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5.98 Acre Development Outlot
For Sale
$1,432,688

Lot 1 South Towne Center Drive, North Aurora, IL 60542

5.98 acre outlot ready for development with I-88 exposure.

Property SizeContact for details
Lot Size5.98 Acres
Days on Market893

Property Features for Lot 1 South Towne Center Drive

General Information

Standard status Active
Lot size 5.98 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $731
Listing Agency: Brian Coleman & Associates,Inc
Listed By: Brian Coleman · License #471001117
Source: Exitrealty
Added: Mar 26, 2024 Changed: Sep 2 Last Checked: Sep 4 at 11:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian Coleman & Associates,Inc

Investment Insights

Based on property information with market context.

This 5.98-acre outlot is ready for development and offers interstate I-88 exposure. Zoned B2 PUD, it is ideal for retail, restaurant, entertainment, recreation, office, and many other uses. The property is located in the North Aurora Towne Center retail center, which is anchored by major retailers such as Target, JC Penny, and Petco, along with other national brands. Nearby are the North Aurora Auto Mall, Oberweis Headquarters, Kraft, Toyota, Nestle, and DHL. Utilities are readily available to the site, and storm water management is provided off-site. Additional parcels are available, ranging from 1.8 to 11.9 acres.

Key Highlights

  • 5.98 acre outlot ready for development
  • Interstate I‑88 exposure
  • Zoned B2 PUD for retail, restaurant, entertainment, recreation, or office

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 60542, IL

18,540
Population
7,328
Households
2.5
Avg Household Size
42
Median Age
41%
College-Educated
93%
High-School Grad
9.5 sq mi
ZIP Area
1,952
Density / Sq Mi
$112,362
Median Household Income
$59,575
Median Earnings
$1,596
Median Rent
$324,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 5.98 acre outlot ready for development with I-88 exposure.
Where is this commercial land located?
The property is located at Lot 1 South Towne Center Drive North Aurora, IL.
What is the asking price?
The asking price for this property is $1,432,688.
What are key features of this property?
This property features: 5.98 acre outlot ready for development; Interstate I‑88 exposure; Zoned B2 PUD for retail, restaurant, entertainment, recreation, or office
More about this property
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