550 West Galena Boulevard

Aurora, IL 60506

$299,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!
  1. Listed by Edward Hall • Baird & Warner

Property Details for 550 West Galena Boulevard

Area
Aurora / Eola
Township
Aurora
Num of Interior Fireplaces
1
Zoning
COMMR
LISTING UPDATED: 11/21/2024 12:06 AM

Property Details for 550 West Galena Boulevard

StatusActive
MLS #12208290
Days on Market39
Taxes$10,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.33 AC / 14,256 SF
CountyKane County

Building Information for 550 West Galena Boulevard

Stories2Residences2Year Built1900Lot Size0.33 AC / 14,256 SF

Property Information for 550 West Galena Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: East/West Corridor
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Flooring: Carpet, Varies, Vinyl, Wood
  • # Of Washers: 0
  • Heat/Ventilation: Gas,Hot Water
  • # Of Window/Ac: 0
  • # Of Refrigerators: 1
  • Washer/Dryer Lsd: No
  • Misc Inside: Basement
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Enclosed Porch,Enclosed Stairs
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 72 X 198
  • Lot Size Square Feet: 14256.0
  • Stories: 2
  • Exterior Building Type: Aluminum Siding
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors,None,Carbon Monoxide Detector(s)
  • Roof Structure: Gable
  • Foundation Details: Block, Stone
  • Building Area Total: 3019
  • # Of Offices: 1
  • # Of Ranges: 1
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Buyer Financing: Conventional
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 28
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $22,800.00
  • Gross Scheduled Income: $22,900.00
  • Insurance Expense: $.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 1900
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 550 West Galena Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 550 West Galena Boulevard

Taxable ValueLand$34,560Additions$89,023Total$123,583
Tax Record2023$10,585 ($882 / month)
Home Facts
Total Finished SqFt3,019 SqFtAbove Grade Finished SqFt3,019 SqFtStories2Lot Size14,256 SqFtStyleMiscellaneous CommercialYear Built1900CountyKANEAPN15-21-258-004

Schools near 550 West Galena Boulevard

This home is within Aurora West Community Unit School District 129.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Greenman Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

West Aurora High School
Public9 to 12

Hope D Wall Tmh Child Development Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

550 West Galena Boulevard is a mixed use property for sale in Aurora, IL 60506. This property was listed for sale on November 15, 2024 by Baird & Warner, it's currently listed at $299,900. This listing's school district is Aurora West Community Unit School District 129. Nearby schools include Greenman Elementary School, Washington Middle School and West Aurora High School. 550 West Galena Boulevard is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/21/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.