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Industrial Warehouse with Dock Loading

401 Hankes Ave, Aurora, IL 60505

For Sale
New
$3,350,000

Dock-high and drive-in loading are paired with three-phase heavy power.

Property Size36,950 SF
Lot Size5.77 Acres
Price / SF$90.66
Days on Market4

Property Features for 401 Hankes Ave

General Information

Standard status Active
Size 36,950 SF
Total Parking Spaces 70
Lot size 5.77 Acres
Property subtype Warehouse

Site & Location

Neighborhood Pigeon Hill Neighbors (Phn)
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 16.6 ft
Dock-High Doors 2
Drive-In Doors 1
Power 1,600 amps
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes

Amenities

Vacant 36,950-Square-Foot Industrial Property Situated on 3.82 Acres
Featuring 16.6 Foot Clear Height, Two Dock Doors, One Drive-in Door, Three-Phase Heavy Power with 1,600A/480V, and 70 Parking Spaces
Includes 1.95-Acre Parcel Allowing for IOS, Additional Parking, or Future Expansion
Immediately Available for Owner-Use or Lease-Up Investment Opportunity
Premier Accessibility Located Two Miles from I-88 | Situated in High Barrier-to-Entry I-88 Submarket with 4.1 Percent Vacancy Rate at Start of Q4 2026
Access to Established Industrial Workforce with 63,885 Jobs in Manufacturing, Construction, Wholesale Trade, and Transportation/Warehousing in Kane County (IDES)

Building Details

Building Size 36,950 SF
Year Built 1958
Listing Agency: Chicago Downtown Office
Listed By: Zach Orzel · License #License(s): IL: 475.198922
Source: Marcusmillichap
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 5:07AM

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 Chicago Downtown Office

Rey
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Investment Insights

Based on property information with market context.

This 36,950-square-foot industrial warehouse, built in 1958, sits on 3.82 acres and is vacant. Building features include 16.6-foot clear height, two dock-high doors, one drive-in door, three-phase power rated at 1,600 amps and 480 volts, and 70 parking spaces. The property also includes a 1.95-acre parcel described as suitable for industrial outdoor storage, additional parking, or expansion.

The site is approximately two miles from I-88 in Aurora, Illinois. The vacant property is available for owner occupancy or lease-up.

Key Highlights

  • 36,950 square feet of industrial space on 3.82 acres
  • 16.6‑foot clear height
  • Two dock‑high doors and one drive‑in door

Property Analytics

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

Current Use

Aurora Defense Group Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Accounting Firm Grocery & Convenience Store Daycare Center Bakery Carpet & Flooring 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

16 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Well-served
Demand for This Use

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

Properties on Market for Warehouses in Kane County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Dock-high and drive-in loading are paired with three-phase heavy power.
Where is this warehouse located?
The property is located at 401 Hankes Ave Aurora, IL.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 36,950 square feet of industrial space on 3.82 acres; 16.6‑foot clear height; Two dock‑high doors and one drive‑in door
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