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    55 Constitution Dr Aurora, IL 60506

    Sponsored
    For Sale
    $399,000

    1 Acre Retail Outlot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.003-acre commercial land parcel presents a rare opportunity in Aurora, Illinois's thriving Galena Boulevard Commercial District. Located at 55 S Constitution Dr, zip code 60506, this property boasts a highly desirable location surrounded by established businesses and significant foot traffic. The asking price is $399,000. Its strategic placement within the bustling commercial district ensures excellent visibility and accessibility for any prospective business. The property's size makes it ideal for a variety of commercial developments, offering significant potential for return on investment. Neighboring businesses include prominent national chains such as McDonald's, Burger King, Ace Hardware, and Jewel Foods, as well as local favorites like Mothers Restaurant, Taco Bell, KFC, and Dunkin Donuts. This strong commercial presence creates a vibrant and well-established environment, attracting a consistent flow of customers. The property's location in Kane County, Illinois, offers easy access to major transportation routes, further enhancing its appeal and potential for success. This is a unique opportunity to acquire a prime piece of commercial real estate in a high-demand area. The property is zoned for commercial use. Serious inquiries are encouraged.

    Property Features for 55 Constitution Dr

    General Information

    Property type
    Land
    Lot Size
    43,691 SF

    HighLights

    • Strong co‑tenancy with McDonald's, Burger King, Ace Hardware, Mother's Restaurant, Jewel‑Osco, Taco Bell, KFC, and Dunkin'.
    • High‑traffic location with established national and regional brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    St Paul Lutheran ... Place Of Worship Lindsay Window Illinois Window Supplier

    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
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3725688
    Latitude
    41.7635446

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    FAQs

    What type of property is this?
    Land - 1 Acre Retail Outlot, High Traffic
    Where is this land located?
    The property is located at 55 Constitution Dr Aurora, IL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Strong co-tenancy with McDonald's, Burger King, Ace Hardware, Mother's Restaurant, Jewel-Osco, Taco Bell, KFC, and Dunkin'.; High-traffic location with established national and regional brands.;
    Request Owner's contact information
    55 Constitution Dr Aurora, IL 60506
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    Aurora, IL 60506
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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
    55 Constitution Dr Aurora, IL 60506
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