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$ 399,500
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Active
727 N. Lake St N Lake ST N Aurora, IL 60507
3,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $114
MLS Listing ID 12706465
Year Built 1950
Annual Tax Amount $6,460
Tax Year 2025
Lot Dimensions 100 X 200
Property Sub-Type Office/Tech
Property Description
Prime commercial opportunity on heavily traveled LAKE STREET (ROUTE 31) in Aurora! Property consists of TWO LOTS WITH SEPARATE PINs, offering approximately 100 FEET OF FRONTAGE on Lake Street and 200 FEET OF DEPTH. Situated along the highly visible Route 31 north-south corridor. High volumes of traffic OVER 20,000 vehicles per day. The two-story building offers approximately 1,250 SQUARE FEET PER FLOOR, plus a finished attic and large basement. The first floor is configured for business/retail use, while the second floor is arranged into four individual office spaces. Each floor has a bathroom, front and rear stair access, large windows, and abundant natural light. Additional features include a LARGE FREESTANDING ELECTRIC SIGN, building signage, 15+ PARKING SPACES, and a NEWER ROOF approximately 1.5 years old. Excellent location approximately ONE BLOCK FROM THE FOX RIVER and nearby bike and walking trails, FIVE MINUTES FROM DOWNTOWN AURORA, and convenient to the DMV, SHOPPING, RESTAURANTS, AND MAJOR ROADWAYS. The Lake Street corridor features numerous established national retailers and restaurants, including STARBUCKS, DUNKIN', TACO BELL, and others, providing strong surrounding commercial activity. Ideal opportunity for an OWNER-USER, INVESTOR, OFFICE, RETAIL, MIXED-USE, REDEVELOPMENT, OR POTENTIAL FRANCHISE LOCATION, subject to zoning and applicable approvals. USE THE EXISTING BUILDING OR EXPLORE REDEVELOPMENT of the large site. Seller will also consider a LAND LEASE WITH AN ESTABLISHED FRANCHISE. Each lot provides approximately 50 FEET OF LAKE STREET FRONTAGE FOR A COMBINED 100 FEET, with separate PINs and tax bills. Floor plans are included in the listing photos. PROPERTY SOLD AS-IS. No showings without listing agent present. 24-HOUR NOTICE REQUIRED.
Location
State IL
County Kane
Area Aurora / Eola
Zoning OTHER
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Office/Tech
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Listed by Vida Chenier of Relocate Chicago Real Estate
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