Sec Of Ogden Ave. And Rdg Ave Aurora, IL 60504
- Land
- 3.47 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sec Of Ogden Ave. And Rdg Ave
- Lot size
- 3.47 lot acres
- Property type
- Land
Description
This exceptional 3.47-acre commercial land parcel presents a unique investment opportunity in Aurora, Illinois. Strategically located at the southeast corner of Ogden Avenue and Ridge Avenue, the property boasts approximately 600 feet of frontage along the heavily trafficked Ogden Avenue, resulting in an estimated 32,100 vehicles per day (VPD) exposure. The site is designated as a Planned Development District by the City of Aurora, offering flexibility for a variety of commercial development projects. Its location within the Oswego Community Unit School District 308 adds to its appeal. Further enhancing its investment potential, this property is situated within a designated Opportunity Zone, providing significant tax advantages for qualified investors. The property's APN is 15-36-400-019 and is located in Kane County, Illinois, with a zip code of 60504. This high-visibility location, combined with its zoning and Opportunity Zone status, makes this a compelling opportunity for developers seeking a prime location for commercial development in a thriving area. The substantial lot size allows for significant development potential, catering to a wide range of commercial uses. This is a rare chance to acquire a highly desirable commercial property in a rapidly growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.2626
- Latitude
- 41.731