2124 Galena BlvdAurora, IL 60506

For Lease
$18/SF/YR View listing
  • Commercial real estate
  • 13,835 SF

Property Details for 2124 Galena Blvd

Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.75 AC
Property size (Sq ft)
13,835 SF
Property type
Commercial real estate
APN
15-19-256-019
APU
1519256019

Description

This 75,000 square foot retail strip center in Aurora, Illinois, presents a prime investment opportunity. Located at 2124 W. Galena Blvd., in Kane County (zip code 60506), this multi-tenant property boasts a desirable location with ample parking. Currently, 1,200 square feet of retail space is available, perfect for a variety of businesses. The center enjoys a strong tenant mix, surrounded by established national brands including Ace Hardware, Dunkin', Little Caesars, Subway, UPS Store, and 7-Eleven, ensuring high foot traffic and visibility. This strategic positioning within a thriving commercial area offers excellent potential for growth and return on investment. The property's size and established tenant base make it an attractive option for both experienced investors and those new to the commercial real estate market. The property is classified as a retail strip center and is easily accessible, offering convenient access for customers and employees. The available space provides a blank canvas for a new business to thrive in a well-established and busy retail environment. Serious inquiries are encouraged to explore this exceptional opportunity further.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,859,333
    Hospitality
    $2,619,134
    Educational
    $2,179,089
    Medical
    $2,254,031
    Retail
    $3,389,694
2124 Galena Blvd, Aurora, Illinois
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Location Insight

City
Aurora
County
Kane
State
Illinois
Latitude
41.763
Longitude
-88.3685
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$33,195
$165,726
$209,277
$375,003
-
$497,178
$627,831
$1,125,009

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