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    OFF-MARKET
    Land

    1900 New York St, Aurora, IL 60505

    13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13-acre commercial land parcel presents a remarkable development opportunity in Aurora, Illinois. Located at 1900 E New York St, this fee-simple property boasts a highly desirable B-3 zoning designation, allowing for a wide range of commercial uses, including special use permits. The site's strategic location on East New York Street ensures exceptional visibility and accessibility, with an estimated 13,000 vehicles passing daily. Its proximity to Route 59 and established shopping centers guarantees high traffic volume and consumer access, making it ideal for a variety of projects, such as a distribution center, retail complex, or business park. The property's size and zoning flexibility offer developers significant potential to create a landmark commercial development within a thriving community experiencing robust residential growth. The parcel is divided into three separate lots, offering flexibility in development plans. The Kane County Assessor's Parcel Number (APN) is 1524451042. This is a unique chance to capitalize on Aurora's rich history and dynamic future, creating a significant commercial presence in a prime location. The asking price for this exceptional opportunity is $1,750,000.

    Property profile
    Verified
    Property type Land
    Lot 13 ac (566,280 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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