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1900 New York - Aurora Land Development Opportunity
13 Acres of Commercial Land Offered at $1,750,000 in Aurora, IL 60502
Investment Highlights
- Prime 13-acre parcel
- Daily traffic counts approximate 13,000 vehicles
- Zoned B-3 for business and wholesale district with special use permissions
- Proximity to Route 59
Executive Summary
Property Facts
Price | $1,750,000 | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 13.00 AC |
Price | $1,750,000 |
Sale Type | Investment or Owner User |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 13.00 AC |
1 Lot Available
Lot 3
Price | $1,750,000 | Lot Size | 13.00 AC |
Price Per AC | $134,615 |
Price | $1,750,000 |
Price Per AC | $134,615 |
Lot Size | 13.00 AC |
Lot 1 was sold and has been built into a car dealership. Lots 2-4 are for sale. There is a shared road easement between Lot 1 and Lot 2 as an entry point from New York St, giving access to Lot 3. Lot 4 is currently landlocked.
Description
Discover the immense potential of this prime 13-acre land parcel situated at the historic address of 1900 E New York St, Aurora, IL 60502—a city pulsating with growth and opportunity. This expansive property, divided into three parcels, offers a unique opportunity for visionary developers to tap into a market ripe with commercial promise and steeped in rich local history. Aurora, known as the "City of Lights," was one of the first in the U.S. to implement an all-electric street lighting system in the early 1880s, highlighting the city’s longstanding embrace of innovation and progress. Ideal for a variety of high-impact projects, this site could be transformed into a bustling distribution hub, a large-scale retail complex, or a cutting-edge business park, leveraging Aurora's historical significance as a hub of commerce and industry. With its high visibility on New York Street, which sees daily traffic counts of approximately 13,000 vehicles, the location offers unparalleled exposure and accessibility. Situated near Route 59 and multiple thriving shopping centers, any development here would be perfectly placed at the vortex of consumer activity, benefiting from the extensive footfall and vehicular traffic essential for any burgeoning enterprise. The surrounding area is buoyed by robust residential growth, ensuring a steady demand for new services and products, which makes this site an ideal ground for creating Aurora's next landmark commercial development. The land's zoning as B-3 Business and Wholesale District, with allowances for special use permits, provides a flexible canvas for developers looking to innovate or diversify. Seize the opportunity to shape the future of Aurora by developing this land into a cornerstone of community and commerce, echoing the city’s pioneering spirit and bright future. Act now to anchor your venture in one of Illinois’s most dynamic and historically rich locales
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $1,819 | Total Assessment | $1,819 |
PROPERTY TAXES
zoning
Zoning Code | B-2(S) (Business District General Retail Special Use) |
B-2(S) (Business District General Retail Special Use) |
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1900 New York - Aurora Land Development Opportunity
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