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    711 Cmns Dr Aurora, IL 60504

    Sponsored
    For Sale
    $3,999,999

    Spacious office building, ideal owner-user opportunity.

    Property size:
    53,818 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 53,818-square-foot, two-story office building presents a unique owner-user opportunity in Aurora, IL. Situated on a substantial 6.94-acre lot at 711 N Commons Drive, this single-tenant property boasts a prime location and is in excellent condition. The building underwent a complete interior renovation in 2015, ensuring modern and efficient workspace. Further enhancing its appeal are significant capital improvements, including the installation of an HVAC automation system for remote control and a bipolar ionization filtration system, implemented in response to COVID-19 concerns, to improve air quality. The roof received a complete overlay replacement in 2019, backed by a transferable warranty extending to 2039. With ample parking (380 spaces, a ratio of 7.15 per 1000 square feet), the property offers significant convenience. The expansive lot allows for future building expansion, presenting considerable growth potential. The building is professionally managed and shows no significant deferred maintenance, making it a truly turnkey investment. Built in 1998, this property combines established infrastructure with modern upgrades, creating an exceptional opportunity for a discerning buyer. The asking price is $3,999,999.

    Property Features for 711 Cmns Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    53,818 SF
    Lot Size
    302,306 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Aurora
    County
    DuPage
    State
    Illinois
    Longitude
    -88.21846
    Latitude
    41.76971

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious office building, ideal owner-user opportunity.
    Where is this office property / space located?
    The property is located at 711 Cmns Dr Aurora, IL.
    What is the asking price?
    The asking price for this property is $3,999,999.
    (312) 676-1866
    Request Owner's contact information
    711 Cmns Dr Aurora, IL 60504
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    Aurora, IL 60504
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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
    711 Cmns Dr Aurora, IL 60504
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