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16 N Broadway, Aurora, IL 60505

Commercial Lease, Aurora, IL

Space Size1,500 SF
Days on Market5

Property Features for 16 N Broadway

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions Head South on Rt 25, past New York Street Property located between New York Street and Galena Blvd on West side of Rt 25
Subdivision Aurora / Eola
Standard status Active

Taxes and HOA fees

Tax Year 2022

Utilities

Cooling system Central Air

Amenities

Parking
Metra Station

Building Details

Year built 1905
Floors in Building 1
Listing Agency: Keller Williams Infinity
Listed By: Athanasios Tsipas · License #471021109
Added: Aug 23 Changed: Aug 24 Last Checked: Aug 27 at 11:06AM
MLS# 12634352

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.

This 1,500-square-foot retail space occupies a 19-by-79-foot layout in a building constructed in 1905. Central air is provided, and the space is identified for retail, professional services, office, day spa, gallery, and comparable commercial uses. Zoning is listed as RTAIL.

The property is situated within Aurora’s Downtown Historic District, with nearby residential housing, parking, a Metra station, restaurants, theaters, art galleries, and cultural events. The surrounding setting offers access to a range of established downtown destinations and transit-oriented amenities.

Key Highlights

  • 1,500‑square‑foot retail space with a 19‑by‑79‑foot layout
  • Located within Aurora’s Downtown Historic District
  • Central air cooling

Property Analytics

Current Use

Latino Immigration And Legal ... Law Firm

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Store & Service Tech Support Center Tanning Salon

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,592
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 18% Electronics 11% Groceries 10%
BP Shops & Services
7,580 visits/mo 0.1 miles
Family Dollar Shops & Services
6,146 visits/mo 0.2 miles
PLS Financial Services Shops & Services
5,865 visits/mo 0.4 miles
Save-A-Lot Groceries
5,229 visits/mo 0.5 miles
Holiday Inn Express & Suites Aurora - Naperville Hotels & Casinos
5,094 visits/mo 0.3 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

Market

Lease Benchmarks for Aurora, IL

$19.73 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
3,782 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Central air serves a commercial space suited to retail, professional services, office, day spa, gallery, or similar uses.
Where is this retail space located?
The property is located at 16 N Broadway Aurora, IL.
What are key features of this property?
This property features: 1,500‑square‑foot retail space with a 19‑by‑79‑foot layout; Located within Aurora’s Downtown Historic District; Central air cooling
More about this property
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