Aurora Restaurant Building For
930 W Illinois Avenue, Aurora, IL 60506
For Sale
$580,000
Pending
Freestanding restaurant on 0.36 acres with indoor and outdoor seating.
Property Size1,500 SF
Lot Size0.36 Acres
Days on Market359
Property Features for 930 W Illinois Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Central Air Cooling
Building Details
Year Built
Listing Agency:
JOHN GREENE COMMERCIAL
(630) 229-2290
Listed By:
SHAWN LABRASSEUR
(630) 797-6496
Source:
Corcoran
Added: Nov 18, 2025
Changed: Aug 8
Last Checked: Aug 16 at 4:14AM
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 JOHN GREENE COMMERCIAL
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding 1,500 square foot restaurant building is located on West Illinois Avenue in Aurora. Constructed in 1963, the property occupies a 0.36 acre lot. Currently operating as a taqueria, the restaurant features indoor dining, outdoor seating, and on-site parking. The sale includes the real estate, existing furniture, fixtures, and equipment. The operating business may also be included.
Key Highlights
- Freestanding 1,500 SF restaurant building on 0.36 acre lot.
- Includes real estate, furniture, fixtures, and equipment.
- Currently operating as an authentic taqueria.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,035
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,700
$380.7K
Cap Rate 7%
$271,929
$271.9K
Cap Rate 9%
$211,500
$211.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.6K −$1.08/SF
EGI
$25.4K $16.92/SF
− OpEx
−$6.3K −$4.23/SF
NOI
$19.0K $12.69/SF
Area
Aurora, IL
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,700
Cap Rate 7%
$271,929
Cap Rate 9%
$211,500
Alternative Uses
Best Use
Specialty Retail
$271.9K
$237.9K – $317.3K
NOI $19,035 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$429.4K
$375.8K – $501.0K
NOI $30,060 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Shell
Shops & Services
5,835 visits/mo
0.1 miles
BP
Shops & Services
3,963 visits/mo
0.0 miles
Dairy Queen
Dining
3,057 visits/mo
0.0 miles
Mobil
Shops & Services
933 visits/mo
0.1 miles
Demographics for 60506, IL
52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Kane County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant on 0.36 acres with indoor and outdoor seating.
Where is this conventional restaurant located?
The property is located at 930 W Illinois Avenue Aurora, IL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Freestanding 1,500 SF restaurant building on 0.36 acre lot.; Includes real estate, furniture, fixtures, and equipment.; Currently operating as an authentic taqueria.
