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    209 5Th St Aurora, IL 60505

    For Sale
    $350,000

    Prime Aurora location, 4 potential rental units.

    Property size:
    2,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 209-211 Fifth Street in Aurora, Illinois, presents a unique investment opportunity. The 2,180 square foot building offers four potential rental units, currently including an active restaurant tenant. The seller is now including the restaurant and its fixtures as part of the sale, providing an immediate income stream. This is one of two side-by-side properties available, each offering two commercial rental units. The potential exists to acquire both properties and control the entire corner, creating a substantial portfolio. Significant improvements and upgrades have been made throughout the building, including repairs and replacements. Each property features commercial kitchen capabilities, making them ideal for a variety of food-service businesses or other commercial ventures. Located in a quiet Aurora neighborhood, just south and east of the downtown area, this property benefits from convenient access to local amenities and transportation. The opportunity to own both properties and control the entire corner presents a compelling investment proposition for a discerning buyer. The existing restaurant tenant owns most of their equipment separately.

    Property Features for 209 5Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,180 SF

    Building Details

    Year Built
    1900
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -88.31108
    Latitude
    41.75118

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Aurora location, 4 potential rental units.
    Where is this mixed-use property located?
    The property is located at 209 5Th St Aurora, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    (630) 393-1700
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    209 5Th St 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
    209 5Th St Aurora, IL 60505
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