26 E Downer Pl
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26 E Downer Pl
4,200 SF 100% Leased Retail Building Aurora, IL 60505 $495,000 ($118/SF) 9.17% Cap Rate
Executive Summary
100% Occupied 9.17% Cap Rate - Mix Use Building in the Center of Aurora's Stop Island - Downtown Historic District on emerging East and West Downer Street. Building is surrounded and close to new and established; Restaurants, Coffee Shops, Fitness Centers, Medical Practices, Art Galleries, Clothing Retailer, Design Studio, Holistic Heath Care, Attorney Offices, Insurance Providers, Aurora City Hall and much much more!.
48 hours’ notice is required and evidence of Buyer’s proof of funds and/or financial qualifications to purchase required for buyer’s review prior to showing approval... Sorry, no exceptions.
48 hours’ notice is required and evidence of Buyer’s proof of funds and/or financial qualifications to purchase required for buyer’s review prior to showing approval... Sorry, no exceptions.
Financial Summary (Actual - 2024) 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 (Actual - 2024) 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
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1900
Price
$495,000
Price Per SF
$118
Cap Rate
9.17%
NOI
$45,392
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.05 AC
Zoning
Downtown Core
Parking
1 Space (0.24 Spaces per 1,000 SF Leased)
Frontage
19 FT on Downer Place
Amenities
- Bus Line
- Commuter Rail
- Signage
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 15-22-334-011 | Total Assessment | $28,221 (2023) |
Land Assessment | $8,632 (2023) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $19,589 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
15-22-334-011
Land Assessment
$8,632 (2023)
Improvements Assessment
$19,589 (2023)
Total Assessment
$28,221 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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26 E Downer Pl
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