Doug Himmelman
- Buy
- Sell
Description
Rare opportunity to acquire a versatile office-zoned (O) commercial property in the historic Tanner District of Aurora. Situated on a highly visible stretch of Lake Street (Route 31), this unique offering includes two parcels, providing additional land value and flexibility for a variety of permitted and potential office-related uses (buyer to verify with City of Aurora). The property features a two-story building with approximately 2,122 square feet, offering a flexible interior layout that can be reconfigured to suit professional office, business services, or investment purposes. Zoned Office (O), the property supports a range of professional and administrative uses in accordance with Aurora zoning guidelines, with potential for adaptive reuse subject to city approval. A standout feature is the rear lot, which includes a detached 2-car garage along with existing paved off-street parking-an increasingly rare amenity in this area. The additional parcel presents opportunities for expanded parking, outdoor use, or future development potential in compliance with local zoning. Additional highlights include a partial basement, updated mechanicals including furnace and water heater, and central air for year-round comfort. The property is currently vacant, allowing for immediate occupancy or repositioning. Ideally located near downtown Aurora, the Fox River, and major transportation routes including I-88, this property offers strong visibility, accessibility, and long-term upside for investors or owner-users.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900
General Information
County: Kane
Listed By:
Century 21 TK Realty
630-543-7000
MRED MLS
MLS ID: 12606770
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442 N Lake Street N, Aurora, IL 60506.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $710,000 | $710,000 | $710,000 |
| Down Payment | $142,000 | $24,850 | $177,500 |
| Monthly Mortgage Amount | $3,405 | $4,180 | $4,351 |
| Taxes | $988 | $988 | $988 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $312 | $0 |
| Monthly Estimated Total | $4,600 | $5,687 | $5,546 |
About this area
Find homes for sale in Aurora, Iowa and learn about the local community and real estate market.
Aurora has a rich history that extends back centuries and is steeped in heritage. It was initially founded as a settlement by pioneers looking for a place to thrive in the Midwest. Officially incorporated in 1889, as time passed, the city’s small-town identity and atmosphere thrives, although the population is under 200. Rich in farming, historic sites and monuments, and a plethora of recreational activities, Aurora is conveniently located near larger cities for modern amenities.
Aurora City Park is a popular amenity for locals and nearby residents alike, where you can enjoy the trail, playgrounds, pavilions for gatherings, and a truck and tractor pull track. Looking to expand their outdoor activities, locals can take a short car ride to the 2,000 acre Backbone State Park where boating, fishing, hiking, and rock climbing are popular pastimes. And, of course, this close-knit community is no stranger to annual events. From the fireworks show in July to the Fall Vendor and Craft Show, there is something for all to relish throughout the seasons. Community members can also join local clubs that host social gatherings, fundraisers, and other events, such as the American Legion, the community fitness center, and the volunteer fire department.
Neighborhoods are much like what you would imagine from many years ago – farms tucked away amid green pastures, tree-lined country roads, and a few pockets of neighborhoods with tree-lined streets where everyone knows your name and welcomes you.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
Doug Himmelman
REALTOR®
Office: (563) 441-5086
Cell: (563) 271-1325
Corporate Office
5704 Utica Ridge Road
Davenport, IA 52807
(563) 441-5200
Davenport, IA 52807
(563) 441-5200
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