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

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 Market451

Property Features for 1542 E New York St

General Information

Standard status Active
Size 15,680 SF
Property subtype RETAIL

Additional Details

Road Access Yes
Clear Height 14 ft

Amenities

showroom
private offices
restrooms
Listing Agency: Dolan & Murphy Inc
Listed By: Dan J Dolan
Source: Moodyscre
Added: Aug 5, 2025 Changed: Oct 26 Last Checked: Oct 28 at 6:55AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Estimated NOI and Cap Rate

NOI / Yr
$152,292
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,045,840 $3.0M
Cap Rate 7%
$2,175,600 $2.2M
Cap Rate 9%
$1,692,133 $1.7M
Market Conditions
NOI Build-Up for 15,680 SF
Gross rent
$235.2K $15.00/SF
− Vacancy
−$17.6K −$1.13/SF
EGI
$217.6K $13.88/SF
− OpEx
−$65.3K −$4.16/SF
NOI
$152.3K $9.71/SF
Area
Aurora, IL
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,045,840
Cap Rate 7%
$2,175,600
Cap Rate 9%
$1,692,133

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carfect Car Dealership

Suggested Use

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

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

14 ft
Clear height
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Dining 45% Shops & Services 4%
Aldi Groceries
22,813 visits/mo 0.2 miles
Burger King Dining
14,280 visits/mo 0.3 miles
KFC Dining
6,370 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
1,992 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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
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