1295 Butterfield Rd Aurora, IL 60502
- Commercial real estate
- 4.00 lot acres
Current Use by Public Records
- Baker Garage Repair Services / Repair Service
- Pipefitters Local 597 / Plumber
- Northern Illinois Benefit Fund / Labor Union
- UA / Labor Union
Property Details for 1295 Butterfield Rd
- Lot size
- 4.00 lot acres
- Property type
- Commercial real estate
- APN
- 12-35-476-005
- APU
- 1235476005
Description
This exceptional 13.5-acre commercial/retail land parcel in Aurora, Illinois, presents a unique investment opportunity. Located at the signalized intersection of Church Road and Butterfield Road, this property boasts significant visibility and accessibility. With approximately 1,400 feet of Butterfield Road frontage, it offers unparalleled signage and exposure to the high daily traffic volume of 17,500 vehicles. The site benefits from its strategic location, providing immediate access to the full Farnsworth interchange and proximity to four full I-88 interchanges, ensuring excellent connectivity and ease of access for customers and employees. The property is fully annexed and zoned ORI by the City of Aurora for commercial and retail development. All city utilities, including public sewer and water, are readily available on-site. Multiple existing curb cuts facilitate smooth traffic flow from all directions. The previous building has been demolished, leaving a clean slate for new construction. The asking price is $4,500,000, with a land value of $7.65 per square foot. This prime location and infrastructure make this an ideal site for a variety of commercial and retail ventures. Don't miss this chance to acquire a highly desirable property in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $310,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $310,000
- Mixed-Use
- $275,000
- Hospitality
- $285,000
- Educational
- $295,000
- Residential Income
- $325,000
- Energy
- $325,000
- Income-Based Land
- $295,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.2858
- Latitude
- 41.8118
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
