This 10.82-acre land offering on East New York Street in Aurora, Illinois, presents a significant development opportunity in a growing suburban market. The property consists of two parcels, one zoned R-5 and the other B-B, providing flexibility for a range of uses including multi-family development. With over 400 feet of frontage along East New York Street, the site benefits from strong visibility and a high traffic count, making it well-positioned for future growth.
Located approximately 2.5 miles south of Interstate 88, the property offers convenient regional connectivity and access to major employment centers. Surrounding amenities include retail, dining, and service businesses, contributing to a vibrant and established community environment. Utilities are available to the site, reducing development lead time and costs.
Aurora is one of Illinois’ largest cities, with a robust population base and strong household incomes, as reflected in the area’s demographics. Within a five-mile radius, the population exceeds 258,000, with average household incomes above $124,000, supporting demand for residential and mixed-use projects. This property represents a rare opportunity to secure a sizable tract in a high-demand corridor with excellent long-term potential.