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    740 Il Rte, Unit 59 Aurora, IL 60504

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    For Lease
    Contact for pricing

    Prime retail space with high visibility and strong frontage.

    Property size:
    10,875 SF
    Lot size:
    10,875 SF

    Property Features for 740 Il Rte

    General Information

    Size
    10,875 SF

    Building Details

    Year built
    2001

    Source: Joel Miller, CCIM Agent Joel Miller, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High Visibility Retail on Route 59

    This high-visibility outlot position offers exceptional frontage, visibility, and signage on Route 59. Anchored by Zen Leaf Cannabis Dispensary, the property benefits from a customer base with high disposable income. The unit is suitable for various uses, including fast-casual restaurants, cafes, retail, medical, and dental practices. Situated in the heart of the Route 59 retail corridor, a busy retail area in the western suburbs, the property is located directly across from Block 59, a dining and entertainment destination featuring Cheesecake Factory and other establishments. It is also positioned just north of Fox Valley Mall, a 1.5 million square foot enclosed regional mall anchored by Macy’s and JCPenney. The location benefits from new development, including Block 59 and 1,000 new residential units currently under construction. The property is shadow-anchored by Meijer and experiences 68,000 vehicles per day on IL Route 59.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2508
    Latitude
    41.7671

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    FAQs

    What type of property is this?
    Retail space - Prime retail space with high visibility and strong frontage.
    Where is this retail space located?
    The property is located at 740 Il Rte, Unit 59 Aurora, IL.
    What are key features of this property?
    This property features: - High-visibility location with exceptional frontage and signage on Route 59 (68,000 VPD).; - Anchored by Zen Leaf Cannabis Dispensary, attracting an affluent customer base.; - Located in the heart of the Route 59 retail corridor, one of the busiest in the western suburbs.
    (630) 270-6949
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    740 Il Rte, Unit 59 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
    740 Il Rte, Unit 59 Aurora, IL 60504
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