Downtown Aurora Mixed Use Investment

Retail-Commercial for Sale
Catylist Listing ID: 30563262
Property Subtypes: Mixed Use
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.06 Acres
Sale Price: $349,000
Unit Price: $72.71 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2020

Overview / Comments

• 94% Occupied building available at a 9.4% CAP
• First floor retail space fully occupied
• Second floor fully renovated with 4 office suites and 2 ADA bathrooms,
crown molding and high-end finishes throughout
• Full roof replacement in 2017 with 2 layers of insulation
• Upgraded lighting to all LED

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Kane
Tax ID/APN: 15-22-380-006
Area Description: High visibility location on the corner of Broadway and Downers Place two blocks from the renowned Paramount Theatre and Amy Morton's Stolp Island Social. Conveniently located a few blocks from the Metra Train Station and surrounded by street parking, surfcae parking lot and city parking garage.
Tenancy: Multiple Tenants
Number of Stories: 2
Year Built: 1900

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 37,097 150,468 265,590
Median Age: 27.75 30.72 32.22
Households: 9,909 45,946 85,632

Contact

Photograph of Listing Agent

Christina Caton Kitchel

Caton Commercial ICEx Member
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