1127-1137 Dearborn Ave
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1127-1137 Dearborn Ave
21,200 SF 100% Leased Industrial Building Aurora, IL 60505 $925,000 ($44/SF)
Investment Highlights
- Auto approved zoning with body work allowed
Executive Summary
Hard to find auto or industrial building on the east side of Aurora near Farnsworth and not far from I-88. 1127-1137 is a 3-Unit Building that has been used as 3 auto repairs shops for decades. It is perfect for auto repair, body work and a paint booth is included. The spaces could also be used for industrial or warehouse. The building needs a little TLC.
Tenants have been told to vacate, but they would be willing to stay and sign a lease if you move quickly.
The rent potential is probably $150,000 per year!
Tenants have been told to vacate, but they would be willing to stay and sign a lease if you move quickly.
The rent potential is probably $150,000 per year!
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- 24 Hour Access
- Signage
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $178,093 (2023) | |
| Land Assessment | $12,156 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $165,937 (2023) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,156 (2023)
Improvements Assessment
$165,937 (2023)
Total Assessment
$178,093 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
zoning
| Zoning Code | M2-S (Highly sought out M2 zoning. Approved for auto repair, body work and painting. Also industrial uses permitted.) |
| M2-S (Highly sought out M2 zoning. Approved for auto repair, body work and painting. Also industrial uses permitted.) |
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1127-1137 Dearborn Ave
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