550 Galena BlvdAurora, IL 60506

For Sale
$299,900

Prime Aurora location, commercial & residential potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in Aurora, Illinois, presents a unique investment opportunity. The 3,019 square foot building, available for the first time in 25 years, sits on a 14,256 square foot lot (72 x 198 feet) and offers a blend of commercial and residential space. The first floor encompasses 1,538 square feet of commercial space, featuring a reception area, three private offices, a large hall, two storage areas, a restroom, and a kitchenette. Modern finishes include vinyl plank flooring, dropped ceilings, and fluorescent lighting. A 1,509 square foot basement provides ample storage or potential for expansion. Conveniently located off Galena Road, the property boasts a recently repaved and striped parking lot with 15 spaces, including one handicap-accessible spot. Upstairs, a nearly 1,500 square foot, two-bedroom apartment with a spacious living room, kitchen with dinette and large pantry, and a full bath offers significant rental income potential following rehabilitation. The building features maintenance-free aluminum siding and includes an illuminated business sign. Its prime location, two miles west of downtown Aurora, offers proximity to new restaurants, stores, Aurora University, Orchard Road shopping, and easy access to I-88. The property is being sold "as is," presenting a fantastic opportunity for investors or business owners seeking to capitalize on a desirable location and create substantial value.

Property Details for 550 Galena Blvd

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
3,019 SF
Year Built
1900

Location Insight

City
Aurora
County
Kane
State
Illinois
Latitude
41.76108
Longitude
-88.32867
550 Galena Blvd, Aurora, Illinois

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550 Galena Blvd
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