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    1 Orchard Gateway Blvd North Aurora, IL 60542

    Sponsored
    For Sale
    $2,865,376

    11.96 Acres, B2 PUD Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.96-acre commercial, industrial, and residential land parcel presents a remarkable development opportunity in North Aurora, Illinois. Located at the hard corner of Orchard Gateway Blvd and Towne Center Drive within the North Aurora Towne Center, this property boasts unparalleled visibility and accessibility due to its traffic light location. Across the street from a Target store and a RAM Auto Dealership (under construction), this site benefits from its proximity to major retailers and national brands, including JC Penny and Petco, within the same shopping center. The area also features the North Aurora Auto Mall and is conveniently located near prominent businesses such as Oberweis Headquarters, Kraft, Toyota, Nestle, and DHL. Zoned B2 PUD, this site is ideal for a wide range of uses, including automotive dealerships, recreation, entertainment, retail, office spaces, business services, high-density residential projects, and religious organizations. The property offers multiple access points and readily available utilities, with off-site storm water management. The seller will consider dividing the property, with additional parcels ranging from 1.8 to 11.9 acres available. The asking price is $2,865,376, with a land value of $5.50 per square foot. This prime location and flexible zoning make this an exceptional investment opportunity. The property is situated in Kane County, Illinois, with a zip code of 60542.

    Property Features for 1 Orchard Gateway Blvd

    General Information

    Property type
    Land
    Lot Size
    520,978 SF

    HighLights

    • $2,865,376 asking price for 11.96 acres of commercially zoned land.
    • B2 PUD zoning allows for diverse development including automotive, retail, residential, and more.
    • High‑visibility corner lot at a traffic light intersection in the North Aurora Towne Center, near I‑88.
    • Excellent location near major retailers (Target, JC Penney, Petco), auto mall, and prominent businesses (Kraft, Nestle, DHL).
    • Utilities available, with off‑site storm water management; smaller parcels available (1.8‑11.9 acres).
    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
    -88.3665377
    Latitude
    41.799027

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    FAQs

    What type of property is this?
    Land - 11.96 Acres, B2 PUD Zoning, High Visibility
    Where is this land located?
    The property is located at 1 Orchard Gateway Blvd North Aurora, IL.
    What is the asking price?
    The asking price for this property is $2,865,376.
    What are key features of this property?
    This property features: $2,865,376 asking price for 11.96 acres of commercially zoned land.; B2 PUD zoning allows for diverse development including automotive, retail, residential, and more.; High-visibility corner lot at a traffic light intersection in the North Aurora Towne Center, near I-88.
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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
    1 Orchard Gateway Blvd North Aurora, IL 60542
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