205 W Galena Blvd - Storefront Retail/Residential FOR SALE


Aurora, IL 60506- Downtown Aurora
$568,000 USD
815-302-3670
205 W Galena Blvd, Aurora, IL for Sale
$568,000 USD
Storefront Retail/Residential - FOR SALE
1/27
null | Request Cap Rate

205 W Galena Blvd
Aurora, IL 60506
Downtown Aurora


HIGHLIGHTS

  • Walking distance to all downtown Aurora's highlights, theatres, restaurants and shopping.
  • Private entrance for the second floor
  • Great visibility, approximately 10,850 Vehicles per day on W Galena Blvd and 21,000 Vehicles per day on Lake St.

OVERVIEW

FSBO - 2,520 SF Two-Floor Dual Rental Income Property with Rooftop Access. All the hard work has been done on this commercial property, but there is still plenty of room to put your own stamp on it. Located in a prime area of Downtown Aurora, 14-minute walk to the train station for a quick commute into the city. Just a 2-minute walk to amazing restaurants in the downtown area, and the Paramount Historic Theatre is also a short stroll across the Fox River. Low taxes are an added benefit. Street parking. This property adapts to a variety of needs. Rent out both the studio/business of your choice and the apartment. Both units are great for tenants seeking creative/business spaces and comfortable living quarters. Live and Earn: Reduce living expenses through rental income. Live-Work Space: Perfect for creative entrepreneurs, this building offers the opportunity to live upstairs while utilizing the first floor as a personal business space. Enjoy the convenience of working from home. The historical significance combined with modern amenities makes it an attractive and unique space—perfect for a multifaceted investment opportunity! The second floor apartment features two bedrooms, with the possibility of a third, one bath, laundry room, skylights, new high-end appliances and fixtures. Add an additional 1,260 SF with easy access to the roof, opening up more possibilities for a rooftop garden, seating areas, etc. Studio: Huge main studio space, "kiln room," entrance room, half bath, utility room, storage, and a small basement area. Sold as is.

FOR SALE DETAILS

PRICE

$568,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Studio 2 Zero 5

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

B-3

APN/PARCEL ID

15-22-163-024

ASK ABOUT THIS PROPERTY

Jennifer GneuhsBlueJaak LLCMore Info
815-302-3670

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Jennifer GneuhsBlueJaak LLCMore Info
815-302-3670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.