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Property profile & analytics
OFF-MARKET
Commercial land
2260 New York St, Aurora, IL 60502-9435
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-3470336
Property summary
AI-generated overview
This exceptional 1.9-acre commercial land parcel presents a unique development opportunity in Aurora, Illinois. Located at the high-traffic intersection of East New York Street and County Line/Kautz Road, this property boasts an ideal location within a densely populated area. The parcel is zoned R-4 Single Family, offering a range of potential uses for developers. Its prime corner location ensures excellent visibility and accessibility. The property's size and zoning make it suitable for a variety of projects. The site is immediately available, allowing for a swift start to any development plans. Surrounding residential areas and a nearby pond contribute to the desirability of this location. The property's address is 2260 E New York St, Aurora, IL 60502, with APN numbers 07-19-300-024 and 07-19-300-025. This is a rare opportunity to acquire a substantial piece of land in a thriving area, poised for significant growth. The asking price for this exceptional property is $999,000.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.5 ac (65,340 SF)
Zoning code
R
APN
07-19-300-024
UPID
US28-3470336
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
-
Absoleone Group, LLC Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Aurora · 13 yrs held
City Of Aurora
since 2013
3 recorded transactions
Zoning & alternative use
R · Aurora, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,103
Tax year 2023
Assessed value
$88,850
Assessed 2023
Previous assessed
$14,670
+505.7% YoY
Effective rate
5.74%
On assessed value
Assessed land
$88,850
Land market value
$266,550
Total market value
$266,550
Applied tax rate
7,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.5 ac (65,340 SF)
Zoning code
R
APN
07-19-300-024
UPID
US28-3470336
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
R · Aurora, IL
Zoning R · permitted uses
R · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.5 ac
Current owner
From public records · entity-resolved
City Of Aurora
Entity
Free & Clear · 13 yrs held
Mailing address
37TH CIGRAND CT, BATAVIA, IL 60510-5114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2013
$111,000
City Of Aurora
Theobald,kimberly
Warranty Deed
—
Oct 29, 2012
—
National Bk
Sheriff Of Dupage County
Trustees Deed
related
—
Mar 12, 2008
$349,500
Rr Kramer Commercial LLC
Theobald,kimberly
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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