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Multi-Tenant Office Building
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31 W DOWNER PL, Aurora, IL 60506

Established downtown office property with shared meeting and client amenities serving more than 30 tenants.

Property SizeContact for details
Days on Market17

Property Features for 31 W DOWNER PL

General Information

Standard status Active
Elevators Yes
Property subtype Office

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

waiting area
conference room
lounge

Building Details

Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Infinity
Listed By: Omar Tharani · License #IL 475171491
Source: Crexi
Added: Sep 11 Changed: Sep 16 Last Checked: Sep 26 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 Keller Williams Infinity

Investment Insights

Based on property information with market context.

Built in 1910, this multi-story office property accommodates more than 30 tenants in a downtown Aurora setting. Shared features include an elevator, reception-style waiting area, conference room, and lounge, providing practical amenities for occupants and their clients. The building also offers views toward the Fox River.

The property is located near downtown dining and coffee shops and is surrounded by high-density residential neighborhoods. Aurora METRA Station is less than 1 mile away, while Interstate 88 is less than 4 miles south and IL Route 59 is approximately 6 miles east. The building is positioned within an area experiencing substantial redevelopment.

Key Highlights

  • More than 30 tenants occupy the multi‑story office building
  • Constructed in 1910
  • Elevator, waiting area, conference room, and lounge included

Property Analytics

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Current Use

Happy Thoughts Suicide ... Charitable Organization Martello Waste Disposal Waste Management Facility Elements of Wellness Counseling, ... Corporate Office Figueroa & Associates Physician Rainbow Wing - East ... Crisis Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service Tanning Salon Pet Store & Service Fish Market

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,702
Businesses Nearby

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established downtown office property with shared meeting and client amenities serving more than 30 tenants.
Where is this office building located?
The property is located at 31 W DOWNER PL Aurora, IL.
What is the asking price?
The asking price for this property is $3,175,000.
What are key features of this property?
This property features: More than 30 tenants occupy the multi‑story office building; Constructed in 1910; Elevator, waiting area, conference room, and lounge included
(630) 412-1642 Call to check price and availability
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