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1542 E New York St, Aurora, IL, 60505
Retail Showroom with Offices

1542 E New York St Aurora, IL 60505

For Sale
Contact for pricing

Retail showroom features 14' ceiling height, multiple private offices, and three restrooms on a busy road.

Property Size15,680 SF
Price / SF$108.10
Days on Market360

Property Features for 1542 E New York St

General Information

Standard status Active
Size 15,680 SF
Property subtype RETAIL
Listing Agency: Dolan & Murphy Inc
Listed By: Dan J Dolan
Source: Moodyscre
Added: Aug 5, 2025 Changed: Jul 25 Last Checked: Jul 29 at 2:25PM

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 Dolan & Murphy Inc

Investment Insights

Based on property information with market context.

This retail showroom property is built for front-of-house display and back-office use, with 14' ceiling height and several private offices. The space also includes 3 restrooms to support daily operations. The property is set up with 5 DIDs and a showroom layout designed for customer-facing activity.

The building fronts a busy road and offers great visibility, supporting retail and showroom traffic. The configuration is suitable for users who want both open showroom space and dedicated office rooms within the same facility.

Overall, it presents a complete retail/showroom environment with interior office space and multiple restroom facilities, positioned for high exposure from passing traffic.

Key Highlights

  • Retail showroom with 14' ceiling height
  • Located on a busy road
  • Includes showroom plus several private offices

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 $235.2k $15.00
− Vacancy −$17.6k −$1.13
EGI $217.6k $13.88
− OpEx −$65.3k −$4.16
NOI $152.3k $9.71
15,680 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.18M
$1.90M – $2.54M (±1% cap)
NOI $152,292 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M (±1% cap)
NOI $314,227 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Carfect Car Dealership

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Showroom - Retail showroom features 14' ceiling height, multiple private offices, and three restrooms on a busy road.
Where is this showroom located?
The property is located at 1542 E New York St Aurora, IL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Retail showroom with 14' ceiling height; Located on a busy road; Includes showroom plus several private offices
(630) 885-5785 Call to check price and availability
More about this property
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