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Property profile & analytics
OFF-MARKET
Office Units

550 W Galena Blvd Aurora, IL 60506

3,019 SF Built 1900
Trust Owned
Property ID
US28-5378367
Property summary
AI-generated overview

New to the Market: Prime Mixed-Use Property in Aurora! Available for the first time in 25 years, this versatile 3,019 sq. ft. building offers an exceptional opportunity for both commercial and residential use. Located on a generous 72 x 198 ft. lot (14,256 sq. ft.), the property includes ample park ... ing with a recently repaved and striped lot featuring 15 parking spaces and 1 designated handicap spot, all with convenient direct access from Galena Rd. Commercial Space (1st Floor) The first-floor commercial area spans 1,538 sq. ft. and includes: Reception area, 3 private offices, A large hall perfect for gatherings, meetings, or workspace, 2 storage areas located at the rear, Restroom and kitchenette. Modern finishes, including vinyl plank flooring, dropped ceilings, and fluorescent lighting. Additionally, a 1,509 sq. ft. basement is accessible from the rear of the building, offering abundant storage or potential additional workspace Residential Income Opportunity (2nd Floor) The upper-level apartment is accessed via the front entrance and features: 2 bedrooms, a spacious living room, Kitchen with dinette and large pantry, Full bath Spanning just under 1,500 sq. ft., this unit offers excellent rental income potential after a rehab. Additional Features, Maintenance-free aluminum siding, Illuminated business sign included. Prime location: 2 miles west of Downtown Aurora, near new restaurants, stores, Aurora University, Orchard Road shopping, and with easy access to I-88. This property is being sold "as-is" a fantastic opportunity for investors or business owners to create value in a desirable location. Don't miss this rare chance to own a property with both commercial and residential potential!

Property profile
Verified
Property type Office Units
Year built 1900
Total area 3,019 SF
UPID US28-5378367
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
  • Thomas E Smith CPA Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Trust No 9002349834
Trust No 9002349834
since 2025
1 recorded transaction
2025
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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