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Property profile & analytics
OFF-MARKET Estimated value $3,355,000
Commercial real estate

1971 Galena Blvd Aurora, IL 60506-4305

90,157 SF 2.08 ac lot Built 1995
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-0791395
Property summary
AI-generated overview

This exceptional 88,000 square foot retail property, located at 1971 W. Galena in Kane County's Chicago - Far West submarket, presents a unique investment opportunity. Situated near the intersection of Galena and Edgelawn (east of Orchard Road), this Class B building boasts a prime location with high visibility and excellent access. Built in 1984 and extensively renovated in 2019, the property offers multiple tenancy options with a minimum divisible space of 17,750 square feet and a maximum contiguous space of 27,750 square feet. The property features high ceilings and abundant natural light, creating a welcoming and spacious environment for tenants. With 300 parking spaces available, ample parking is guaranteed for customers and employees. The zoning is designated as Retail, making it ideal for a variety of uses. Property taxes are a competitive $1 per square foot. The building is a single-story structure and does not include elevators. Its strategic location places it directly across from a Jewel grocery store and surrounded by a vibrant mix of restaurants, shopping centers, offices, and residential areas, ensuring high foot traffic and strong consumer base. This property is an excellent choice for businesses seeking a well-maintained, conveniently located retail space in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 90,157 SF
Lot 2.08 ac (90,604 SF)
APN 15-18-478-021
UPID US28-0791395
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mega Fun Park LLC Arcade & Gaming Center Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.96M
Blend (final) Blend
$3.36M
Owner & transaction history
Autozone Parts INC · 1 yrs held
Autozone Parts INC
since 2024
7 recorded transactions
2024
Price N/A
2019
Price N/A
2019
Price N/A
2019
$2.5M
2008
$9.1M
2006
$3.0M
2006
$3.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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