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1118 Prairie Street, Aurora, IL

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1118 Prairie Street

Aurora, IL 60506-5476 - Western East/West Corr Submarket

(2.2 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2001
Building Size:5,400 SF Land Area:.35 AC (15,246 SF)
For Sale Price:$269,000 Price/SF:$49.81
Cap Rate:-
4,150 SF is available to occupy upon purchase.

Terrific newer (2001) 3 unit Strip Center in Established Prairie St. Business District. Business neighbors include Colonial Drug, Prisco's Market, Prairie Cleaners, RE/MAX, Marathon Gas, Aurora University and More! 4500 vehicles daily. 2-1100 SF spaces plus a 3200 SF Restaurant Space.

Sale Notes:
Property Overview

Bank owned, multi-tenant neighborhood center available for sale on Prairie Street in Aurora. The center sits on 0.35 acres and contains 5,452 square feet among three units. One unit is currently leased to a successful sewing business. The two vacant units include a former computer retailer and a fully equipped restaurant.
The property is adjacent to commercial users in both directions and located in a majority residential area. Strong population base in the immediate vicinity provides great clientele potential for future businesses. Excellent value-add opportunity in leasing up the vacant units and decreasing property taxes through appeals.

Property Highlights

• Multi-tenant neighborhood center consisting of 5,452 square feet
• The vacant units are in great condition, one of which is a fully equipped restaurant
• Located adjacent to successful retailers with a strong residential population in the
immediate proximity

Frontline Real Estate Partners
Joshua E Joseph
(847) 770-6262

Andrew Rubin
(224) 628-4005

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