1900 New York St, Aurora, IL 60505
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.