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    Genesis Way North Aurora, IL 60542

    Sponsored
    For Sale
    $920,000

    1.91-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.91-acre commercial lot, identified as Lot 16 at The Orchard Commerce Center in North Aurora, Illinois (APN: 15-06-302-010), presents a remarkable development opportunity. Situated on Genesis Way, this B-2 zoned property boasts a highly desirable location within a thriving commercial hub. The area is characterized by significant traffic volume and strong visibility, thanks to its proximity to I-88, the North Aurora Auto Mall, and established businesses such as Woodman's, McDonald's, Giordano's, and Dunkin' Donuts. This strategic placement ensures high exposure and accessibility for any commercial venture. The Village of North Aurora is known for its pro-development stance, making this a particularly attractive investment. The asking price for this exceptional property is $920,000. This presents a unique chance to establish a presence in a rapidly growing area with a supportive local government. Don't miss this chance to capitalize on the potential of this prime commercial land. The property's address is Genesis Way, Lot 16, North Aurora, IL 60542.

    Property Features for 0 Genesis Way

    General Information

    Property type
    Land
    Lot Size
    83,200 SF

    HighLights

    • $920,000 asking price for 1.91 acres of commercial land.
    • Located in North Aurora, IL, APN 15‑06‑302‑010, zoned B‑2.
    • Situated in The Orchard Commerce Center, near I‑88 and major retailers.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.376536667223
    Latitude
    41.799808046345

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    FAQs

    What type of property is this?
    Land - 1.91-acre lot, prime commercial location.
    Where is this land located?
    The property is located at Genesis Way North Aurora, IL.
    What is the asking price?
    The asking price for this property is $920,000.
    What are key features of this property?
    This property features: $920,000 asking price for 1.91 acres of commercial land.; Located in North Aurora, IL, APN 15-06-302-010, zoned B-2.; Situated in The Orchard Commerce Center, near I-88 and major retailers.
    (630) 313-4257
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    Genesis Way North Aurora, IL 60542
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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
    Genesis Way North Aurora, IL 60542
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