229 W Galena Boulevard Aurora, IL ^$ 950,000

229 W Galena Boulevard

^$ 950,000

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229 W Galena Boulevard

Aurora, IL, 60506

^$ 950,000

Studio Baths0.0 Sq 10,890

Monthly Estimate*

^$ 6,636

229 W Galena Boulevard, Aurora, IL 60506 - Image 1

229 W Galena Boulevard, Aurora, IL 60506 - Image 2

229 W Galena Boulevard, Aurora, IL 60506 - Image 3

Studio

Commercial Property for sale in Aurora, IL

for $950,000. This 10,890 square foot building was built in 1990 on a lot size of 0.25.

Prime Downtown Aurora Commercial Property Welcome to a thriving business opportunity in the heart of downtown Aurora! This prime commercial property offers a strategic location for entrepreneurs looking to establish or expand their ventures. Situated in a bustling area, the property is designed with six well-appointed units, each ready to accommodate a diverse range of businesses. Rental Income Opportunities: As the property owner, you have the opportunity to generate rental income from the six units. This passive income stream adds financial stability and contributes to the overall success of your investment.

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,593

Style

Commercial

Lot Size

0.25

Year Built

1990

Town/City

Aurora

County/Region

Kane

MLS | Web ID

11974249

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Year Built 1990

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Sewer

Stories 1

Township Aurora

Property SubType Mixed Use

Tax Year 2022

Current Use Commercial

Gross Income 106800

County Kane

Net Operating Income 50400

Operating Expense 21307

Insurance Expense 2300

Property Type Commercial Sale Mixed Use

Possible Use Commercial Industrial

Status Active

Directions Route 31 south west on Galena 1 block to property

City Aurora

Total Units 6

MLS Area Aurora / Eola

Lot Size Square Feet 10890

Street Name Galena

Tax Annual Amount 10593

Electric Expense 1140

Fuel Expense 1140

Trash Expense 960

Water Sewer Expense 840

Additional Parcels Y/N Y

Days on Market 6

Lease Type Net

Standard Status Active

Exterior

Building Area Total 10890

Lot Dimensions 60 X 181.5

Interior

Street Suffix Boulevard

* Excluded Features

List By

Coldwell Banker Realty

Broker

Laura.Rios@cbrealty.com

Affordability Calculator

$7,519

Per Month

Monthly Principal & Interest: $6,636
Monthly Property Taxes: $883
Monthly Home Insurance: --

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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 1%

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
2/17/2024	$950,000		Listed Price

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229 W Galena Boulevard, Aurora, IL, 60506 is a Commercial Property for sale at $950,000 with 10,890 sqft and a lot size of 0.25. 229 W Galena Boulevard is a studio with 0.0 baths and was built in 1990. 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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Data is updated as of 4/30/2024.

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229 W Galena Boulevard

Commercial Property for sale in Aurora, IL

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