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    161 Lincolnway North Aurora, IL 60542-1658
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    Property profile & analytics

    161 Lincolnway, North Aurora, IL 60542-1658

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    • Office Spaces
    • 71,148 SF
    • 2.00 lot acres
    Off-Market
    Last Sale Sep 23, 2021
    $4,200,000
    Property ID
    US28-0729278
    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.

    Value Estimations
    $4,675,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Amy Adams, APN / Physician
    • Syed Ali / Physician
    • FCB Transport Inc / Trucking Company
    • Fiona Arthurs / Marriage Or Relationship Counselor
    • Brightside Recovery of North Aurora / Medical Clinic

    Property Details for 161 Lincolnway

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.00 lot acres
    Property type
    Office Spaces
    APN
    15-04-426-011
    APU
    1504426011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 23, 2021 $4,200,000 161 Lincolnway Gccp LLC Tyler Glen LLC Warranty Deed $150k · West Suburban Bank
    Mar 23, 2018 — Tyler Glen LLC — Grant Deed · related $7M · M360 Community Dev Fund LLC
    Jan 30, 2013 — Tyler Glen LLC — Deed Of Trust · related $1M · Inland Bank & Trust
    Feb 7, 2012 — Tyler Glen LLC — Deed Of Trust · related $1.1M · Inland Bank & Trust
    Sep 30, 2008 — Tyler Glen LLC — Trustees Deed · related $1.2M · First Choice Bank
    May 10, 2007 — Tyler Glen LLC Lk Capital LLC Warranty Deed $2.3M · Private Bank & Trust Co
    May 10, 2007 $1,800,000 Lk Capital LLC River Park Atrium Center LLC Deed In Lieu Of Foreclosure · related —
    Jul 26, 2001 — River Park Atrium Center LLC — Deed Of Trust · related $3M · Bloomfield Acceptance Co

    Description

    This exceptional three-story, 51,983 square foot Class B office building, located at 161 S Lincoln Way in North Aurora, IL 60542, offers a diverse range of medical and traditional office suites available for lease. Built in 1970 and extensively renovated in 2023, the property boasts updated common areas, a new roof, modernized HVAC systems, and refreshed restroom facilities. The building is conveniently situated along Route 31 (Lincolnway), providing excellent access to I-88, ensuring convenient commutes for tenants and clients. Suites are available in various sizes, starting at 796 square feet, making it suitable for businesses of all sizes. The property features multiple tenancies, offering flexibility and a vibrant professional environment. Recent renovations provide a "plug and play" experience, minimizing tenant improvement costs and allowing for immediate occupancy. The attractive rental rates represent significant value for the area, making this a compelling opportunity for businesses seeking high-quality office space in a prime North Aurora location. The building's modern amenities and convenient location combine to create an ideal workspace.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,810,000
      ML approach
      $4,815,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,344,000
      Market price range: $5.34M - $18.5M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3243
    Latitude
    41.7999
    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
    $81,988
    $159,981
    $818,547
    $978,528
    -
    $479,943
    $2,455,641
    $2,935,584
    More about this property
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