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    Farnsworth Ave & Montgomery Rd Aurora, IL 60505

    For Sale
    Contact for pricing

    Prime Aurora land, high visibility, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial land offering encompasses two parcels totaling between 1.07 and 3.28 acres, strategically located at the northeast and northwest corners of Farnsworth Avenue and Montgomery Road in Aurora, Illinois (APN: 15-36-100-102

    Property Features for 0 Farnsworth Ave & Montgomery Rd

    General Information

    Property type
    Land
    Lot Size
    46,609 SF

    HighLights

    • Ideal location for QSR, coffee shop, restaurant, gas station, convenience store, or hotel at a busy intersection.
    • Established residential neighborhood.
    • Close proximity to a major shopping corridor.
    • Sewer and water utilities available on‑site.
    • Two‑minute drive to Rush Copley Medical Center and Copley Memorial Hospital.
    • One‑minute drive to Phillips Park Golf Course and zoo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2817756
    Latitude
    41.7791332

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    FAQs

    What type of property is this?
    Land - Prime Aurora land, high visibility, ideal for development.
    Where is this land located?
    The property is located at Farnsworth Ave & Montgomery Rd Aurora, IL.
    What are key features of this property?
    This property features: Ideal location for QSR, coffee shop, restaurant, gas station, convenience store, or hotel at a busy intersection.; Established residential neighborhood.; Close proximity to a major shopping corridor.
    Request Owner's contact information
    Farnsworth Ave & Montgomery Rd Aurora, IL 60505
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    Aurora, IL 60505
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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
    Farnsworth Ave & Montgomery Rd Aurora, IL 60505
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