Technical
Financial
Distress signals
Property profile

3017 Lundquist Dr Aurora, IL 60503

FOR SALE
Land
Property ID
US28-3657198
16.6 ac lot
Saved · see the list in your Dashboard
3017 Lundquist Dr, Aurora, IL 60503 For Sale
$4,181,000
3017 Lundquist Dr, Aurora, IL 60503
View Listing →

Property summary

AI-generated overview

This exceptional 16.6-acre parcel presents a remarkable development opportunity in Aurora, Illinois. Located at 3017 Lundquist Dr, 60503, this property boasts B-2 zoning, allowing for a diverse range of uses. The city is open to considering a Planned Unit Development (PUD) for projects such as assisted living facilities, sports complexes, mixed-use retail, or senior apartments. The land is conveniently situated near Naperville, Oswego, and Plainfield, offering easy access to major transportation routes. The asking price is $4,338,576, translating to a land value of $7 per square foot. Utilities are readily available, with water, gas, electric, and sewer services adjacent to the site. Furthermore, storm water management is already established off-site, simplifying the development process. This property is ideal for investors seeking a high-potential development site in a thriving area. The 5-16 acre parcel offers flexibility for various project scales. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a desirable Illinois location.

Property profile

Verified
Property type Land
Lot 16.6 ac (723,096 SF)
UPID US28-3657198

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
  • Church
  • Church

Location

3017 Lundquist Dr Aurora, IL 60503
Aurora metro
Google Maps

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message