$ 1,750,000
1900 E New York ST Aurora, IL 60502
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$ 1,750,000
Est. payment | /mo
$ 1,750,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12032616
Annual Tax Amount $364
Tax Year 2022
Lot Dimensions 271.27, 37.51 , 61.56 , 72.28 , 6.63 , 301.67 , 238.51
Property Description
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
Location
State IL
County Kane
Area Aurora / Eola
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Gas Nearby, Water Nearby
Waterfront false
Building
Dwelling Type Land
Schools
Elementary Schools Olney C Allen Elementary School
Middle Schools Henry W Cowherd Middle School
High Schools East High School
School District 131 , 131, 131
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Moses Hall • MoHall Commerical & Urban Development
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Sanjay Marathe
REALTOR® | Lic# 475168373