550 W Galena Boulevard, Aurora, Illinois 60506
- $175,000
- Sold Price
- $175,000
- List Price
- $239,900
- Closing Date
- Sep 30, 2025
- MLS#
- 12208290
- Status
- CLOSED
- Type
- Commercial
- Subtype
- Commercial Sale
- County
- Kane
- City
- Aurora
- Gross Rental Income
- 22800
- Neighborhood
- Aurora / Eola
- Days On Market
- 201
Property 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 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!
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Additional Information
- Tax Year
- 2023
- Tax Amount
- $10,585
- Year Built
- 1900
- Lot Dimensions
- 72 X 198
- Air Conditioning
- Window Unit(s)
- Interior Fireplaces
- 1
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