Property profile

1650 Premium Outlet Blvd Aurora, IL 60502

OFF-MARKET
Retail properties & Spaces
3.37 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving Aurora, Illinois market. Located at 1650 Premium Outlet Blvd, this property boasts a total land area ranging from 1.35 to 3.37 acres, providing ample space for development or expansion. The site is zoned for retail use and currently features two existing suites within a four-story structure, although the total building square footage is not currently specified. The property's strategic location within Kane County, near the Chicago Premium Outlet Mall, ensures high visibility and accessibility, attracting significant foot traffic and potential clientele. This is an ideal location for businesses seeking to capitalize on the area's robust retail environment. The multiple-tenancy structure allows for flexibility in development plans, catering to a variety of business needs and sizes. With its prime location and substantial land area, this property represents a compelling investment opportunity for discerning buyers seeking a foothold in a dynamic and growing market. The property is offered for sale and presents a rare chance to acquire a significant retail asset in a highly desirable location. Further details regarding building specifications and zoning regulations are available upon request. The property's address is 1650 Premium Outlet Blvd, Aurora, IL 60502.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3.37 ac (146,797 SF)

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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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