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    Genesis Way North Aurora, IL 60542

    Sponsored
    For Sale
    $610,000

    Prime 2.04-acre lot, B-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.04-acre commercial land parcel, identified by APN numbers 14-01-427-010 and 14-01-427-020, presents a remarkable development opportunity in the thriving Orchard Commerce Center of North Aurora, Illinois (zip code 60542). Situated on Genesis Way, Lot 3, this B-2 zoned property enjoys a highly visible location within a bustling commercial area. The site benefits from its proximity to major transportation arteries, including I-88, and is surrounded by established businesses such as the North Aurora Auto Mall, Woodman's, McDonald's, Giordano's, and Dunkin' Donuts, ensuring high traffic volume and excellent visibility. The Village of North Aurora is known for its pro-development stance, making this an ideal location for a variety of commercial ventures. This property offers significant potential for developers seeking a strategic location with strong infrastructure and a supportive municipal environment. The asking price for this exceptional opportunity is $610,000. Don't miss this chance to establish your business in a prime North Aurora location.

    Property Features for 0 Genesis Way

    General Information

    Property type
    Land
    Lot Size
    88,862 SF

    HighLights

    • $610,000 asking price.
    • 2.04‑acre commercial land parcel.
    • B‑2 zoning.
    • Located in North Aurora, IL, APN: 14‑01‑427‑010, 14‑01‑427‑020.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3760964
    Latitude
    41.8007514

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    FAQs

    What type of property is this?
    Land - Prime 2.04-acre lot, B-2 zoning.
    Where is this land located?
    The property is located at Genesis Way North Aurora, IL.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: $610,000 asking price.; 2.04-acre commercial land parcel.; B-2 zoning.
    (630) 313-4257
    Request Owner's contact information
    Genesis Way North Aurora, IL 60542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Genesis Way North Aurora, IL 60542
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