Property for Sale: 550 W Galena, Aurora, IL 60506

$299,900
$299,900
550 W Galena, Aurora, IL 60506
$299,900
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Price:
$299,900

Type Commercial
Year Built 1900

City Aurora
County Kane

MLS 12208290
Status Active
New to the Market: Prime Mixed-Use Property in Aurora! Available for the first time in 25 years, this versatile 3,019 sq. ft. building offers an exceptional opportunity for both commercial and residential use. Located on a generous 72 x 198 ft. lot (14,256 sq. ft.), the property includes ample parking with a recently repaved and striped lot featuring 15 parking spaces and 1 designated handicap spot, all with convenient direct access from Galena Rd. Commercial Space (1st Floor) The first-floor commercial area spans 1,538 sq. ft. and includes: Reception area, 3 private offices, A large hall perfect for gatherings, meetings, or workspace, 2 storage areas located at the rear, Restroom and kitchenette. Modern finishes, including vinyl plank flooring, dropped ceilings, and fluorescent lighting. Additionally, a 1,509 sq. ft. basement is accessible from the rear of the building, offering abundant storage or potential additional workspace Residential Income Opportunity (2nd Floor) The upper-level apartment is accessed via the front entrance and features: 2 bedrooms, a spacious living room, Kitchen with dinette and large pantry, Full bath Spanning just under 1,500 sq. ft., this unit offers excellent rental income potential after a rehab. Additional Features, Maintenance-free aluminum siding, Illuminated business sign included. Prime location: 2 miles west of Downtown Aurora, near new restaurants, stores, Aurora University, Orchard Road shopping, and with easy access to I-88. This property is being sold "as-is" a fantastic opportunity for investors or business owners to create value in a desirable location. Don't miss this rare chance to own a property with both commercial and residential potential!

Lot & Building Features

Construction Wood Frame
Cooling Window Unit(s)
Tax Year 2023
Fireplaces 1
Lot Dimensions 72 X 198 ft

Price History of 550 Galena, Aurora, IL

Date Name Price Difference
12/31/1969 Listing Price $299,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Denise Amraen, ePRO
Direct: 708-237-7778
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Baird & Warner, Edward Hall
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20%
1%
6.75%
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550 Galena (MLS #12208290) is a commercial listing located in Aurora, IL. This property was listed on 11/15/2024 and has been priced for sale at $299,900.

Nearby zip codes are 60118, 60178, 60503, 60505 and 60507. This property neighbors other cities such as Dundee, Elburn, Montgomery, North Aurora and Sycamore.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Baird & Warner