711 N Commons Dr
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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 | - | - |
Total Expenses | $99,999 | $9.99 |
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
Parcel Number | 07-16-300-028 | Improvements Assessment | $1,101,110 (2023) |
Land Assessment | $411,090 (2023) | Total Assessment | $1,512,200 (2023) |
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)
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711 N Commons Dr
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