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305 S Lake St - Aurora Religious Offices + Residence Hall

14,328 SF Specialty Building Offered at $470,000 in Aurora, IL 60506

Investment Highlights

  • Signalized Corner lot
  • South of the Central Business District
  • Access from Lake and Gale Streets
  • High Visibility
  • Three Car Brick Garage + 8 parking spaces
  • Convenient to I-88

Executive Summary

Is it time for a change in your business or organization? On the southwest corner of S Lake and Gale Streets sits a two-story office building with a three-story stone staff residence hall. Zoned R5, the 14,328 square-foot building includes individual offices, two open work areas, a large activity room, and a communal dining room with a kitchen. The grounds around the buildings contain manicured landscaping, an 8-car paved parking lot, and a brick 3-car garage. The entrance to the property is on Gale Street, and the exit is on S Lake Street. A traffic signal controls the intersection with a 15,400 adt.
Aurora is part of the Illinois Technology and Research Corridor. 305 S. Lake sits within a few blocks of the central business district. Close to retail centers containing sit-down or drive-through food service. Aurora offers other fantastic recreational activities: bike or walk along the Fox River, hit the links at many local courses, or shop at the Outlet Mall and the Fox Valley Mall.

Data Room Click Here to Access

Property Facts Under Contract

Price $470,000
Price Per SF $33
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Religious Facility
Lot Size 0.64 AC
Building Size 14,328 SF
No. Stories 2
Year Built 1926
Parcel Numbers
Multiple
  • 15-21-452-058
  • 15-21-452-059
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R5
R5
  • Listing ID: 23982867

  • Date on Market: 8/26/2021

  • Last Updated:

  • Address: 305 S Lake St, Aurora, IL 60506

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