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    Property profile & analytics

    1830 Towne Centre Dr North Aurora, IL 60542

    • Commercial real estate
    For Sale
    View listing
    $2,550,000
    Value Estimation
    Last Sale
    Mar 08, 2024
    $2,400,000
    Location Intelligence
    Property ID
    US28-0025517
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Slick City Action Park - North Aurora / Amusement Park

    Property Details for 1830 Towne Centre Dr

    Property type
    Commercial real estate
    APN
    15-06-451-020
    APU
    1506451020

    Description

    This 30,000 square foot vacant retail building, situated on a 3.45-acre lot in North Aurora, Illinois (60542), presents a unique investment opportunity. Built in 2009, this former Best Buy location boasts a B-2 zoning permit and offers significant potential for repurposing. The property features 179 parking spaces and enjoys a prime location within the North Aurora Towne Center, alongside established retailers such as Target, JCPenney, Michael's, Petco, and Dollar Tree. Its high visibility from Interstate-88, with over 66,600 vehicles passing daily, provides an exceptional marketing advantage. A concept plan illustrates the feasibility of developing an indoor/outdoor recreational facility, potentially including 11 pickleball courts, a bar and dining area, and a golf simulator. The asking price is $2,550,000 ($85 per square foot). This property is for sale by owner and is ideal for a variety of uses, including entertainment, recreation, and retail ventures. The property is currently vacant, allowing for complete customization to suit the buyer's vision.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,395,000
      6.5%
      $2,245,000
      7%
      $2,220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,290,000
      Geo Method
      $2,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,535,000
      Retail
      $2,605,000
      Mixed-Use
      $2,390,000
      Hospitality
      $2,140,000
      Educational
      $2,605,000
      Residential Income
      $2,325,000
      Energy
      $2,210,000
      Income-Based Land
      $1,950,000
      Food Service
      $2,580,000

    Location Insight

    • Map
    • Local Demand
    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3649
    Latitude
    41.7959
    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
    $12,942
    $152,386
    $0.00
    $152,386
    -
    $457,158
    $0.00
    $457,158

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    North Aurora, IL 60542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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