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    2124 Galena Blvd Aurora, IL 60506

    For Lease
    $18 SF/Yr

    High-traffic location, 1,200 SF available

    Lot size:
    75,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 75,000 square foot retail strip center in Aurora, Illinois, presents a prime investment opportunity. Located at 2124 W. Galena Blvd., in Kane County (zip code 60506), this multi-tenant property boasts a desirable location with ample parking. Currently, 1,200 square feet of retail space is available, perfect for a variety of businesses. The center enjoys a strong tenant mix, surrounded by established national brands including Ace Hardware, Dunkin', Little Caesars, Subway, UPS Store, and 7-Eleven, ensuring high foot traffic and visibility. This strategic positioning within a thriving commercial area offers excellent potential for growth and return on investment. The property's size and established tenant base make it an attractive option for both experienced investors and those new to the commercial real estate market. The property is classified as a retail strip center and is easily accessible, offering convenient access for customers and employees. The available space provides a blank canvas for a new business to thrive in a well-established and busy retail environment. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 2124 Galena Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    75,000 SF
    Total Rate
    112500

    Unit(s) available at that property

    Space
    Unit 1
    Size
    1,200 SF
    Rate per SF
    $18

    HighLights

    • 75,000 SF retail strip center in Aurora, IL (60506).
    • Ample parking available.
    • High traffic location with over 14,000 vehicles daily on W. Galena Blvd.
    • Less than 0.5 miles from Orchard Rd.
    • Part of Galena Square, a 75,000 SF shopping center with strong national tenant mix (Ace Hardware, Dunkin', Little Caesars, Subway, UPS Store, 7‑Eleven).
    • 1,200 SF of retail space currently available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A & E Vacuum Vacuum Cleaner Store Exclusive Travel Inc. Travel Agency Antojitos Don Toño Mexican Restaurant Woofbeach Bay Pet Groomer Gapinski Locksmith Care Locksmith

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3685115
    Latitude
    41.7627488

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic location, 1,200 SF available
    Where is this neighborhood center located?
    The property is located at 2124 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: 75,000 SF retail strip center in Aurora, IL (60506).; Ample parking available.; High traffic location with over 14,000 vehicles daily on W. Galena Blvd.
    Request Owner's contact information
    2124 Galena Blvd 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
    2124 Galena Blvd Aurora, IL 60506
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