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    644 Park Ave Aurora, IL 60506

    Sponsored
    For Sale
    $1,899,000

    1,500 SF Warehouse, Truck Parking Approved

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,500 square foot Class C industrial distribution center, located at 644 W Park Ave in Aurora, Illinois (60506), presents a unique investment opportunity. Built in 1985 and extensively renovated in 2020, the property boasts a 10.8' ceiling height and features a 1,500 square foot shop with a 10x10' clearance garage door, perfect for various operational needs. The asking price is $1,899,000, translating to $1,266 per square foot. Situated on a 1.63-acre lot (APN: 15-21-128-004

    Property Features for 644 Park Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    1,500 SF
    Class
    C
    Lot Size
    71,003 SF

    Building Details

    Year Built/Renovated
    1985/2020

    HighLights

    • Ample truck parking permitted by the City of Aurora.
    • Outdoor storage area available.
    • Secure, enclosed yard.
    • Fully fenced lot.
    • Paved and gravel parking areas.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3318005
    Latitude
    41.7649936

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    FAQs

    What type of property is this?
    Distribution property - 1,500 SF Warehouse, Truck Parking Approved
    Where is this distribution property located?
    The property is located at 644 Park Ave Aurora, IL.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: Ample truck parking permitted by the City of Aurora.; Outdoor storage area available.; Secure, enclosed yard.
    Request Owner's contact information
    644 Park Ave Aurora, IL 60506
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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
    644 Park Ave Aurora, IL 60506
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