Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5 Towne Centre Dr North Aurora, IL 60542

    Sponsored
    For Sale
    $463,914

    Prime 2.13-Acre Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.13-acre commercial land parcel enjoys unparalleled visibility from I-88 in North Aurora, Illinois, situated within the thriving North Aurora Towne Center. Zoned B2 PUD, it's ideally suited for a diverse range of uses, including retail, restaurants, entertainment, recreation, or office space. The property boasts superb access and visibility, benefiting from its location near the Orchard Road exit. The surrounding area is anchored by major retailers like Target, JCPenney, and Petco, along with the North Aurora Auto Mall and numerous corporate headquarters, including Kraft, Nestle, and DHL. Utilities are readily available, and off-site storm water management is in place. This presents a unique opportunity for developers seeking a high-traffic location with strong existing infrastructure. The site is one of five available parcels ranging from 1.8 to 11.9 acres, offering flexibility for various development scales. The asking price is $463,914, with a land value of $5 per square foot. The property is located at Lot 5 Towne Center Dr, North Aurora, IL 60542, in Kane County.

    Property Features for 5 Towne Centre Dr

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • 2.13‑acre outlot with excellent I‑88 visibility, ready for development.
    • B2 PUD zoning allows for retail, restaurant, entertainment, recreation, and office uses.
    • Located in North Aurora Towne Center, anchored by Target, JCPenney, and Petco.
    • Proximity to North Aurora Auto Mall and major employers (Kraft, Nestle, etc.).
    • Utilities available; off‑site stormwater management.
    • Five parcels available, ranging from 1.8 to 11.9 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.359897527844
    Latitude
    41.796347408196

    Nearby Comparable

    • $795,000
      3.55 Acres

      Prime North Aurora Commercial Land

      3.55 Acres, I-88 Visibility, B2 Zoning
      0 Orchard Gateway Blvd, North Aurora, IL 60542
      View Details
    • $2,593,345
      5.89 Acres

      16W - Orch Gtwy Blvd

      Land • 5.89 Acres
      16W - Orch Gtwy Blvd, North Aurora, IL 60542
      View Details
    • $2,550,000
      30,000 SF

      North Aurora Retail Complex

      30,000 SF Retail Space, Huge Potential
      1830 Towne Centre Dr, North Aurora, IL 60542
      View Details
    • $1,432,688
      5.98 Acres

      I-88 Development Outlot

      5.98 Acres, North Aurora, IL
      1 Towne Centre Dr, North Aurora, IL 60542
      View Details
    • $385,506
      1.77 Acres

      I-88 North Aurora Outlot

      Prime 1.77-acre development land.
      13 Towne Centre Dr, North Aurora, IL 60542
      View Details
    • $2,865,376
      11.96 Acres

      North Aurora Development Land

      11.96 Acres, B2 PUD Zoning, High Visibility
      1 Orchard Gateway Blvd, North Aurora, IL 60542
      View Details
    • $285,000
      1,302 SF

      Move-In Ready Townhome

      Three-bedroom townhome with new carpeting and fresh paint.
      109 E Victoria Cir, North Aurora, IL 60542
      View Details
    • $1,300,000
      1.56 Acres

      Prime North Aurora Commercial Land

      1.56 Acres, I-88 Access, B-2 Zoning
      Wy Garden Way, North Aurora, IL 60542
      View Details
    • New
      $1,750,000
      1.38 Acres

      North Aurora Commercial Opportunity

      Value-add property with long-term tenant and owner-user potential.
      1175 Oak St, North Aurora, IL 60542
      View Details
    • $590,000
      1.36 Acres

      North Aurora Commercial Land - $590K

      Prime 1.36-acre lot, B-2 zoning.
      0 Genesis Way, North Aurora, IL 60542
      View Details
    • $610,000
      2.04 Acres

      North Aurora Commercial Land

      Prime 2.04-acre lot, B-2 zoning.
      0 Genesis Way, North Aurora, IL 60542
      View Details
    • $920,000
      1.91 Acres

      North Aurora Commercial Land

      1.91-acre lot, prime commercial location.
      0 Genesis Way, North Aurora, IL 60542
      View Details

    Nearby Similar for Sale

    • New
      $1,750,000
      1.38 Acres

      North Aurora Commercial Opportunity

      Value-add property with long-term tenant and owner-user potential.
      1175 Oak St, North Aurora, IL 60542
      View Details
    • Contact for pricing
      21,476 SF

      Upscale Retail Center on Orchard

      High-visibility retail center anchored by Rush Copley and Brothers Chimp.
      1037-1061 W Orchard Rd, North Aurora, IL 60542
      View Details
    • $1,350,000
      20,000 SF

      North Aurora Office Building For Sale

      20,000 SF office building with expansion potential and ample parking.
      101 Overland Dr, North Aurora, IL 60542
      View Details
    • $285,000
      1,302 SF

      Move-In Ready Townhome

      Three-bedroom townhome with new carpeting and fresh paint.
      109 E Victoria Cir, North Aurora, IL 60542
      View Details
    • Contact for pricing
      52,266 SF

      North Aurora Office Building

      52,266 SF office building in North Aurora, Illinois.
      150 S Lincolnway, North Aurora, IL 60542
      View Details
    • Contact for pricing
      3,528 SF

      North Aurora Office Space

      Office space available in North Aurora, Illinois.
      108 John St, North Aurora, IL 60542
      View Details
    • $525,000

      Tollgate Offices: Prime North Aurora Location

      Historic building, updated offices, ample parking.
      149 Lincolnway, North Aurora, IL 60542
      View Details
    • $2,550,000
      30,000 SF

      North Aurora Retail Complex

      30,000 SF Retail Space, Huge Potential
      1830 Towne Centre Dr, North Aurora, IL 60542
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2.13-Acre Development Site
    Where is this land located?
    The property is located at 5 Towne Centre Dr North Aurora, IL.
    What is the asking price?
    The asking price for this property is $463,914.
    What are key features of this property?
    This property features: 2.13-acre outlot with excellent I-88 visibility, ready for development.; B2 PUD zoning allows for retail, restaurant, entertainment, recreation, and office uses.; Located in North Aurora Towne Center, anchored by Target, JCPenney, and Petco.
    Request Owner's contact information
    5 Towne Centre Dr North Aurora, IL 60542
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Towne Centre Dr
    North Aurora, IL 60542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5 Towne Centre Dr North Aurora, IL 60542
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.