0 Constitution Dr, Aurora, IL 60506
This exceptional 0.89-acre commercial land parcel in Aurora, Illinois, presents a unique investment opportunity. Located on N Constitution Dr, this fully improved lot boasts existing parking and is zoned for office use. The City of Aurora planning department estimates a 7,800 square foot office building could be constructed on this site. The property enjoys a high-traffic location, less than half a mile from Orchard Road, a heavily traveled thoroughfare with approximately 37,300 vehicles per day. West Galena Boulevard, with approximately 14,600 vehicles per day, provides additional accessibility. The site is conveniently situated approximately 2.5 miles from the I-88 and Orchard Road interchange, ensuring excellent connectivity. This densely populated area offers a strong market, with over 60,000 residents within a 3-mile radius. The property benefits from a thriving commercial environment, surrounded by established businesses including McDonald's, Burger King, Ace Hardware, Mothers Restaurant, Jewel Foods, Taco Bell, KFC, and Dunkin Donuts. The asking price for this prime commercial land is $295,000. This is a rare opportunity to acquire a ready-to-develop site in a high-demand area with excellent visibility and access. The 60506 zip code ensures a desirable address for any new office development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.