244 S River St | Aurora, IL 60506
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- LoopNet Team
244 S River St
Aurora, IL 60506
Retail Property For Sale
Investment Highlights
- Prime Location on the Fox River in Downtown Aurora.
- Replaceable and Increasable Rents on Month-to-Month Leases Present Either Cash-Flow or Redevelopment Opportunity.
- 1.5-Acre Lot Provides Significant Lot Space Relative to Surrounding Properties. Industrial Submarket Rent Growth is Up Over 8% Year-Over-Year.
- Aurora's Economic Development Master Plan is Heavily Focused on Enhanced Riverfront Infrastructure.
- Features Three Buildings, Six Grade-Level Doors and Metal Construction. Eligible for Tax Credits as a Part of River Edge Redevelopment Zone.
- Ownership Leasing Back Suites A and D through Premium Exteriors on Month-To-Month Basis
PROPERTY FACTS
Property Type
Retail
Building Size
20,143 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Number of Floors
1
Building FAR
0.30
Lot Size
1.52 AC
Zoning
M-1
Parking
15 Spaces (0.74 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 15-21-480-014 | Improvements Assessment | £83,158 |
| Land Assessment | £40,516 | Total Assessment | £123,674 |
PROPERTY TAXES
Parcel Number
15-21-480-014
Land Assessment
£40,516
Improvements Assessment
£83,158
Total Assessment
£123,674
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