7-11 N Elmwood Drive,Aurora, IL 60506
Aurora, IL 60506
Description
Prime Turnkey Restaurant & Multi-Unit Investment Property in Aurora Unlocking Value: 3,000+ SF Brick Building with Built-In Income Stream Position your business for massive success or supercharge your investment portfolio with this versatile commercial property. Located immediately north of the high-traffic corner of North Elmwood and West Galena Boulevard, this 3,000+ sq. ft. brick building offers unparalleled visibility on a major East/West Aurora traffic artery. Currently configured as a highly functional multi-unit setup, the property features a large primary space outfitted for a gourmet pizza business, a second unit currently leased to a popular ice cream shop, and an adjacent high-traffic taco business. Whether you want to launch a new concept, expand an existing brand, or collect steady rental checks, this property delivers immediate cash flow to offset your expenses while you scale. Turnkey Restaurant Ready: Includes the majority of the current kitchen equipment (with few exceptions). Massive Infrastructure Savings: Equipped with an existing grease trap (grease pit), saving you tens of thousands of dollars in build-out expenses. Built-In Customer Base: Situated just blocks from West Aurora High School and Aurora University. The high-density university area and surrounding residential neighborhood offer a reliable, built-in audience for delivery and takeout. Strong Local Economics: Located in a highly desirable neighborhood where residential homes command a median price of $345,000, ensuring strong local spending power. Ample Amenities: Features 11 dedicated off-street parking spaces, extensive dry storage, walk-in coolers, freezer/coolers, prep tables, oven, scullery sinks and an overhead door for deliveries. Buyer Incentives & Credits: The owner is offering a credit for the parking lot.
Details
| MLS # | 12708575 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 81 |
| Listing Provided By | Keller Williams Innovate | Ray Garcia |
Features
| SQ Feet | 3,072 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | COMMR |
Interior
| Cooling | Central Individual |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Separate Meters |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6912.62 |
Area Information
| State | IL |
|---|---|
| County | Kane |
| City | Aurora |
| Zip Code | 60506 |
| Area | Aurora | Eola |
| Listing VS Median (in 60506) | |
Price: $550,000 low | high Med: $335,000 sqft: 3,072 low | high Med: 832 $ / sqft: $179 low | high Med: $403 On site: 81 low | high Med: 27 | |
Market Activity 60506
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Learn More About This Property
| State | IL |
|---|---|
| County | Kane |
| City | Aurora |
| Zip Code | 60506 |
| Area | Aurora | Eola |
| Listing VS Median (in 60506) | |
Price: $550,000 low | high Med: $335,000 sqft: 3,072 low | high Med: 832 $ / sqft: $179 low | high Med: $403 On site: 81 low | high Med: 27 | |
