Value-Add Retail
1175 Oak Street North Aurora, IL 60542
1175 Oak Street, North Aurora, IL, 60542
$1,750,000
For Sale
$1,750,000
COMMERCIAL - North Aurora, IL
Property Size8,862 SF
Lot Size1.38 Acres
Price / SF$197.47
Days on Market1136
Property Features for 1175 Oak Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 1505134002
- Lot size
- 1.38 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 20923
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Building materials
- Brick, Block, Stucco
Listing agency
Brummel Properties, Inc.
(630) 551-8005
Listed by
Anthony Brummel · License #471015302
(630) 551-8005
Added: Jun 12, 2023 Updated: Jul 21 at 1:28PM Checked: Jul 21 at 9:06PM
MLS# 11806537
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.
Value-add retail storefront property at 1175 Oak Street, North Aurora, IL, offered as an owner-user or investment. The property includes a long-term tenant and presents an opportunity for an owner to occupy additional retail space.
The site is positioned at the intersection of Randall and Oak Street and is located near several national retailers, including Walgreens, Aldi, Country Financial, Pet Supplies Plus, and Anytime Fitness. Zoning is listed as COMMR.
The offering is designed to support both continued income from the existing tenant and potential use by an owner, depending on how the available space is configured for occupancy.
The site is positioned at the intersection of Randall and Oak Street and is located near several national retailers, including Walgreens, Aldi, Country Financial, Pet Supplies Plus, and Anytime Fitness. Zoning is listed as COMMR.
The offering is designed to support both continued income from the existing tenant and potential use by an owner, depending on how the available space is configured for occupancy.
Key Highlights
- Construction materials: brick, block, and stucco
- Year built: 2006
- Central air cooling
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.5k | $18.00 |
| − Vacancy | −$6.7k | −$0.76 |
| EGI | $152.8k | $17.24 |
| − OpEx | −$45.8k | −$5.17 |
| NOI | $107.0k | $12.07 |
8,862 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.78M
NOI $106,971 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,175 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tommy & Sons Electricians
Electrical Service
On the Edge Salon & Spa
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Storefront property with a long-term tenant and room for an owner to occupy additional retail space.
Where is this storefront property located?
The property is located at 1175 Oak Street North Aurora, IL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Construction materials: brick, block, and stucco; Year built: 2006; Central air cooling
