550 W Galena BLVD Save Request In-Person Tour Request Virtual Tour
Aurora,IL 60506
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,019 sqft
Price per Sqft $99
MLS Listing ID 12208290
Year Built 1900
Annual Tax Amount $10,585
Tax Year 2023
Lot Dimensions 72 X 198
Property Description
New to the Market: Prime Mixed-Use Property in Aurora! Available for the first time in 25 years, this versatile 3,019 sq. ft. building offers an exceptional opportunity for both commercial and residential use. Located on a generous 72 x 198 ft. lot (14,256 sq. ft.), the property includes ample parking with a recently repaved and striped lot featuring 15 parking spaces and 1 designated handicap spot, all with convenient direct access from Galena Rd. Commercial Space (1st Floor) The first-floor commercial area spans 1,538 sq. ft. and includes: Reception area, 3 private offices, A large hall perfect for gatherings, meetings, or workspace, 2 storage areas located at the rear, Restroom and kitchenette. Modern finishes, including vinyl plank flooring, dropped ceilings, and fluorescent lighting. Additionally, a 1,509 sq. ft. basement is accessible from the rear of the building, offering abundant storage or potential additional workspace Residential Income Opportunity (2nd Floor) The upper-level apartment is accessed via the front entrance and features: 2 bedrooms, a spacious living room, Kitchen with dinette and large pantry, Full bath Spanning just under 1,500 sq. ft., this unit offers excellent rental income potential after a rehab. Additional Features, Maintenance-free aluminum siding, Illuminated business sign included. Prime location: 2 miles west of Downtown Aurora, near new restaurants, stores, Aurora University, Orchard Road shopping, and with easy access to I-88. This property is being sold "as-is" a fantastic opportunity for investors or business owners to create value in a desirable location. Don't miss this rare chance to own a property with both commercial and residential potential!
Location
State IL
County Kane
Area Aurora / Eola
Zoning COMMR
Interior
Cooling Window Unit(s)
Flooring Carpet,Varies,Vinyl,Wood
Fireplaces Number 1
Fireplace Y
Exterior
Roof Type Composition
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Wood Frame