Sprinklered Retail
2620 N Farnsworth Ave, Aurora, IL 60502
For Sale
Contact for pricing
The property includes on-site parking and a fire sprinkler system.
Property Size10,000 SF
Price / SF$160
Days on Market8
Property Features for 2620 N Farnsworth Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Traffic Count
Additional Details
Sprinkler System
Listing Agency:
Dolan & Murphy Inc
(630) 801-8800
Listed By:
Ryan Dolan · License #475103405
(630) 774-8522
Source:
Moodyscre
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 8 at 6:19AM
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
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 10,000-square-foot retail property is equipped with a sprinkler system and has 26 parking spaces. Its location on N Farnsworth Ave in Aurora provides exposure to a corridor with reported traffic of 27,900 vehicles per day.
Key Highlights
- 10,000 square feet of retail space
- 26 parking spaces
- Sprinkler system installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,125
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,942,500
$1.9M
Cap Rate 7%
$1,387,500
$1.4M
Cap Rate 9%
$1,079,167
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$150.0K $15.00/SF
− Vacancy
−$11.3K −$1.13/SF
EGI
$138.8K $13.88/SF
− OpEx
−$41.6K −$4.16/SF
NOI
$97.1K $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%
$1,942,500
Cap Rate 7%
$1,387,500
Cap Rate 9%
$1,079,167
Alternative Uses
Best Use
Retail
$1.39M
$1.21M – $1.62M
NOI $97,125 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,400 @ 7.0% cap · market cap 12.53%
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
Lease Details
27,900 VPD
Traffic count
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
274k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 30%
Shops & Services 28%
Electronics 3%
Walmart
Superstores
109,140 visits/mo
0.5 miles
Thorntons
Shops & Services
36,339 visits/mo
0.2 miles
BP
Shops & Services
21,581 visits/mo
0.3 miles
Wendy's
Dining
16,092 visits/mo
0.5 miles
Starbucks
Dining
16,090 visits/mo
0.4 miles
Demographics for 60502, IL
22,592
Population
8,695
Households
2.6
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,017
Density / Sq Mi
$150,421
Median Household Income
$70,882
Median Earnings
$1,953
Median Rent
$389,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in Kane County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The property includes on-site parking and a fire sprinkler system.
Where is this retail space located?
The property is located at 2620 N Farnsworth Ave Aurora, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 10,000 square feet of retail space; 26 parking spaces; Sprinkler system installed
