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Executive Summary

This 1.42-acre commercial lot offers a valuable development opportunity in North Aurora with direct access to I-88 and strong exposure along Route 31. The property benefits from 118 feet of frontage on Lincolnway Street (Route 31) and is situated within a high-traffic corridor with approximately 21,100 vehicles passing daily. Additionally, visibility from I-88 ensures brand prominence, with 86,200 VPD traveling this major thoroughfare.
Designed for flexible commercial uses, the lot is zoned B-3 (Central Business), making it well-suited for retail, office, or service-oriented development. All utilities are available at the site, and its inclusion in the Route 31/Lincoln Highway TIF District enhances potential for financial incentives, bolstering the project’s long-term feasibility.
Surrounded by a robust mix of national retailers, dining, and local businesses, the property also lies within a thriving trade area that includes strong demographic support. Within a five-mile radius, over 191,000 residents and nearly 66,000 households generate significant consumer demand. This development site offers a rare opportunity to establish a presence in a highly accessible and growing commercial corridor.

Property Facts

Price $264,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Drugstore
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 1.42 AC
Zoning B-3 - Central Business

1 Lot Available

Lot

Price $264,900
Price Per AC $186,549.30
Lot Size 1.42 AC

The property benefits from 118 feet of frontage on Lincolnway Street (Route 31) and is situated within a high-traffic corridor with approximately 21,100 vehicles passing daily.

Description

The property is situated in North Aurora, Illinois, with direct access to Interstate 88 and frontage along South Lincolnway (Route 31). The site lies adjacent to Fox River and is located near Sullivan Road and East Sullivan Road. It is positioned within a commercial corridor that includes automotive service, quick-serve restaurants, and retail concepts. The area has local connectivity to Orchard Road and Route 56, and regional connectivity via I-88 leading toward Naperville and Aurora.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100

Property Taxes

Property Taxes

Parcel Number
15-09-226-005
Land Assessment
$21,500
Improvements Assessment
$0
Total Assessment
$21,500
  • Listing ID: 40148236

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 307 S Lincolnway St, North Aurora, IL 60542

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