y/N Yes
Days on Market 7
Standard Status Active
Middle/Junior School District 131
Elementary School District 131
Property Type Land

Interior Features

Street Suffix Street
Basement None

Exterior Features

Lot Dimensions 271.27,37.51,61.56,72.28,6.63,301.67,238.51
Road Surface Type Asphalt
Frontage Length 271.2
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60502

Price
AVG $910K
$1.75M
Taxes
AVG $695
$364
Visits
AVG 378
31
Data Provided by Inside Real Estate®

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