Property profile

1650 Premium Outlet Blvd Aurora, IL 60502

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land parcel presents a unique investment opportunity within the thriving Chicago Premium Outlet Mall development in Aurora, Illinois (zip code 60502). Located at 1650 Premium Outlet Boulevard, this property offers flexible outlot sizes and configurations, allowing for customized development to suit a variety of commercial uses. The site boasts excellent co-tenancy with the established 170-store Chicago Premium Outlet Mall, attracting over 6,000,000 annual visitors. This high-traffic location ensures significant visibility and accessibility for any business. Utilities are conveniently located at the property line, and detention is handled off-site, simplifying the development process. The strategic proximity to the future Hollywood Casino further enhances the property's appeal and potential for increased foot traffic and revenue. This location is ideal for a hotel, full-service restaurant, or entertainment venue, capitalizing on the substantial existing customer base and the anticipated influx of visitors to the casino. The property's size and configuration can be tailored to meet specific development needs, making it an attractive option for investors seeking a prime location in a rapidly growing area of Kane County, Illinois.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Clothing & Fashion Store
  • Clothing & Fashion Store
  • Clothing & Fashion Store
  • Clothing Store

Location

1650 Premium Outlet Blvd Aurora, IL 60502
Aurora metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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