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Investment Highlights

  • Two parcels with mixed zoning: R-5 and B-B, offering development flexibility.
  • Utilities available to the site for streamlined development.
  • Surrounded by established retail, residential neighborhoods, and community amenities.
  • Over 400 feet of frontage along East New York Street with high traffic exposure.
  • Located 2.5 miles south of Interstate 88, providing strong regional access.

Executive Summary

This 10.82-acre land offering on East New York Street in Aurora, Illinois, presents a significant development opportunity in a growing suburban market. The property consists of two parcels, one zoned R-5 and the other B-B, providing flexibility for a range of uses including multi-family development. With over 400 feet of frontage along East New York Street, the site benefits from strong visibility and a high traffic count, making it well-positioned for future growth.
Located approximately 2.5 miles south of Interstate 88, the property offers convenient regional connectivity and access to major employment centers. Surrounding amenities include retail, dining, and service businesses, contributing to a vibrant and established community environment. Utilities are available to the site, reducing development lead time and costs.
Aurora is one of Illinois’ largest cities, with a robust population base and strong household incomes, as reflected in the area’s demographics. Within a five-mile radius, the population exceeds 258,000, with average household incomes above $124,000, supporting demand for residential and mixed-use projects. This property represents a rare opportunity to secure a sizable tract in a high-demand corridor with excellent long-term potential.

Property Facts

Price $1,395,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 10.82 AC
Zoning R-5 and B-B - Residential Multi-Unit District and Business

1 Lot Available

Lot

Price $1,395,000
Price Per AC $128,927.91
Lot Size 10.82 AC

10.82 Acres of Land for Sale on E New York St in Aurora, IL. Parcel # 15-24-251-026: 7.25 Acres, Zoned: R-5 Parcel # 15-24-403-015: 3.57 Acres, Zoned: B-B

Description

Located approximately 2.5 miles south of Interstate 88, the property offers convenient regional connectivity and access to major employment centers. Surrounding amenities include retail, dining, and service businesses, contributing to a vibrant and established community environment. Utilities are available to the site, reducing development lead time and costs.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
15-24-403-015
Land Assessment
$324
Improvements Assessment
$0
Total Assessment
$324
  • Listing ID: 39936865

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: E New York St, Aurora, IL 60502

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