717-727 Lake Street N
Aurora, IL, 60507 $ 395,000
Bedrooms-- Baths-- Sq 3,500 Monthly Estimate*
$ 2,728
for $395,000. This 3,500 square foot building was built in 1950 on a lot size of 0.459137.
Prime commercial opportunity on heavily traveled LAKE STREET (ROUTE 31) in Aurora! Property consists of TWO LOTS WITH SEPARATE PINs, offering approximately 100 FEET OF FRONTAGE on Lake Street and 200 FEET OF DEPTH. Situated along the highly visible Route 31 north-south corridor. High volumes of traffic OVER 20,000 vehicles per day. The two-story building offers approximately 1,250 SQUARE FEET PER FLOOR, plus a finished attic and large basement. The first floor is configured for business/retail use, while the second floor is arranged into four individual office spaces. Each floor has a bathroom, front and rear stair access, large windows, and abundant natural light. Additional features include a LARGE FREESTANDING ELECTRIC SIGN, building signage, 15+ PARKING SPACES, and a NEWER ROOF approximately 1.5 years old. Excellent location approximately ONE BLOCK FROM THE FOX RIVER and nearby bike and walking trails, FIVE MINUTES FROM DOWNTOWN AURORA, and convenient to the DMV, SHOPPING, RESTAURANTS, AND MAJOR ROADWAYS. The Lake Street corridor features numerous established national retailers and restaurants, including STARBUCKS, DUNKIN', TACO BELL, and others, providing strong surrounding commercial activity. Ideal opportunity for an OWNER-USER, INVESTOR, OFFICE, RETAIL, MIXED-USE, REDEVELOPMENT, OR POTENTIAL FRANCHISE LOCATION, subject to zoning and applicable approvals. USE THE EXISTING BUILDING OR EXPLORE REDEVELOPMENT of the large site. Seller will also consider a LAND LEASE WITH AN ESTABLISHED FRANCHISE. Each lot provides approximately 50 FEET OF LAKE STREET FRONTAGE FOR A COMBINED 100 FEET, with separate PINs and tax bills. Floor plans are included in the listing photos. PROPERTY SOLD AS-IS. No showings without listing agent present. 24-HOUR NOTICE REQUIRED.
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FeaturesGeneralCooling None
Possession Closing
Zoning OTHER
Year Built 1950
Electric Circuit Breakers
Stories Count 3
Township Aurora
Tax Year 2025
Current Use Commercial
Gross Income 0
Additional Parcels Description 1515328015
County Kane
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions From I-88 take Route 31 (Lake St) south. Continue past the shopping center Driver Services Facility Taco Bell Starbucks and Dunkin Donuts. Property is on the east side of Lake St (Route 31).
City Aurora
Number Of Units Total 2
MLS Area Aurora / Eola
Lot Size Square Feet 20000
Tax Annual Amount 7180
Additional Parcels Y/N Y
Leasable Area 0
Virtual Tour https://www.youtube.com/watch?v=sm5i59mN32s
Standard Status Active
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ExteriorBuilding Area Total 3500
Lot Dimensions 100 X 200
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* Excluded FeaturesList ByRelocate Chicago Real EstateBroker
vida.ch0618@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,728
- Monthly Property Taxes
- $598
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Aurora, IL
Average List Price $926,667
Percent of Sale Price 135%
About Aurora, IL 196,909 Population
37% Since 2002
$ 62,357 Median Income
32.79 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $395,000 | -1.13% | Price Down |
| 8/20/2026 | $399,500 | 0.00% | Price Down |
| 7/15/2026 | $399,511 | | Listed Price |