1801 Oak St North Aurora, IL 60542
- Land
- 65.00 lot acres
Current Use by Public Records
- Land
Property Details for 1801 Oak St
- Lot size
- 65.00 lot acres
- Property type
- Land
Description
This exceptional 65-85 acre land parcel presents a remarkable opportunity for multifamily residential development in the desirable North Aurora, Illinois market. Located at 1801 Oak St, North Aurora, IL 60542, this property boasts a strategic location with two signaled intersections, ensuring high visibility and accessibility. Significant roadway improvement plans are underway, further enhancing the site's appeal and potential for increased traffic flow. The land is priced competitively at $2 per square foot, representing a compelling value proposition for developers. The property is situated within the highly-regarded West Aurora School District, a key factor for attracting families and renters. Concept plans are available for review, providing a solid foundation for immediate project initiation. This expansive acreage offers significant potential for a substantial multifamily development, capitalizing on the strong demand for housing in this thriving community. The property's size and location make it an ideal candidate for a large-scale project, promising significant returns on investment. Kane County location provides easy access to major roadways and amenities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.3682
- Latitude
- 41.8082
