Aurora, IL
Commercial Real Estate Market Trends & Data

Aurora's Demographic Profile

Aurora has 57,654 households and a median income of $84,339, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 172,846
# Households 57,654
Median age 36
Median household income $84,339
Avg household size 3.0
Renter-occupied housing units 20,432
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Aurora, IL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Aurora $335 11,457 SF 7.42%
Montgomery $192 6,000 SF 6.96%
Oswego $400 12,555 SF 6.96%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Aurora $388 29,683 SF 5.60%
North Aurora $122 65,877 SF 5.60%
Nearby Retail Markets Avg Cost/SF Typical Size
Aurora $328 15,130 SF
Montgomery $186 10,756 SF
North Aurora $162 23,391 SF
Batavia $208 35,685 SF
Oswego $449 11,549 SF

Commercial Properties For Sale in Aurora

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Randall Liquors Portfolio

Aurora, IL

  • Retail Building
  • $5,999,000
For Sale

Neuqua Professional Building

Naperville, IL 60564

  • 48,000 SF Office Building
  • $1,575,000
For Sale

241 Oswald Ave

Batavia, IL 60510

  • 5,628 SF Flex Building
  • $700,000
For Sale

Multi-Tenant Flex Building

Naperville, IL 60563

  • 21,163 SF Office Building
  • 7.42% Cap Rate
  • $3,750,000
For Sale

New 15-Year Chipotle

Montgomery, IL 60538

  • 2,350 SF Retail Building
  • 5.15% Cap Rate
  • $3,742,000
For Sale

932 E Benton St

Aurora, IL 60505

  • 32,932 SF Industrial Building
  • $1,600,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Aurora pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Aurora $573 17,828 SF
Montgomery $1,482 7,737 SF
North Aurora $245 41,345 SF
Batavia $222 574,218 SF
Oswego $1,606 9,653 SF

Regional Demographic Comparison

This comparison places Aurora alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Aurora or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Aurora 172,846 57,654 36 $84,339 3 20,432 -1%
Montgomery 21,075 6,789 35 $95,799 3 1,374 5%
Oswego 36,669 12,276 38 $102,782 3 2,023 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Aurora, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Aurora

View All Commercial Real Estate For Sale in Aurora
Is Aurora a good market for a first-time commercial real estate investor?

Aurora offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Aurora?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Aurora. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Aurora?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Aurora. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Aurora compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Aurora. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Aurora acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Aurora, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.