10
See all 10 photos
$495,000
Est. payment /mo
4,200 SqFt
Active Under Contract
26 E Downer Place Aurora, IL 60505
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UPDATED:
01/16/2025 04:04 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $117
MLS Listing ID 12106726
Year Built 1900
Annual Tax Amount $2,391
Tax Year 2023
Lot Dimensions 22X120
Property Sub-Type Mixed Use
Property Description
Back on the Market - 100% Leased Opportunity to Purchase this historic two-story mix use building for investment at an attractive 9.15% Cap Rate or for future owner occupant. 1st floor retail includes the finished lower-level walk out retail space (totaling 2,800 sq/ft). Second Floor has one, 1 bedroom w/den apartment beautify renovated in 2007(1,400 sq/ft). Property is in the Center of Aurora's Stop Island - Downtown Historic District on emerging East and West Downer Street. Property is surrounded and close to new and established; Restaurants, Coffee Shops, Fitness Centers, Medical Practices, Art Galleries, Clothing Retailer, Design Studio, Holistic Health Care, Attorney Offices, Insurance Providers, Aurora City Hall and much much more! Contact Listing Agent no earlier than 48 hours to schedule showing by phone or by e-mail.
Location
State IL
County Kane
Zoning COMMR
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
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Listed by Athanasios Tsipas • Keller Williams Infinity