1127 Dearborn AveAurora, IL 60505

This exceptional redevelopment opportunity presents a 21,200 square foot, multi-tenant industrial warehouse located at 1127-1137 Dearborn Ave, Aurora, IL 60505. Situated on a 0.6-acre lot, this single-story building, constructed in 1956 and 1977, features three units currently occupied by auto repair shops. The property boasts four dock-high doors, ideal for efficient loading and unloading. Zoned M, it offers significant potential for various industrial or warehouse uses. Tenants are vacating on December 1, 2024, but are open to extending their leases. The building requires some renovations, but with a projected annual rental income of $200,000, this presents a strong return on investment. The property's convenient location on the east side of Aurora, near Farnsworth Avenue and I-88, provides excellent access to major transportation routes. This is a rare chance to acquire a well-positioned industrial property with substantial upside potential. The asking price is $925,000.