This Industrial Property is no longer advertised on LoopNet.com.

631 W Park Ave
Aurora, IL 60506
 Chicago MSA Industrial Complex · Industrial Property For Sale

Industrial Properties Illinois Aurora 631 W Park Ave, Aurora, IL 60506

Investment Highlights

  • Offered at a 10.91% Cap | Low Price Per SF of Just $24.87 (Well Below Replacement Value)
  • Value-Add Opportunity – Investors Have the Ability to Achieve a Pro Forma Cap Rate of 15.28% by Leasing Up Vacancies and Renewing Existing MTM Leases
  • Below Market Rents – Low Average Rent/SF of Just $3.30/SF MG | Pro Forma Cash on Cash Return of Over 25%
  • Please see OM for additional highlgihts

Property Facts

Property Type Industrial No. Stories 1
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
 Year Built 1950
Building Class C Clear Ceiling Height 14’
Lot Size 17.34 AC No. Dock-High Doors/Loading 14
Rentable Building Area 341,810 SF No. Drive In / Grade-Level Doors 18
Zoning M-2 - Manufacturing
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 17.34 AC
Rentable Building Area 341,810 SF
No. Stories 1
Year Built 1950
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 14
No. Drive In / Grade-Level Doors 18
Zoning M-2 - Manufacturing

Utilities

  • Gas
  • Water - City
  • Sewer - City
  • Heating - Gas

Links

Property Taxes

Parcel Numbers
Multiple
  • 15-16-378-006
  • 15-21-126-009
 Improvements Assessment $246,277
Land Assessment $943,571 Total Assessment $1,189,848

Property Taxes

Parcel Numbers
Multiple
  • 15-16-378-006
  • 15-21-126-009
Land Assessment
$943,571
Improvements Assessment
$246,277
Total Assessment
$1,189,848
 

  • Listing ID: 29512313

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 631 W Park Ave, Aurora, IL 60506

More public record information on 631 W Park Ave, Aurora, IL 60506

The Blackhawk Industrial Property at 631 W Park Ave, Aurora, IL 60506 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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