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    16 N Broadway Aurora, IL 60505

    Picture of Retail properties at N Broadway 16, Aurora, IL
    For Lease
    $18 SF/Yr

    Other - Aurora, IL

    Days on Market:
    83
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 16 N Broadway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1905
    Architectural style
    Other

    Keller Williams Inspire (630) 480-6465 [email protected]

    Listing agent Athanasios Tsipas (630) 778-5800 License #471021109

    Listing date Sep 15, 2025

    MLS# 12472043 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Aurora Retail Space Available

    Located in the heart of Aurora's Downtown Historic District, this 1,500 square foot retail space measures 19 feet by 79 feet. The space is suitable for retail, professional services, office use, a day spa, or a gallery. The property benefits from high visibility and proximity to urban residential housing, parking facilities, the Metra station, restaurants, theaters, art galleries, and cultural event venues.
    Location Intelligence

    Current Use by Public Records

    Latino Immigration And Legal ... Legal Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.313694
    Latitude
    41.756849

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    FAQs

    What type of property is this?
    Retail property - 1,500 sq ft retail space in Aurora's Historic District.
    Where is this retail property located?
    The property is located at 16 N Broadway Aurora, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Aurora's Downtown Historic District; - Versatile 1,500 sq/ft retail space suitable for various businesses (Retail, Professional Services, Office, Day Spa, Gallery etc...); - High visibility location
    (630) 778-5800
    Request Owner's contact information
    16 N Broadway Aurora, IL 60505
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    Aurora, IL 60505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 N Broadway Aurora, IL 60505
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