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Property profile

740 Illinois Rte Aurora, IL 60504

OFF-MARKET
Neighborhood centers
10,875 SF 1.19 ac lot Built 2001
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Property summary

AI-generated overview

This prominent Route 59 endcap offers 4,484 square feet of vacant space in a Class A, single-story building (10,875 total square feet) built in 2001. Located in DuPage County, Illinois, on a 1.19-acre lot, this property boasts exceptional frontage and visibility with ample signage opportunities. The space is divisible to a minimum of 2,000 square feet and can accommodate up to 2,550 square feet with turnkey buildouts available for qualified tenants. The existing space features storefront glass on three sides, multi-stall restrooms, and 600 amp electrical service, making it ideal for restaurant and retail uses. Benefiting from its location in a high-traffic retail corridor, this property is anchored by a Zen Leaf Cannabis Dispensary, attracting an affluent customer base. Its proximity to Block 59, a vibrant dining and entertainment destination, and the Fox Valley Mall (a 1.5 million square foot regional mall) further enhances its appeal. The area also includes 1,000 new residential units currently under construction, promising increased foot traffic and consumer base. The property is conveniently situated across Route 59 from Block 59, and just north of the Fox Valley Mall, anchored by Macy's and JCPenney. Abundant parking is available adjacent to the building. The property's address is 740 IL Route 59, with a cross street of Drexel Ave, and APN C.

Property profile

Verified
Property type Neighborhood centers
Year built 2001
Total area 10,875 SF
Lot 1.19 ac (51,836 SF)

Cap rate & NOI

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

Location

740 Illinois Rte Aurora, IL 60504
Aurora metro
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Value estimations

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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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