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2555 E New York St - E. New York St & Vaughn Rd – Aurora Land 5.34 Acres of Residential Land Offered at $1,650,000 in Aurora, IL 60502
Investment Highlights
- ±5.34-acre assemblage of six contiguous parcels
- Residential and commercial zoning within a single infill site
- Established residential surroundings
- Seller financing or structured deal terms may be available
- Commercial frontage along E. New York Street (Route 38)
Executive Summary
The residential parcels are zoned R-1 (S), intended for single-family detached residential use. The commercial frontage is zoned B-2 (S), allowing for neighborhood-serving retail or service uses subject to City approvals. Former residential improvements have been demolished, offering a clean slate for redevelopment within an established neighborhood corridor.
This site is well-suited for single-family residential development with long-term commercial upside, or for investors seeking infill land with diversified zoning exposure.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,650,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 5.34 AC |
| Price | $1,650,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.34 AC |
1 Lot Available
Lot
| Price | $1,650,000 | Lot Size | 5.34 AC |
| Price Per AC | $308,988.76 |
| Price | $1,650,000 |
| Price Per AC | $308,988.76 |
| Lot Size | 5.34 AC |
6 lots combined for a total of 5.34 continuous acreage. The property is located along E. New York St, a major east-west arterial serving Aurora and surrounding communities. The area is characterized by established residential neighborhoods, retail.
Description
Offered for sale is a ±5.34-acre infill land assemblage located at the intersection of E. New York Street and Vaughn Road in Aurora, Illinois. The property consists of six contiguous parcels featuring a clear divide between residentially zoned land and commercially zoned frontage, providing flexibility for phased or segmented development. The residential parcels are zoned R-1 (S), intended for single-family detached residential use. The commercial frontage is zoned B-2 (S), allowing for neighborhood-serving retail or service uses subject to City approvals. Former residential improvements have been demolished, offering a clean slate for redevelopment within an established neighborhood corridor. This site is well-suited for single-family residential development with long-term commercial upside, or for investors seeking infill land with diversified zoning exposure.
Property Taxes
| Parcel Numbers | Total Assessment | $179,812 | |
| Land Assessment | $179,812 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2024 Payable 2025 |
Property Taxes
Presented by
2555 E New York St - E. New York St & Vaughn Rd – Aurora Land
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