Land Available For Lease @ 1055 N Lake St

1055 N Lake St, Aurora, IL 60506

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Joel M.

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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). This space offers accomodations for: industrial.

Pricing: Negotiable

Availability: Now

Listing ID: 990416


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Type: Land

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