4.91 acre development parcel along the fox river
1055 N Lake St, Aurora, IL, Kane 60506
Development Land
M-1
Added:
2015-05-13
Updated:
2019-04-24
Active $427,759
Wooded 4.91 acre parcel between the Fox River and Lake St (IL Route 31) zoned M1 Light Industrial with potential for multi-family development with rezoning to R-5 consistent with the Comprehensive Plan for the City of Aurora. Easements across adjacent parcel allow for full access to and potential signage on Lake St. Adjacent uses include residential, retail/restaurant, and light industrial. 2016 Taxes: $15,043.80. Can be combined with adjacent 4,656 sf net leased restaurant on 1.72 acres priced at a portfolio price of $1,250,000 (5.03% CAP on in place income).
