305 S Lake Street Aurora, IL $ 470,000
305 S Lake Street
$ 470,000
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305 S Lake Street

Aurora, IL, 60506
$ 470,000
Baths0.0 Sq 14,329

Monthly Estimate*

$ 3,283

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Studio

Commercial Property for sale in Aurora, IL

for $470,000. This 14,329 square foot building was built in 1926 on a lot size of 0.63.

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.

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Commercial Active

Price

$ 470,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.63

Year Built

1926

Town/City

Aurora

County/Region

Kane

MLS | Web ID

11200936

Features
General
Cooling Window Unit(s)
Year Built 1926
Tenant Pays Varies by Tenant
Stories 2
Township Aurora
Tax Year 2021
County Kane
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Status Active
Directions I-88 to IL-31 (Lake Street) south to the building on the southwest corner of Lake and Gale Street. Use the Gale Street driveway to enter.
City Aurora
MLS Area Aurora / Eola
Street Name Lake
Tax Annual Amount 0
Additional Parcels Y/N N
Virtual Tour https://www.asteroom.com/pviewer?hideleadgen=1&token=mH7ZCDrIHEKBC_vLx-UBzw&autorotation=1&defaultviewdollhouse=1&showdollhousehotspot=1
Days on Market 860
Standard Status Active
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Exterior
Building Area Total 14329
Lot Dimensions 147.92 X 35.36 X 140 X 165
Lot Size Acres 0.63
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Interior
Street Suffix Street
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* Excluded Features
List By
Century 21 Circle

Broker

kkramford@kkramford.com

Email

Affordability Calculator

$3,283
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,283
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2022$470,000 -32.86% Price Down
8/26/2021$700,000 Listed Price

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305 S Lake Street, Aurora, IL, 60506 is a Commercial Property for sale at $470,000 with 14,329 sqft and a lot size of 0.63. 305 S Lake Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 60506 which is in Aurora, IL