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711 N Commons Dr

53,818 SF Office Building Aurora, IL 60504 $3,999,999 ($74/SF)

Investment Highlights

  • 53,818 SF Two-Story, Single Tenant Office Building.
  • No Significant Deferred Maintenance.
  • 380 Parking Spots (7.15/1000 SF).
  • Professionally Managed, Well-Maintained Building.
  • 6.94 Acre Site.
  • Expandable Building Site.

Executive Summary

711 N Commons is an owner / user opportunity, recently vacated corporate headquarters property. The property is in excellent condition and has been professionally managed as well as fully renovated in 2015, including the entire interior of the building. Unique features include a building expansion option with a large lot of over 6 acres, an automation system that allows the HVAC to be controlled remotely and bipolar ionization as a response to Covid, which combined with proper filtration, helps capture larger airborne particles in the air through the HVAC system. Additionally, the roof underwent a complete overlay replacement in 2019 with a transferable warranty through 2039. The building has no significant deferred maintenance.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
53,818 SF
Building Class
B
Year Built
1998
Price
$3,999,999
Price Per SF
$74
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
26,909 SF
Building FAR
0.18
Lot Size
6.94 AC
Zoning
C
Parking
380 Spaces (7.06 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-16-300-028
Land Assessment
$411,090 (2023)
Improvements Assessment
$1,101,110 (2023)
Total Assessment
$1,512,200 (2023)
  • Listing ID: 33446158

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 711 N Commons Dr, Aurora, IL 60504

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