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209-223 S Lincolnway 39,500 SF 100% Leased Retail Building North Aurora, IL 60542 $3,296,427 CAD ($83.45 CAD/SF) 7% Cap Rate
Investment Highlights
- 39,500 +/- multi-tenant commercial property
- Well maintained with some recent improvements
- 1.85-Acre commercial/multifamily land site fronting Route 31/Lincolnway for $300,000
- 6 Individual commercial buildings, 1 industrial building, 2 apartments, and 2 garages
- 19,400 vehicles per day pass the center
Executive Summary
Dolan & Murphy, Inc. has been retained to exclusively offer for sale Lincolnway Commercial Center, a 39,500 SF retail center with seven buildings on-site located at 209 - 223 S Lincolnway in North Aurora, IL. The property sits on a 3.74-acre lot and is located one block north of the I-88/Route 31 interchange in North Aurora, IL. Strong demographics with nearly 30,000 households within three miles of the property. Brokers have ownership in property.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
39,500 SF
Building Class
B
Year Built
1961
Price
$3,296,427 CAD
Price Per SF
$83.45 CAD
Cap Rate
7%
NOI
$230,750 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
3.74 AC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 209 S Lincolnway | 4,850 SF | Retail | - | 30 Days |
209 S Lincolnway
| Size |
| 4,850 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1 of 2
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Map
209 S Lincolnway
| Size | 4,850 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-04-476-005 | Improvements Assessment | $71,382 CAD |
| Land Assessment | $261,296 CAD | Total Assessment | $332,678 CAD |
Property Taxes
Parcel Number
15-04-476-005
Land Assessment
$261,296 CAD
Improvements Assessment
$71,382 CAD
Total Assessment
$332,678 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
209-223 S Lincolnway
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