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407 Galena Blvd Aurora, IL 60506-3946

Commercial real estate Google Maps
3,600 SF 0.15 ac lot Built 1924
Entity Owned ~ Est. High Equity
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US28-0435432

Property summary

AI-generated overview

This exceptional executive office building in Aurora, Illinois, presents a unique investment opportunity. Located at 407 W. Galena Blvd, this 5,400 square foot property offers multiple tenancy options, with 4,608 square feet currently vacant. Ideal for a variety of professional uses, the building is ready for immediate occupancy. Individual suites range from a minimum of 911 square feet to a maximum contiguous space of 4,608 square feet, providing flexibility for businesses of all sizes. The property sits on a 0.15-acre lot in Kane County, offering convenient access to local amenities and transportation. The building's design promotes a comfortable and productive work environment, making it an attractive option for businesses seeking a turnkey solution. This is a rare opportunity to acquire a well-maintained office building in a desirable location. The property's size and layout offer significant potential for growth and profitability. Its strategic location in Aurora, Illinois, provides easy access to major transportation routes and a thriving business community. The vacant space is immediately available, allowing for quick occupancy and a rapid return on investment. Contact us today to learn more about this exceptional opportunity. Zip code: 60506.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1924
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,600 SF
Lot 0.15 ac (6,750 SF)
APN 15-21-281-016
UPID US28-0435432

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
  • Medical Billing Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2026
$420,000
2012
$110,000
1969
Price N/A
1969
Price N/A

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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