Price Reduction
Address
30 N Broadway, Aurora, IL
Price
$ 625,000
Property Attributes
  • MLS#11842214
  • TypeCommercial
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • NeighborhoodPigeon Hill
  • Zip60505
  • Style
  • Year Built1900
  • Taxes$ 3607
  • Price$ 625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size3,528 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

For Sale and RARE "NO" RESTORATION REQUIRED for this beautifully mix use three story property in the heart of Historic Downtown Aurora IL which is in its 2nd Phase of its Renaissance... Amazing on how Aurora IL (just 40 miles from Downtown Chicago) is transforming into become a desirable and affordable Urban Lifestyle Destination. With multiple City and Development projects completed and currently underway.... Eyes Are On Aurora IL! Aurora is surrounded by, Multi-Cultural Diversity, Arts, Entertainment, Dining and Proud Vibrant and Supportive Community with wonderful and popular civic events such as First Fridays, Farmers Markets and various family events, parades and other festivities throughout the year. This property has great visibility from West bound New York Street and South and North bound North Broadway. City parking lot in very close proximity. Located within walking distance to Metro Train Station and nearby entertainment which includes but not limited to Paramount Theater, RiverEdge Park, The Venue, French 75 and a variety of Restaurants, Pubs, Coffee Houses, Art Galleries and Artisans' Shops and a Music Scene that is in its infancy.... Aurora has blossomed and continues to do so since this properties transformation in 2018... with two beautifully updated 2 bedroom / 2 bath and fully rented residential units equipped with updated kitchen appliances, washer/dryer. The 1,500 sq/ft retail space, ideal for professional services, office, retail, etc..... This property is perfect for Owner Occupant and/or Investor. Financial qualifications required prior to scheduling showings. Contact the Listing Agent for more details.

Price History
7/28/2023 Listed $645,000
1/19/2024 2% - $635,000
2/26/2024 1% - $630,000
4/17/2024 1% - $625,000

General Features

Cooling Central Air
Zoning OTHER
Construction Materials Brick
Year Built 1900
Electric Service - 101 to 200 Amps
Tenant Pays Electricity,Heat,Varies by Tenant
Stories 1
Township Aurora
Property SubType Mixed Use
Tax Year 2022
Gross Income 60900
County Kane
Net Operating Income 52752
Operating Expense 7248
Insurance Expense 2400
Property Type Commercial Sale
Status Active
Directions South on Rt 25 (Broadway) 3 doors from South West Corner of North Broadway and E. New York Street
City Aurora
Total Units 3
MLS Area Aurora / Eola
Lot Size Square Feet 3528
Street Name Broadway
Tax Annual Amount 3607
Trash Expense 1440
Water Sewer Expense 1200
Additional Parcels Y/N No
Days on Market 269
Lease Type Modified Gross
Standard Status Active
Property Type Mixed Use

Interior Features

Flooring Vinyl,Wood

Exterior Features

Building Area Total 4500
Lot Dimensions 168' X 21'
Exterior Brick

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 60505

Price
AVG $440K
$630K
Taxes
AVG $13,186
$3,607
Visits
AVG 149
55
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1900

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