Address
229 W Galena Boulevard, Aurora, IL
Price
$ 950,000
Property Attributes
  • MLS#11974249
  • TypeCommercial
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • Zip60506
  • StyleCommercial
  • Year Built1990
  • Taxes$ 10593
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10890
  • Lot Size10,890 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Prime Downtown Aurora Commercial Property Welcome to a thriving business opportunity in the heart of downtown Aurora! This prime commercial property offers a strategic location for entrepreneurs looking to establish or expand their ventures. Situated in a bustling area, the property is designed with six well-appointed units, each ready to accommodate a diverse range of businesses. Rental Income Opportunities: As the property owner, you have the opportunity to generate rental income from the six units. This passive income stream adds financial stability and contributes to the overall success of your investment.

Price History
2/17/2024 Listed $950,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1990
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning,Electricity,Sewer
Stories 1
Township Aurora
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial
Gross Income 106800
County Kane
Net Operating Income 50400
Operating Expense 21307
Insurance Expense 2300
Property Type Commercial Sale
Possible Use Commercial,Industrial
Status Active
Directions Route 31 south,west on Galena 1 block to property
City Aurora
Total Units 6
MLS Area Aurora / Eola
Lot Size Square Feet 10890
Street Name Galena
Tax Annual Amount 10593
Electric Expense 1140
Fuel Expense 1140
Trash Expense 960
Water Sewer Expense 840
Additional Parcels Y/N Yes
Days on Market 6
Lease Type Net
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Boulevard

Exterior Features

Building Area Total 10890
Lot Dimensions 60 X 181.5

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
$950K
Taxes
AVG $13,651
$10,593
Visits
AVG 164
64
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1990

Areas We Cover