Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2112 Galena Blvd Aurora, IL 60506

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Galena Blvd Office Suites Available Now

    Lot size:
    15,000 SF

    Property Features for 2112 Galena Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    22500

    Spaces For Lease

    at 2112 Galena Blvd, Aurora, IL 60506 Contact us
    Unit Available Space

    $18 /Mo

    Size
    1,107 SF
    Contact us

    We can help!

    Listing Contact
    J.d. Dolan
    J.d. Dolan

    Listing Agency: Dolan and Murphy Listing Agent: J.d. Dolan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property at 2112 W Galena Blvd in Aurora, Illinois, offers a unique opportunity for businesses seeking flexible and modern office space. Located in Kane County, this retail and office building boasts a total of 15,000 square feet, with a significant 5,000 square feet currently vacant and ready for immediate occupancy. The property is zoned B-2, allowing for a variety of commercial uses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,107 square feet to a maximum contiguous space of 5,000 square feet, providing flexibility to accommodate businesses of various sizes. The building's location within a shopping center in Galena Square offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for clients and employees. This is a rare opportunity to secure prime office space in a thriving Aurora commercial district. The property's address is 2112 W Galena Blvd, Aurora, IL 60506. Don't miss this chance to establish your business in this vibrant and convenient location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kirhofer's Sports Inc (Bike/Boat/Book/etc) Store Service 1 Heating ... Plumbing Service Little Caesars Pizza Restaurant Subway Take-out & Catering Global Data Sciences ... Business Management Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3675634
    Latitude
    41.7636293

    Nearby Similar for Lease

    • Contact for pricing
      137,214 SF

      Aurora Retail/Office/Medical Space

      Commercial space for lease on Route 34 and Farnsworth.
      1521 Ogden Ave, Aurora, IL 60503
      View Details
    • Contact for pricing
      1,580 SF

      Spacious Townhome Near Route 59

      Three-bedroom, 2.5-bath townhome with a two-car garage in Aurora, IL.
      4029 Boulder Ct, Aurora, IL 60504
      View Details
    • Contact for pricing
      45,120 SF

      Aurora Industrial Unit For Rent

      Divisible industrial unit with updated office space and ample loading.
      1700 Landmark Rd, Aurora, IL 60506
      View Details
    • Contact for pricing
      7,096 SF

      Versatile Office/Industrial Flex Space

      Single-story flex space in Meridian Business Campus, Aurora, IL.
      600 N Commons Dr, Aurora, IL 60504
      View Details
    • Contact for pricing
      1,351 SF

      North Aurora Office/Medical Suites

      Office and medical suites available for lease near I-88.
      161 S Lincolnway N, Aurora, IL
      View Details
    • Contact for pricing

      Retail Space in Aurora Historic District

      1,500 sq ft retail space in downtown Aurora.
      16 N Broadway, Aurora, IL 60505
      View Details
    • $25 SF/Yr
      42,000 SF

      Ogden Ave Medical Office Space

      Prime Aurora medical office suites available.
      2124 Ogden Ave, Aurora, IL 60504
      View Details
    • Contact for pricing
      4,500 SF

      Restaurant Endcap with Interstate Visibility

      4,500 SF restaurant space in a high-traffic outlet center.
      1650 Premium Outlet Blvd | Aurora, Aurora, IL 60504
      View Details
    • Contact for pricing
      1,471 SF

      Upgraded Townhome Near Fox Valley

      Two-story townhome with upgrades, spacious layout, and attached garage.
      1918 Middlebury Dr, Aurora, IL 60503
      View Details
    • $17 SF/Yr
      57,000 SF

      Farnsworth Office Center: Aurora, IL

      Class A Office Space for Lease in Aurora
      1444 Farnsworth Ave, Aurora, IL 60505
      View Details
    • Contact for pricing
      1,023 SF

      Retail Space Near Cermak Grocer

      Retail opportunity near Cermak Fresh Market and other retailers.
      1276 N Lake St, Aurora, IL 60506
      View Details
    • $15 SF/Yr
      5,400 SF

      Aurora Executive Office Suites

      Prime Aurora Office Space Available
      407 Galena Blvd, Aurora, IL 60506
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Galena Blvd Office Suites Available Now
    Where is this individual retail property located?
    The property is located at 2112 Galena Blvd Aurora, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 15,000 SF retail/office building in Aurora, IL, with 5,000 SF immediately available.; Located in Galena Square, a 75,000 SF shopping center.; Strong co-tenancy including Dunkin', Subway, Little Caesars, UPS Store, and others.
    (630) 801-8800 Call to check price and availability
    Request Owner's contact information
    2112 Galena Blvd Aurora, IL 60506
    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.
    2112 Galena Blvd
    Aurora, IL 60506
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2112 Galena Blvd Aurora, IL 60506
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing J.d. Dolan
    J.d. Dolan
    Real Estate License ID: 471021830
    (630) 801-8800 (630) 272-2134
    Learn more
    Google sign-in failed. Please try again or use another login method.