Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $3,250,000
    Auto shops

    3050 New York St, Aurora, IL 60502-9204

    5,940 SF 1.73 ac lot Built 2021
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2403105
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 5,810 square foot, single-tenant retail property occupied by a Christian Brothers Automotive franchise. Located at 3050 E New York St in Aurora, Illinois (DuPage County, zip code 60502), this property boasts a 15-year absolute NNN lease with annual rent escalations starting in year six (1.5%). The lease offers significant long-term stability, with options extending the term up to 65 years. Built in 2021, the property sits on a 1.73-acre lot and enjoys a prime location on E New York St, a high-traffic thoroughfare with over 40,000 vehicles daily. The strong corporate guarantee from Christian Brothers Automotive, a rapidly expanding national brand with over 250 locations, minimizes risk. The property's Net Operating Income (NOI) is $238,728, resulting in a 6.25% cap rate. The asking price is $3,820,000 ($657.49/sq ft). The surrounding area features a dense population (over 245,000 within a 5-mile radius) with high average household incomes exceeding $130,000. Nearby retailers include The Fox Valley Mall, Mariano's, Starbucks, and numerous national chains, ensuring high visibility and strong consumer traffic. This is a rare opportunity to acquire a stable, high-performing investment property with significant long-term growth potential.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 2021
    Total area 5,940 SF
    Lot 1.73 ac (75,359 SF)
    Zoning code C
    APN 07-20-315-003
    UPID US28-2403105
    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
    • Christian Brothers Automotive Aurora Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.25M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.74M
    Blend (final) Blend
    $3.25M
    Owner & transaction history
    Mian Real Estate Holdings LLC · 1 yrs held
    Mian Real Estate Holdings LLC
    since 2024
    Last sale
    $3.3M
    5 recorded transactions
    2024
    $3.3M
    2021
    2020
    $800,000
    2016
    1969
    Zoning & alternative use
    C · Aurora, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    You own 3050 New York St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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