2555 New York St Aurora, IL 60502
- Commercial real estate
- 5.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2555 New York St
- Lot size
- 5.34 lot acres
- Property type
- Commercial real estate
- APN
- 07-19-401-003, 07-19-401-006, 07-19-401-009, 07-19-401-010, 07-19-401-011, 07-19-401-022
Description
This exceptional 5.34-acre property in Aurora, Illinois, presents a unique redevelopment opportunity. Comprised of six contiguous parcels (APN: 07-19-401-003, 07-19-401-006, 07-19-401-009, 07-19-401-010, 07-19-401-011, 07-19-401-022), this land is ideally suited for the construction of townhomes or multifamily dwellings. Located at 2555 E New York St, Aurora, IL 60502 (DuPage County), the site offers significant potential for a high-density residential project. The property previously housed three single-family homes, which have since been demolished, providing a clean slate for development. Seller financing or a flexible lot release schedule may be available, making this an attractive proposition for developers. Furthermore, neighboring property owners have expressed interest in selling their land, presenting the possibility of expanding the development footprint significantly. This presents a rare chance to acquire a substantial land parcel in a desirable location with considerable upside potential. The asking price for this exceptional opportunity is $1,650,000.
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
- DuPage
- State
- Illinois
- Longitude
- -88.2529819
- Latitude
- 41.7586271
