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Jericho 5+ Acres M-2 1019 Jericho Rd 18,128 SF 100% Leased Industrial Building Aurora, IL 60506 $4,000,000 ($220.65/SF)
INVESTMENT HIGHLIGHTS
- While currently leased for school bus operations, the land has potential for other industrial uses or redevelopment in the future.
- Zoning (M-2): The M-2 zoning for general manufacturing
- Land Size: +/- 5 Acres of land is a significant asset, especially for parking, storage, and potential future expansion.
EXECUTIVE SUMMARY
Property Condition and Features
There is a office structure, terminal facility, and maintenance shop (totaling 18,128 sq ft)
Land Size: +/- 5 Acres of land is a significant asset, especially for parking, storage, and potential future expansion.
Zoning (M-2): The M-2 zoning for general manufacturing is generally considered favorable for industrial uses, but understanding the specific permitted and conditional uses in Aurora's ordinance is important for potential future flexibility.
While currently leased for school bus operations, the land has potential for other industrial uses or redevelopment in the future.
The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.
The property is currently leased please DO NOT DISTURB THE TENANTS.
There is a office structure, terminal facility, and maintenance shop (totaling 18,128 sq ft)
Land Size: +/- 5 Acres of land is a significant asset, especially for parking, storage, and potential future expansion.
Zoning (M-2): The M-2 zoning for general manufacturing is generally considered favorable for industrial uses, but understanding the specific permitted and conditional uses in Aurora's ordinance is important for potential future flexibility.
While currently leased for school bus operations, the land has potential for other industrial uses or redevelopment in the future.
The information provided herein was obtained from sources believed reliable; however, Peter J. Poulos Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.
The property is currently leased please DO NOT DISTURB THE TENANTS.
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PROPERTY FACTS
| Price | $4,000,000 | Rentable Building Area | 18,128 SF |
| Price Per SF | $220.65 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1957 |
| Property Type | Industrial | Parking Ratio | 2.48/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 13’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 5.20 AC | ||
| Zoning | M-2, Aurora - Zoning (M-2): The M-2 zoning for general manufacturing is generally considered favorable for industrial uses any use should be confirmed. | ||
| Price | $4,000,000 |
| Price Per SF | $220.65 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.20 AC |
| Rentable Building Area | 18,128 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 2.48/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | M-2, Aurora - Zoning (M-2): The M-2 zoning for general manufacturing is generally considered favorable for industrial uses any use should be confirmed. |
UTILITIES
- Water - City
- Sewer - City
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $445,545 | |
| Land Assessment | $164,224 | Total Assessment | $609,769 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$164,224
Improvements Assessment
$445,545
Total Assessment
$609,769
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Jericho 5+ Acres M-2 | 1019 Jericho Rd
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