442 N Lake St - Office FOR SALE


Aurora, IL 60506- Downtown Aurora
$499,900 USD
331-255-7973
442 N Lake St, Aurora, IL for Sale
$499,900 USD
Office - FOR SALE
1/17
null | Request Cap Rate

NEW


442 N Lake St
Aurora, IL 60506
Downtown Aurora


HIGHLIGHTS

  • Two-parcel offering totaling approximately 0.27 acres
  • Large private parking lot with approximately 10 marked spaces
  • 40' x 20' detached two-car garage with additional storage
  • High-visibility Lake Street / Route 31 location near Downtown Aurora
  • Approx. 4-year-old roof with new plywood decking
  • Flexible two-story office layout with 1.5 baths and shower

OVERVIEW

FOR SALE BY OWNER - 442 N Lake Street, Aurora, IL Opportunity to acquire a freestanding commercial office property along the highly visible Lake Street/Route 31 corridor near Downtown Aurora. The offering includes two parcels totaling approximately 0.27 acres, an approximately 2,122 SF two-story office building, a large private paved parking lot with approximately 10 marked spaces, and a detached 40' x 20' two-car garage/storage building providing approximately 800 SF of additional covered space. The property is currently vacant and available for immediate occupancy. The building features a flexible floor plan with multiple private offices/workrooms, open work areas, bathrooms, abundant natural light and additional storage. Recent improvements include vinyl plank flooring throughout much of the building, updated LED lighting, a recently sealed and striped parking lot, and an approximately four-year-old asphalt shingle roof with new plywood decking installed during replacement. Central air conditioning and forced-air heating provide year-round comfort. Located just minutes from Downtown Aurora, the Fox River, Metra service and I-88 access, the property offers convenient regional connectivity while maintaining dedicated off-street parking and additional garage/storage space. Property Highlights: • Two parcels totaling approximately 0.27 acres • Approx. 2,122 SF freestanding two-story commercial building • 40' x 20' detached two-car garage/storage building • Approx. 10 marked private parking spaces • Recently sealed and striped parking lot • High-visibility Lake Street / Route 31 location • Office (O) zoning • Approx. four-year-old roof with new plywood decking • Vinyl plank flooring throughout much of the property • Updated lighting • Central air conditioning and forced-air heat • Multiple private offices and flexible work areas • Vacant and available for immediate occupancy • Convenient access to Downtown Aurora, Metra and I-88 Ideal for an owner-user, professional office, administrative operation or similar commercial use, subject to City of Aurora zoning and permitted-use requirements. Asking Price: $499,900 Serious inquiries and private showings welcome. Buyer should independently verify square footage, parcel dimensions, zoning, permitted uses and other property information.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

O

APN/PARCEL ID

15-22-127-038,15-22-127-039

ASK ABOUT THIS PROPERTY

Christopher FeltesChristopher FeltesMore Info
331-255-7973

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Christopher FeltesChristopher FeltesMore Info
331-255-7973

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