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$ 550,000
Est. payment | /mo
3,072 SqFt
$ 550,000
Est. payment | /mo
3,072 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $179
MLS Listing ID 12708575
Year Built 1964
Annual Tax Amount $6,912
Tax Year 2025
Lot Dimensions 110X56
Property Sub-Type Retail/Stores
Property Description
Prime Turnkey Restaurant & Multi-Unit Investment Property in Aurora Unlocking Value: 3,000+ SF Brick Building with Built-In Income Stream Position your business for massive success or supercharge your investment portfolio with this versatile commercial property. Located immediately north of the high-traffic corner of North Elmwood and West Galena Boulevard, this 3,000+ sq. ft. brick building offers unparalleled visibility on a major East/West Aurora traffic artery. Currently configured as a highly functional multi-unit setup, the property features a large primary space outfitted for a gourmet pizza business, a second unit currently leased to a popular ice cream shop, and an adjacent high-traffic taco business. Whether you want to launch a new concept, expand an existing brand, or collect steady rental checks, this property delivers immediate cash flow to offset your expenses while you scale. Turnkey Restaurant Ready: Includes the majority of the current kitchen equipment (with few exceptions). Massive Infrastructure Savings: Equipped with an existing grease trap (grease pit), saving you tens of thousands of dollars in build-out expenses. Built-In Customer Base: Situated just blocks from West Aurora High School and Aurora University. The high-density university area and surrounding residential neighborhood offer a reliable, built-in audience for delivery and takeout. Strong Local Economics: Located in a highly desirable neighborhood where residential homes command a median price of $345,000, ensuring strong local spending power. Ample Amenities: Features 11 dedicated off-street parking spaces, extensive dry storage, walk-in coolers, freezer/coolers, prep tables, oven, scullery sinks and an overhead door for deliveries. Buyer Incentives & Credits: The owner is offering a generous credit (can be held in escrow) to cover both parking lot improvements and roof attention, allowing you to customize repairs to your standards post-closing.
Location
State IL
County Kane
Area Aurora / Eola
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by Ray Garcia of Keller Williams Innovate