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    305 S Lake St Aurora, IL 60506

    Sponsored
    For Sale
    Under Contract
    $450,000

    COMMERCIAL - Aurora, IL

    Lot size:
    0.63 Acres
    Days on Market:
    84
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 305 S Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    1521452058
    Lot size
    0.63 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1926
    Floors in Building
    2

    Century 21 Affiliated - Naperville (630) 369-2000 [email protected]

    Listing agent Karen Kramford (630) 747-3205

    Listing date Oct 14, 2025

    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

    Two-Story Office Building in Aurora

    Located at the southwest corner of South Lake Street and Gale Street in Aurora, this property features a two-story office building and a three-story stone staff residence and office hall. The property offers 14,328 square feet of space with R5 zoning, including individual offices, open work areas, an activity room, and a communal dining area with an adjoining kitchen. The property is situated on 0.63 acres of landscaped grounds and includes an 8-car paved parking lot and a three-car brick garage. Access is facilitated by an entrance from Gale Street and an exit onto South Lake Street, which features a traffic signal. Located in the Illinois Technology and Research Corridor, the property is blocks away from the central business district. Nearby retail centers offer dining options, and recreational activities include biking or walking along the Fox River, golfing, and shopping at the Outlet Mall and Fox Valley Mall. The property is suitable for business or organizational operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Missionaries of the Sacred Heart Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.325498
    Latitude
    41.7552162

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    FAQs

    What type of property is this?
    Office building - Two-story office building with staff residence and ample parking.
    Where is this office building located?
    The property is located at 305 S Lake St Aurora, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location at the southwest corner of South Lake Street and Gale Street in Aurora, IL.; - Substantial 14,328 square feet of space with R5 zoning.; - Includes a **two-story office building and a three-story stone staff residence/office hall**.
    (630) 369-2000
    Request Owner's contact information
    305 S Lake St Aurora, IL 60506
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    Aurora, IL 60506
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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
    305 S Lake St Aurora, IL 60506
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