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    1238-1270 N Lake St Aurora, IL 60506

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    For Lease
    Contact for pricing

    Retail opportunity near Cermak Fresh Market in Aurora, Illinois.

    Property size:
    1,954 SF
    Lot size:
    9.55 Acres

    Property Features for 1238-1270 N Lake St

    General Information

    Size
    1,954 SF
    Lot size
    9.55 Acres

    Source: Mid-America Real Estate Group Agent Liz Krebs

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

    Overview

    Retail Space Near Cermak Grocer

    This retail property is located near a Cermak Fresh Market, which ranks in the top 70% of visited grocery stores nationally and has 10 times the traffic of its nearest competitor. The location is part of a dominant power center with Ross Dress for Less, Five Below, DD’s Discounts, and Dollar Tree. A 7,451 square foot small anchor opportunity is available, along with small shop space. Opportunities for signage are available, including pylon signs. Anchor, pad, and small shop opportunities are available. The property offers 1,954 square feet of space and is located at 1238-1270 N Lake St, Aurora, IL.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Convenient Shopping Center, Aurora Commons, Northgate Shopping Center, Lake Plaza, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3199765
    Latitude
    41.7823161

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    FAQs

    What type of property is this?
    Shopping center - Retail opportunity near Cermak Fresh Market in Aurora, Illinois.
    Where is this shopping center located?
    The property is located at 1238-1270 N Lake St Aurora, IL.
    What are key features of this property?
    This property features: - Dominant shadow-anchored by Cermak Fresh Market, a top-performing grocery store with significantly higher traffic.; - Located in a dominant power center with national retailers including Ross Dress for Less and Dollar Tree.; - **7,451 SF small anchor space available.**
    (630) 954-7300
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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
    1238-1270 N Lake St Aurora, IL 60506
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