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Property profile & analytics
OFF-MARKET
Commercial real estate

8 Galena Blvd Aurora, IL 60506

16,392 SF
Property ID
US28-2368180
Property summary
AI-generated overview

This exceptional retail property, totaling 16,392 square feet, presents a unique investment opportunity in the vibrant heart of downtown Aurora, Illinois. Located at 8 E Galena Blvd, 60506, this multi-tenant building offers spaces ranging from 1,300 to 5,582 contiguous square feet, with all 16,392 square feet currently vacant. The property benefits from a high-traffic location directly across from the renowned Paramount Theatre, the nation's top subscription-based theatre, drawing over 400,000 attendees annually, many of whom dine in the surrounding area. This prime location offers unparalleled visibility and access to a large, diverse customer base. The property's proximity to other key attractions further enhances its appeal, including the North Island Center with its theatre and banquet facilities, City Hall, Waubonsee Community College, River Street Plaza, Hollywood Casino, and the Aurora Public Library. A thriving local retail and restaurant scene complements the property, with nearby establishments such as Bally Doyle Irish Pub, Endiro Coffee, and Craft Urban. The nearby River Edge Park, an 8,500-seat concert venue with a river walk, bike path, and pier, adds to the area's vibrant atmosphere and draws significant foot traffic, especially during festivals like the annual Christkindl market. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing downtown area.

Property profile
Verified
Property type Commercial real estate
Total area 16,392 SF
UPID US28-2368180
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
  • WBK Engineering, LLC Environmental Consultant Civil Engineer
  • Copley Theatre Theater & Performing Art Venue
  • Farmers Insurance - Kristin Olesen Insurance Agency
  • American Purchasing Society Association / Organization
  • Family Service Department Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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