1313 N Lake St | Aurora, IL 60506
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1313 N Lake St
Aurora, IL 60506
Gerber Collison & Glass · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Leased to Gerber Collision: 900+ Locations in the U.S. Second largest Multi-Shop Operator (MSO) in the Collision Industry
- Market Dominance: Gerber has been at this location for 20 Years with direct frontage on Illinois Route 31 (N Lake Street) with 22,000 Daily Traffic
- Tenant Commitment to Location: Gerber amended original lease by adding four (4) additional five (5) year extensions through 12/31/45 - 10% Rent Bump
- Strong Demographics: Aurora is approximately 20 Miles West of Downtown Chicago and considered one of the best places to live in Illinois
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,234 SF
Building Class
C
Year Built/Renovated
1986/2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.17 AC
Zoning
B2, Aurora - Business District
Parking
34 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
96’ on N Lake St
PROPERTY TAXES
| Parcel Number | 15-10-352-007 | Improvements Assessment | $268,701 |
| Land Assessment | $135,139 | Total Assessment | $403,840 |
PROPERTY TAXES
Parcel Number
15-10-352-007
Land Assessment
$135,139
Improvements Assessment
$268,701
Total Assessment
$403,840
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