1125 New York St Aurora, IL 60505
This exceptional mixed-use property in Aurora, Illinois, presents a unique redevelopment opportunity. Located at 1125 E New York St, this vacant, 3,624 square foot building sits on a large, L-shaped lot bordering 1131 E. New York St's parking area. The property, built in 1900 and featuring two stories, is zoned B2, allowing for a diverse range of commercial ventures. Potential uses include retail, restaurants, offices, and more, as detailed in the permitted zoning. The asking price is $349,999, translating to $96.58 per square foot. This is a single-unit building currently vacant, offering a blank canvas for your vision. The property's long-term rental history indicates strong potential for future income generation. The City of Aurora is actively seeking to see a business established at this location. Note that this listing represents one of two adjacent parcels (APN 1523455019; the other is MLS #12108357), and the seller prefers to sell both together. Detailed photos of the parcel are available. This is an ideal investment for entrepreneurs seeking a high-visibility location in a thriving community. Seize this chance to bring your business plan to fruition in a prime Aurora location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.