3050 New York St Aurora, IL 60502-9204
Property profile & analytics
3050 New York St Aurora, IL 60502-9204
- Auto shops
- 5,940 SF
- 1.73 lot acres
Property ID
US28-2403105
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Christian Brothers Automotive Aurora / Auto Repair Shop
Property Details for 3050 New York St
- Year built
- 2021
- Lot size
- 1.73 lot acres
- Property size
- 5,940 SF
- Zone code
- C
- Property type
- Auto shops
- APN
- 07-20-315-003
- APU
- 720315003
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,250,000
- ML approach
- $3,250,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,744,000
Market price range: $1.02M - $3.12M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,100,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2403
- Latitude
- 41.7602
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,465
$204,960
$219,120
$424,080
-
$614,880
$657,360
$1,272,240
