Property profile

1830 Towne Ctr Dr North Aurora, IL 60542

OFF-MARKET
Commercial real estate
Property ID
US28-0025517
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 15-06-451-020
UPID US28-0025517

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tour Operator Campground & RV Park

Location

1830 Towne Ctr Dr North Aurora, IL 60542-6503
North Aurora metro Census 853001 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.40M

Owner & transaction history

since 2024
Last sale
$2.4M
2 recorded transactions
2024
$2.4M
2023
$1.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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