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Multi-Unit Restaurant Building
For Sale
$550,000

7-11 N Elmwood Drive N, Aurora, IL 60506

Commercial Sale, Aurora, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market36

Property Features for 7-11 N Elmwood Drive N

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions From I-88 go South on Lake (Rt. 31) to Galena Blvd. right or west to Elmwood. Property is immediately on the right or eastside of street. From south starting at Oswego take Route 31 to Galena Blvd. go left or west to Elmwood turn right or north. Property is immediately on the right or eastside of street.
Subdivision Aurora / Eola
Standard status Active
APN 1521151013
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6913

Utilities

Cooling system Central Air

Amenities

grease trap
walk-in coolers
freezer/coolers
prep tables
oven
scullery sinks
overhead door for deliveries
dry storage

Building Details

Year built 1964
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: Keller Williams Innovate · Keller Williams Realty
Listed By: Ray Garcia
Added: Jul 16 Changed: Aug 19 Last Checked: Aug 20 at 9:06PM
MLS# 12708575

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 3,000+ SF brick restaurant property, built in 1964, is arranged for multiple commercial food uses. The layout includes a primary restaurant area, a separate unit leased to an ice cream shop, and an adjacent taco business. Existing improvements include most kitchen equipment, a grease trap, walk-in coolers, freezer/coolers, prep tables, an oven, scullery sinks, dry storage, and an overhead delivery door.

The property includes 11 dedicated off-street parking spaces and is located at 7-11 N Elmwood Drive N in Aurora, immediately north of North Elmwood and West Galena Boulevard. West Aurora High School and Aurora University are located a few blocks away, with surrounding residential neighborhoods and university-area activity nearby. Zoning is identified as COMMR.

Key Highlights

  • 3,000+ SF brick restaurant building on a 0.1414‑acre lot
  • Multi‑unit configuration with a primary restaurant, leased ice cream unit, and adjacent taco business
  • Kitchen infrastructure includes grease trap, walk‑in coolers, freezer/coolers, oven, prep tables, and scullery sinks

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick restaurant property with multiple operating spaces, kitchen infrastructure, dedicated parking, and delivery access.
Where is this conventional restaurant located?
The property is located at 7-11 N Elmwood Drive N Aurora, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,000+ SF brick restaurant building on a 0.1414‑acre lot; Multi‑unit configuration with a primary restaurant, leased ice cream unit, and adjacent taco business; Kitchen infrastructure includes grease trap, walk‑in coolers, freezer/coolers, oven, prep tables, and scullery sinks
More about this property
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