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    New York St Aurora, IL 60502

    Sponsored
    For Sale
    $840,055

    2.03-acre pad site, B-2 zoning, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.03-acre commercial land parcel, situated at the intersection of N. Eola Road and E. New York Street in Aurora, Illinois (zip code 60502), presents a unique investment opportunity. The property is designated as Lot 19 within a larger development and boasts a B-2 zoning classification, opening doors to a wide array of commercial uses. Priced at $840,055, or $9.50 per square foot, this land offers significant potential for developers seeking a prime location in DuPage County. The site's convenient access to major thoroughfares ensures high visibility and accessibility. Off-site detention is already in place, simplifying the development process and potentially reducing costs. This ready-to-develop pad site is an excellent choice for businesses seeking a strategic location in a thriving area of Aurora. The property's 2.03 acres provide ample space for a variety of commercial projects, making it an attractive investment for both short-term and long-term growth. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly developing area.

    Property Features for 0 New York St

    General Information

    Property type
    Land
    Lot Size
    88,427 SF

    HighLights

    • One available pad site.
    • 2.03‑acre lot (Lot 19).
    • Includes off‑site detention.
    • B‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Aurora
    County
    DuPage
    State
    Illinois
    Longitude
    -88.2431222
    Latitude
    41.7593851

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    FAQs

    What type of property is this?
    Land - 2.03-acre pad site, B-2 zoning, ideal for development.
    Where is this land located?
    The property is located at New York St Aurora, IL.
    What is the asking price?
    The asking price for this property is $840,055.
    What are key features of this property?
    This property features: One available pad site.; 2.03-acre lot (Lot 19).; Includes off-site detention.
    (630) 317-0729
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    New York St Aurora, IL 60502
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    Aurora, IL 60502
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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
    New York St Aurora, IL 60502
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