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    OFF-MARKET
    Land

    1 Orchard Gateway Blvd, North Aurora, IL 60542

    11.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11.96-acre commercial, industrial, and residential land parcel presents a remarkable development opportunity in North Aurora, Illinois. Located at the hard corner of Orchard Gateway Blvd and Towne Center Drive within the North Aurora Towne Center, this property boasts unparalleled visibility and accessibility due to its traffic light location. Across the street from a Target store and a RAM Auto Dealership (under construction), this site benefits from its proximity to major retailers and national brands, including JC Penny and Petco, within the same shopping center. The area also features the North Aurora Auto Mall and is conveniently located near prominent businesses such as Oberweis Headquarters, Kraft, Toyota, Nestle, and DHL. Zoned B2 PUD, this site is ideal for a wide range of uses, including automotive dealerships, recreation, entertainment, retail, office spaces, business services, high-density residential projects, and religious organizations. The property offers multiple access points and readily available utilities, with off-site storm water management. The seller will consider dividing the property, with additional parcels ranging from 1.8 to 11.9 acres available. The asking price is $2,865,376, with a land value of $5.50 per square foot. This prime location and flexible zoning make this an exceptional investment opportunity. The property is situated in Kane County, Illinois, with a zip code of 60542.

    Property profile
    Verified
    Property type Land
    Lot 11.96 ac (520,978 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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