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    13 Towne Centre Dr North Aurora, IL 60542

    Sponsored
    For Sale
    $385,506

    Prime 1.77-acre development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.77-acre commercial outlot, located at Lot 13 Towne Center Drive in North Aurora, Illinois (zip code 60542), presents a remarkable development opportunity. Boasting unparalleled visibility from Interstate 88 and convenient access via the Orchard Road exit, this B2 PUD zoned property is ideally suited for a diverse range of uses, including retail, restaurant, entertainment, recreation, or office space. Situated within the thriving North Aurora Towne Center, this location benefits from the established presence of major retailers such as Target, JCPenney, and Petco, ensuring high traffic and strong consumer demographics. The property's strategic placement near the North Aurora Auto Mall, Oberweis Headquarters, and numerous corporate giants including Kraft, Toyota, Nestle, and DHL, further enhances its appeal. Utilities are readily available, and off-site storm water management is in place, simplifying the development process. This is one of five available parcels ranging from 1.77 to 11.9 acres, offering flexibility for various project scales. The asking price is $385,506, with a land value of $5 per square foot. This is a rare chance to acquire a highly visible and strategically located property in a rapidly growing area.

    Property Features for 13 Towne Centre Dr

    General Information

    Property type
    Land
    Lot Size
    77,101 SF

    HighLights

    • 1.77‑acre commercial outlot in North Aurora, IL (60542), Lot 13 Towne Center Drive.
    • B2 PUD zoning allows for retail, restaurant, entertainment, recreation, or office uses.
    • High visibility from I‑88 with easy Orchard Road access.
    • Located in North Aurora Towne Center, near Target, JCPenney, and Petco.
    • Proximity to North Aurora Auto Mall, Oberweis, Kraft, Toyota, Nestle, and DHL.
    • Utilities available, off‑site storm water management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.366411
    Latitude
    41.7974837

    Nearby Comparable

    • $1,432,688
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      I-88 Development Outlot

      5.98 Acres, North Aurora, IL
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    • $2,865,376
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      16W - Orch Gtwy Blvd

      Land • 5.89 Acres
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      Prime 2.13-Acre Development Site
      5 Towne Centre Dr, North Aurora, IL 60542
      View Details
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      Prime North Aurora Commercial Land

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      View Details
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    • $2,585,000
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      North Aurora Commercial Land

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      View Details

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    FAQs

    What type of property is this?
    Land - Prime 1.77-acre development land.
    Where is this land located?
    The property is located at 13 Towne Centre Dr North Aurora, IL.
    What is the asking price?
    The asking price for this property is $385,506.
    What are key features of this property?
    This property features: 1.77-acre commercial outlot in North Aurora, IL (60542), Lot 13 Towne Center Drive.; B2 PUD zoning allows for retail, restaurant, entertainment, recreation, or office uses.; High visibility from I-88 with easy Orchard Road access.
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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
    13 Towne Centre Dr North Aurora, IL 60542
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