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Historic Office Suite
New
For Lease
$18.50 SF/Yr Modified Gross

31 West Downer Place, Aurora, IL 60506

Shared amenities include an elevator, waiting area, conference room, and lounge.

Space Size545 SF
Property Size11,200 SF
Days on Market4

Property Features for 31 West Downer Place

General Information

Standard status Active
Size 545 SF
Net Rentable 545 SF
Elevators Yes
Property subtype OFC
Lease Type Modified Gross

Space & Availability

Available Space 545 SF
Contiguous Space 545 SF
Space Use Office

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

waiting area
conference room
lounge

Building Details

Building Size 11,200 SF
Year Built 1910
Tenancy Multi
Listing Agency: Keller Williams Infinity
Listed By: Omar Tharani · License #475171491
Source: Realnex
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 4 at 1:58PM

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.

A 545-square-foot office suite is available in a multi-story building constructed in 1910. The property accommodates 30+ tenants and provides shared access to an elevator, waiting area, conference room, and lounge. The building formerly served as the YWCA.

Located in downtown Aurora, the property overlooks the Fox River. Interstate 88 is less than 4 miles north, IL Route 59 is approximately 6 miles east, and the Aurora METRA Station is less than 1 mile away.

Key Highlights

  • 545‑square‑foot office suite
  • Multi‑story building constructed in 1910
  • 30+ tenants in the building

Property Analytics

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Open Analytics

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
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM

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

Lease Benchmarks for Aurora, IL

$17.66 /SF/Yr
Avg Asking Price
$8–$23 /SF/Yr
Price Range
5,513 SF
Avg Space Size

This space is priced 5% above the average of $17.66 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Shared amenities include an elevator, waiting area, conference room, and lounge.
Where is this office units located?
The property is located at 31 West Downer Place Aurora, IL.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: 545‑square‑foot office suite; Multi‑story building constructed in 1910; 30+ tenants in the building
More about this property
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