1051 Oak St
North Aurora, IL 60542
Retail Property For Sale
PROPERTY FACTS
ABOUT 1051 OAK ST , NORTH AURORA, IL 60542
SVN/Stewart Commercial Group, LLC is pleased to exclusively market for sale a net leased Walgreens property located in the high quality market of North Aurora, IL which is a part of the Chicago MSA. The property provides for zero landlord responsibilities and will be sold free and clear of debt. The in place Net Operating Income is $325,000 annually. The lease structure is true NNN and has approximately 11 1/2 years of firm term remaining. The firm term runs through 8/31/2030 with ten 5-year options thereafter. The 14,800 square foot building, constructed in 2005, features a drive-thru pharmacy and is situated on 1.91 acres. The property is located at the signalized intersection of Oak Street and N. Randall Road and benefits from significant nearby single family housing and apartment community density.
PROPERTY TAXES
| Parcel Number | 15-05-135-003 | Improvements Assessment | $317,892 |
| Land Assessment | $254,319 | Total Assessment | $572,211 |
