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Vacant Storefront Space
For Lease
$17 SF/Yr

1054 S 5th St Unit 1, Aurora, IL 60505

Lease opportunity near residential housing with flexibility for childcare, studio, office, or retail use.

Space SizeContact for details
Days on Market28

Property Features for 1054 S 5th St Unit 1

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: 1st Choice Real Property
Listed By: Sam Tayabali
Source: Grandviewrealtyservices
Added: Aug 1 Changed: Aug 28 Last Checked: Aug 25 at 4:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1st Choice Real Property

Investment Insights

Based on property information with market context.

This vacant storefront at 1054 S 5th St Unit 1 offers commercial space for lease in a building constructed in 1920. The property is positioned for several stated use concepts, including day care or child care, a yoga or Zumba studio, an insurance office, or a retail store.

Located in southeast Aurora, the storefront is surrounded by residential houses, providing a neighborhood-oriented setting for a service or retail operation. The property is identified as Unit 1.

Key Highlights

  • Vacant storefront space offered for lease
  • Located at 1054 S 5th St Unit 1, Aurora, IL 60505
  • Constructed in 1920

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
14,949 visits/mo 0.5 miles
Circle K Shops & Services
4,902 visits/mo 0.5 miles

Demographics for 60505, IL

57,906
Population
18,681
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
64%
High-School Grad
10.1 sq mi
ZIP Area
5,733
Density / Sq Mi
$70,306
Median Household Income
$33,912
Median Earnings
$1,230
Median Rent
$192,500
Median Home Value

Market

Lease Benchmarks for Aurora, IL

$14.73 /SF/Yr
Avg Asking Price
$12–$17.93 /SF/Yr
Price Range
6,097 SF
Avg Space Size

This space is priced 15% above the average of $14.73 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Storefront property - Lease opportunity near residential housing with flexibility for childcare, studio, office, or retail use.
Where is this storefront property located?
The property is located at 1054 S 5th St Unit 1 Aurora, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Vacant storefront space offered for lease; Located at 1054 S 5th St Unit 1, Aurora, IL 60505; Constructed in 1920
More about this property
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