544 S Lake Street Aurora, IL ^$ 1,850,000

544 S Lake Street

^$ 1,850,000

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544 S Lake Street

Aurora, IL, 60506

^$ 1,850,000

Studio Baths0.0 Sq 26,136

Monthly Estimate*

^$ 12,923

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Studio

Commercial Property for sale in Aurora, IL

for $1,850,000. This 26,136 square foot building was built in 1960 on a lot size of 0.6.

Welcome to a prime commercial property nestled in the heart of Aurora! A vibrant hub with endless possibilities for entrepreneurial ventures. Boasting a versatile layout and strategic location, this property stands as an exceptional canvas for diverse business opportunities that offers numerous possibilities, from an event venue to a sports facility , soccer field in door , boxing gym , offices spaces, etc..easy potential return to industrial use. Parking for 50 cars. Just 5 minutes from downtown Aurora and Aurora University, this property boasts a strategic location. Conveniently located near the intersection of four major expressways, the Western Suburbs of Chicago contain some of the strongest buying power in the Chicago region, supported by high incomes, significant day time working populations, and desirability of its residential neighborhoods SELLER WILLING TO FINANCE!!

Commercial Active

Price

^$ 1,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,000

Style

Lot Size

0.6

Year Built

1960

Town/City

Aurora

County/Region

Kane

MLS | Web ID

11940581

Features

General

Cooling Central Air Ceiling Fan(s)

Zoning INDUS

Year Built 1960

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Other

Stories 3

Property SubType Manufacturing / Warehousing

Tax Year 2021

Gross Income 0

County Kane

Net Operating Income 0

Operating Expense 4000

Property Type Commercial Sale Industrial

Status Active

Directions Follow IL-31 S/State Rte 31 S to W Lake St in Aurora

City Aurora

MLS Area Aurora / Eola

Lot Size Square Feet 26136

Street Name Lake

Tax Annual Amount 5000

Additional Parcels Y/N N

Leasable Area 15896

Days on Market 143

Standard Status Active

Exterior

Building Area Total 26136

Lot Dimensions 26136 SQ FT.

Lot Size Acres 0.6

Interior

Street Suffix Street

* Excluded Features

List By

Re/Max American Dream

Broker

Jossegura@hotmail.com

Affordability Calculator

$13,339

Per Month

Monthly Principal & Interest: $12,923
Monthly Property Taxes: $417
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Aurora, IL

Average List Price ^$940,200

Percent of Sale Price 49%

About Aurora, IL

196,909 Population

37% Since 2002

^$62,357 Median Income

32.79 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$1,850,000	-2.63%	Price Down
12/6/2023	$1,900,000		Listed Price

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544 S Lake Street, Aurora, IL, 60506 is a Commercial Property for sale at $1,850,000 with 26,136 sqft and a lot size of 0.6. 544 S Lake Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 60506 which is in Aurora, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2024.

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544 S Lake Street

Commercial Property for sale in Aurora, IL

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