218- 220 S Lake Street, Aurora, IL

$350,000

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About 218- 220 S Lake Street

Prime Two Parcel Commercial Opportunity with Unbeatable Parking-Near Downtown Aurora! EXCEPTIONAL VERSTILITY-LIVE/WORK or PURE INVESTMENT WITH 14 DEDICATED PARKING SPACES. This is an incredibly rare oportunity for a business owner or investor seeking a high visibility location with an abundance of private parking. Situated just one block south of the Aurora Library and the thriving downtown distrcit, this well-maintained property offers two distinct parcels with endless potential. PROPERTY HIGHLIGHTS: INCOME-GENERATING 2 UNIT STRUCTURE *1ST FLOOR RETAIL CURRENTLY OPERATING AS A HAIR SALON. THIS VERSATILE SPACE CAN EASILY BE CUSTOMIZED OR BUILT OUT TO MATCH YOUR NEEDS OR VISION. *MASSIVE 14 SPACE PARKING LOT WHEN YOU ADD THE ADDITIONAL SPACES INCLUDED IN THE ADJACENT PARCEL TO THE SOUTH. *A FINISHED WALKOUT BASEMENT PROVIDES EXPANSIVE SECURE SPACE FOR INVENTORY, EQUIPMENT OR YOUR SPECIFIC BUSINESS STORAGE. *UNBEATABLE VALUE PRICED COMPETIVELY FOR A QUICK SALE, OFFERING INCREDIBLE EQUITY POTENTIAL IN A CITY WHERE THE MEDIAN SALES PRICE IS APPROXIMATELY $350,000. *LIVE UPSTAIRS AND RUN YOUR BUSINESS BELOW OR LEASE BOTH UNITS FOR AN INVESTMENT INCOME STREAM. TAKE ADVANTAGE OF AURORA'S DOWNTOWN RESURGENCE AND THRIVING DOWNTOWN DISTRICT. *PROPERTY HAS BEEN WELL MAINTAINED. BUYER TO CONDUCT DUE DILIGENCE REGARDING PROPERTY CONDITION, ZONING AND MUNICIPAL REGULATORY REQUIREMENTS.

Features of 218- 220 S Lake Street

MLS® # 12708298
Price $350,000
Bathrooms 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 218- 220 S Lake Street
Area Aurora / Eola
City Aurora
County Kane
State IL
Zip Code 60506

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Wood, Cedar
Foundation Concrete Perimeter

Additional Information

Days on Market 7
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Innovate

Listing Map

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