2418 Indian Trail Rd Aurora, IL 60506
- Commercial real estate
- 1,228 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2418 Indian Trail Rd
- Year built
- 2003
- Property size
- 1,228 SF
- Property type
- Commercial real estate
- APN
- 14-13-226-026
- APU
- 1413226026
Description
This exceptional 20,000 square foot condo unit, located at 2418 W Indian Trail Road Unit G in Aurora, IL, presents a remarkable investment opportunity. The property boasts a prime location, offering easy access to major highways and is situated near Orchard Road, approximately half a mile south of I-88. The 1,700 square foot interior is fully improved and features a thoughtfully designed layout. The space includes a welcoming waiting room, an open-concept workspace bathed in natural light from numerous windows, and two private rooms—previously utilized as part of a physical therapy practice. Additional amenities include an open kitchenette and two ADA-compliant bathrooms, ensuring accessibility and convenience. Ample parking is available on-site, complemented by professional landscaping and signage. The property's versatility makes it suitable for a wide range of businesses, including medical practices, legal offices, insurance agencies, accounting firms, or training facilities. The 2024 quarterly association dues are $1070. This turnkey space is ready for immediate occupancy, offering a compelling combination of location, features, and price. The asking price is $265,000. This is an excellent opportunity for discerning investors and business owners seeking a well-appointed and strategically located commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $315,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $310,000
- Mixed-Use
- $270,000
- Hospitality
- $230,000
- Educational
- $310,000
- Residential Income
- $260,000
- Energy
- $245,000
- Income-Based Land
- $310,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.3769
- Latitude
- 41.7808
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA