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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

Prime Investment Opportunity. 13 Acres Are For Sale

Property Facts

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
Commercial
  • Retail
  • Distribution
  • Strip Center
Total Lot Size 13.00 AC

1 Lot Available

Lot 3

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-24-451-044
  • 15-24-451-042
  • 15-24-451-045
Land Assessment
$1,819
Improvements Assessment
$0
Total Assessment
$1,819

zoning

Zoning Code B-2(S) (Business District General Retail Special Use)
B-2(S) (Business District General Retail Special Use)
  • Listing ID: 31027822

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 1900 New York, Aurora, IL 60502

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