• Asking Price $1,750,000
  • 1900 E NEW YORK ST AURORA, IL 60502

  • Commercial / Resale (MLS)

Property Details for 1900 E NEW YORK ST, AURORA, IL 60502

Features

  • Lot Size: 74052 sq. ft.

Facts

  • Property ID: 859848870
  • MLS Number: 12032616
  • Parcel Number: 15-24-451-044
  • Property Type: Commercial
  • County: KANE
  • Legal Description: PT SE1/4 SEC 24-38-8 DESC WITHIN TAX PAYER REQUEST WITH SURVEY 19DIV080 AS LOT 2 LYING IN UNRECORDED ADDRESS PLAT FOR FOX VALLEY SQUARE SUB
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Discover the immense potential of this prime 13-acre land parcel situated at the historic address of 1900 E New York St, Aurora, IL 60502-a city pulsating with growth and opportunity. This expansive property, divided into three parcels, offers a unique opportunity for visionary developers to tap into a market ripe with commercial promise and steeped in rich local history. Aurora, known as the "City of Lights," was one of the first in the U.S. to implement an all-electric street lighting system in the early 1880s, highlighting the city's longstanding embrace of innovation and progress. Ideal for a variety of high-impact projects, this site could be transformed into a bustling distribution hub, a large-scale retail complex, or a cutting-edge business park, leveraging Aurora's historical significance as a hub of commerce and industry. With its high visibility on New York Street, which sees daily traffic counts of approximately 13,000 vehicles, the location offers unparalleled exposure and accessibility. Situated near Route 59 and multiple thriving shopping centers, any development here would be perfectly placed at the vortex of consumer activity, benefiting from the extensive footfall and vehicular traffic essential for any burgeoning enterprise. The surrounding area is buoyed by robust residential growth, ensuring a steady demand for new services and products, which makes this site an ideal ground for creating Aurora's next landmark commercial development. The land's zoning as B-3 Business and Wholesale District, with allowances for special use permits, provides a flexible canvas for developers looking to innovate or diversify. Seize the opportunity to shape the future of Aurora by developing this land into a cornerstone of community and commerce, echoing the city's pioneering spirit and bright future. Act now to anchor your venture in one of Illinois's most dynamic and historically rich locales

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Property Brokerage: MoHall Commercial & Urban Development LLC 350 N. Orleans St. #9000N Chicago IL 60654
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.