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26 E Downer Pl 4,200 SF 100% Leased Retail Building Aurora, IL 60505 $449,000 ($106.90/SF)
Investment Highlights
- Historic two-story mixed-use building located in the heart of Aurora’s Downtown Historic District on vibrant East and West Downer Street.
- Upper level includes a renovated one-bedroom apartment with a den, completed in 2007, encompassing approximately 1,400 square feet.
- Immediate proximity to Aurora City Hall and numerous established businesses that foster strong foot traffic and community engagement.
- Ground floor features a walk-out retail space with a finished lower level, offering approximately 2,800 square feet of usable area.
- Surrounded by a dynamic mix of restaurants, coffee shops, art galleries, fitness centers, medical practices, and professional service providers.
- Positioned in a growing historic district with strong redevelopment activity, providing long-term potential for both commercial and residential uses.
Executive Summary
Fantastic Opportunity Back One The Market in "AS-IS" Condition to Purchase this historic two-story mix use building - 1st floor which includes the finished lower-level walk out retail space (totaling 2,800 sq/ft). Second Floor has one, 1 bedroom w/den apartment beautify renovated in 2007(1,400 sq/ft). Property is in the Center of Aurora's Stop Island - Downtown Historic District on emerging East and West Downer Street. Property is surrounded and close to new and established; Restaurants, Coffee Shops, Fitness Centers, Medical Practices, Art Galleries, Clothing Retailer, Design Studio, Holistic Health Care, Attorney Offices, Insurance Providers, Aurora City Hall and much much more! Evidence of Buyer's Proof of Funds and/or Financial Qualifications To Purchase Required Prior To Showing Approval. Contact Listing Agent no earlier than 48 hours to schedule showing by phone or by e-mail.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1900
Price
$449,000
Price Per SF
$106.90
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.93
Lot Size
0.05 AC
Zoning
Downtown Core - Downtown core
Parking
1 Spaces (0.24 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-22-334-011 | Improvements Assessment | $21,924 |
| Land Assessment | $9,661 | Total Assessment | $31,585 |
Property Taxes
Parcel Number
15-22-334-011
Land Assessment
$9,661
Improvements Assessment
$21,924
Total Assessment
$31,585
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26 E Downer Pl
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