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100-102 N Ohio St 3,353 SF 81% Leased Retail Building Aurora, IL 60505 $756,511 CAD ($225.62 CAD/SF) 8.38% Cap Rate
Investment Highlights
- Newly Renovated to Code
- Central Location
Executive Summary
Current rents include a 3-bedroom unit at $1,850/month and a 1-bedroom unit at $1,525/month, generating total residential income of $40,500 annually. The commercial unit is currently vacant and presents an opportunity for additional income.
The commercial space is lease-ready with a minor ADA accessibility improvement estimated between $10,000–$15,000. Based on market conditions, projected rent for the commercial unit is approximately $1,000–$1,200 per month.
Annual expenses are approximately $3,400 for property taxes and $4,000 for insurance. Net operating income based on current residential income is approximately $33,100 per year, with potential to increase to approximately $45,000–$47,500 annually once the commercial space is leased.
Ideal for investors seeking a mixed-use property with existing income and value-add potential through lease-up of the commercial unit.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
675 SF Commercial Space for Lease Private / Non-Public Use Only (Aurora, IL) Well-located 675 square foot commercial unit available in Aurora, ideal for businesses seeking a private, non-public-facing operational space. This flexible unit is best suited for administrative, storage, or light business operations where no customer walk-ins or public access are permitted or required. Property Features: Approximately 675 sq ft of flexible open space Private entry access Suitable for office build-out or storage use Convenient access to major roadways and nearby business corridors Efficient layout for small-business operations Permitted Uses: Ideal for: Back-office / administrative operations Remote or digital businesses (no in-person client meetings) E-commerce / online retail fulfillment (shipping only) Storage or light operational use Professional services conducted off-site with clients Use Restrictions (Strict): No retail or storefront use No walk-in customers, clients, or public access permitted No on-site sales or customer transactions No exterior signage indicating public business operations Ideal Tenant: Businesses seeking a quiet, private operational space without public foot traffic.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 650 SF | Office | - | Now |
1st Floor
| Size |
| 650 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 650 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
675 SF Commercial Space for Lease Private / Non-Public Use Only (Aurora, IL) Well-located 675 square foot commercial unit available in Aurora, ideal for businesses seeking a private, non-public-facing operational space. This flexible unit is best suited for administrative, storage, or light business operations where no customer walk-ins or public access are permitted or required. Property Features: Approximately 675 sq ft of flexible open space Private entry access Suitable for office build-out or storage use Convenient access to major roadways and nearby business corridors Efficient layout for small-business operations Permitted Uses: Ideal for: Back-office / administrative operations Remote or digital businesses (no in-person client meetings) E-commerce / online retail fulfillment (shipping only) Storage or light operational use Professional services conducted off-site with clients Use Restrictions (Strict): No retail or storefront use No walk-in customers, clients, or public access permitted No on-site sales or customer transactions No exterior signage indicating public business operations Ideal Tenant: Businesses seeking a quiet, private operational space without public foot traffic.
Property Taxes
| Parcel Number | 15-23-381-020 | Total Assessment | $44,622 CAD (2024) |
| Land Assessment | $10,950 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $33,672 CAD (2024) | Tax Year | 2026 |
Property Taxes
Presented by
Nuvian LLC
100-102 N Ohio St
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