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244 S River St
Aurora, IL 60506

Retail Property For Sale

Investment Highlights

  • Prime Location on the Fox River in Downtown Aurora.
  • Replaceable and Increasable Rents on Month-to-Month Leases Present Either Cash-Flow or Redevelopment Opportunity.
  • 1.5-Acre Lot Provides Significant Lot Space Relative to Surrounding Properties. Industrial Submarket Rent Growth is Up Over 8% Year-Over-Year.
  • Aurora's Economic Development Master Plan is Heavily Focused on Enhanced Riverfront Infrastructure.
  • Features Three Buildings, Six Grade-Level Doors and Metal Construction. Eligible for Tax Credits as a Part of River Edge Redevelopment Zone.
  • Ownership Leasing Back Suites A and D through Premium Exteriors on Month-To-Month Basis

PROPERTY FACTS

Property Type
Retail
Building Size
20,143 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.52 AC
Zoning
M-1
Parking
15 Spaces (0.74 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-21-480-014
Land Assessment
$50,937
Improvements Assessment
$104,546
Total Assessment
$155,483
  • Listing ID: 26271205

  • Date on Market: 7/27/2022

  • Last Updated:

  • Address: 244 S River St, Aurora, IL 60506

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