2555 New York StAurora, IL 60502

For Sale
$1,650,000

Prime Aurora land, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5.34-acre property in Aurora, Illinois, presents a unique redevelopment opportunity. Comprised of six contiguous parcels (APN: 07-19-401-003, 07-19-401-006, 07-19-401-009, 07-19-401-010, 07-19-401-011, 07-19-401-022), this land is ideally suited for the construction of townhomes or multifamily dwellings. Located at 2555 E New York St, Aurora, IL 60502 (DuPage County), the site offers significant potential for a high-density residential project. The property previously housed three single-family homes, which have since been demolished, providing a clean slate for development. Seller financing or a flexible lot release schedule may be available, making this an attractive proposition for developers. Furthermore, neighboring property owners have expressed interest in selling their land, presenting the possibility of expanding the development footprint significantly. This presents a rare chance to acquire a substantial land parcel in a desirable location with considerable upside potential. The asking price for this exceptional opportunity is $1,650,000.

Highlights

  • Excellent redevelopment opportunity to create multiple single-family homes or townhomes.
  • Potential for land assemblage with neighboring properties currently for sale.

Property Details for 2555 New York St

Property type
Other land, Land
Lot Size (sq. ft)
232,610 SF

Location Insight

City
Aurora
County
DuPage
State
Illinois
Latitude
41.7586271
Longitude
-88.2529819
2555 New York St, Aurora, Illinois

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2555 New York St
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