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550 Galena Blvd Aurora, IL 60506

OFF-MARKET Mixed-use properties Google Maps
3,019 SF Built 1900
Trust Owned
Estimated value
No estimation on file for this property yet.
Property ID US28-5378367

Property summary

AI-generated overview

This exceptional mixed-use property in Aurora, Illinois, presents a unique investment opportunity. The 3,019 square foot building, available for the first time in 25 years, sits on a 14,256 square foot lot (72 x 198 feet) and offers a blend of commercial and residential space. The first floor encompasses 1,538 square feet of commercial space, featuring a reception area, three private offices, a large hall, two storage areas, a restroom, and a kitchenette. Modern finishes include vinyl plank flooring, dropped ceilings, and fluorescent lighting. A 1,509 square foot basement provides ample storage or potential for expansion. Conveniently located off Galena Road, the property boasts a recently repaved and striped parking lot with 15 spaces, including one handicap-accessible spot. Upstairs, a nearly 1,500 square foot, two-bedroom apartment with a spacious living room, kitchen with dinette and large pantry, and a full bath offers significant rental income potential following rehabilitation. The building features maintenance-free aluminum siding and includes an illuminated business sign. Its prime location, two miles west of downtown Aurora, offers proximity to new restaurants, stores, Aurora University, Orchard Road shopping, and easy access to I-88. The property is being sold "as is," presenting a fantastic opportunity for investors or business owners seeking to capitalize on a desirable location and create substantial value.

Property profile

Verified
Property type Mixed-use properties
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

Current use

Occupant on record · Public records
  • Tax Preparation

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
1 recorded transaction
2025
$175,000

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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