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1261 N Lake Street - Lake Plaza, Aurora, IL

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1261 N Lake Street - Lake Plaza

NEC of Lake Road and Indian Trail
Aurora, IL 60506-2489 - Western East/West Corr Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:1998
Building Size:21,000 SF Land Area:1.89 AC (82,328 SF)
For Sale Price:$5,510,000 Price/SF:$262.38
Cap Rate:7.60 %
Parking:108 Surface spaces are available; Ratio of 3.49/1,000 SF
Features:Restaurant, Signage, Signalized Intersection

:: Available Spaces: ±1,200 SF to ±2,400 SF
:: Strip Center: ±21,000 SF
:: Excellent visibility on Lake St
:: Multiple points of ingress/egress
:: Parking: ±108 spaces
:: Zoning: B3
:: High population density

Sale Notes:
Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale a 30,913 square foot multi-tenant retail building located at 1261 North Lake Street in Aurora, IL. The center is anchored by Dollar General and O’Reilly Auto Parts and features of a strong mix of national and local tenants. The subject property is located near Presence Mercy Medical Center, and is neighboring Walgreens, Cermak Fresh Market, Ross Dress for Less, Advance Auto, White Castle, BMO Harris Bank, Taco Bell and many more.

Quantum Real Estate Advisors, Inc.
Chad M Firsel
(312) 269-9494

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