Address
305 S Lake Street, Aurora, IL
Price
$ 470,000
Property Attributes
  • MLS#11200936
  • TypeCommercial
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • Zip60506
  • Style
  • Price$ 470,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14329
  • Lot Size0.63 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Is it time for a change in your business or organization? On the southwest corner of S Lake and Gale Streets sits a two-story office building with a three-story stone staff residence hall. Zoned R5, the 14,328 square-foot building includes individual offices, two open work areas, a large activity room, and a communal dining room with a kitchen. The grounds around the buildings contain manicured landscaping, an 8-car paved parking lot, and a brick 3-car garage. The entrance to the property is on Gale Street, and the exit is on S Lake Street. A traffic signal controls the intersection with a 15,400 adt. Aurora is part of the Illinois Technology and Research Corridor. 305 S. Lake sits within a few blocks of the central business district. Close to retail centers containing sit-down or drive-through food service. Aurora offers other fantastic recreational activities: bike or walk along the Fox River, hit the links at many local courses, or shop at the Outlet Mall and the Fox Valley Mall.

Price History
8/26/2021 Listed $700,000
9/15/2022 33% - $470,000

General Features

Cooling Window Unit(s)
Year Built 1926
Tenant Pays Varies by Tenant
Stories 2
Township Aurora
Tax Year 2021
County Kane
Property Type Commercial Sale
Status Active
Directions I-88 to IL-31 (Lake Street) south to the building on the southwest corner of Lake and Gale Street. Use the Gale Street driveway to enter.
City Aurora
MLS Area Aurora / Eola
Street Name Lake
Additional Parcels Y/N No
Virtual Tour https://www.asteroom.com/pviewer?hideleadgen=1&token=mH7ZCDrIHEKBC_vLx-UBzw&autorotation=1&defaultviewdollhouse=1&showdollhousehotspot=1
Days on Market 860
Standard Status Active
Property Type Instut/To Develop

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 14329
Lot Dimensions 147.92 X 35.36 X 140 X 165
Lot Size Acres 0.63

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 Commercial Average in 60506

Price
AVG $220K
$470K
Visits
AVG 164
733
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1926
Walkscore
AVG 74
71
Data Provided by Walkscore® not using MLS data

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