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15 S Lake Street, Aurora, IL 60506
$2,600,000
15 S Lake Street, Aurora, IL 60506View this property at 15 S Lake Street, Aurora, IL 60506
15 S Lake StreetAuroraIL60506
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Property Description
WOW! 49 YEAR ESTABLISHED, FURNITURE/APPLIANCE BUSINESS AND 2 BUILDINGS FOR SALE. This is a 2 building package: the retail store of 10,140 SF and a warehouse of 22,160 SF for a total of 32,300 SF of real estate. Discover a rare investment opportunity in this iconic building with a rich history and a thriving retail business. Immerse yourself in the legacy of a 4th generation, family-owned, and locally-operated enterprise that has been a beloved part of the community since 1963. This unique offering includes a well-established retail business that has stood the test of time, capturing the hearts of locals for decades. Situated in a terrific, highly visible location, the building not only houses a successful retail but offers a warehouse at a separate location with the package. As an opportunity-seeking investor, you have the chance to be part of a longstanding tradition while tapping into the potential for growth and innovation. Here is a chance to invest in more than just buildings - become a custodian of a cherished community institution with a promising future.
Full Property Details
Full Property Details for 15 S Lake St
General
- Price: $2,600,000
- Taxes: $28,449 (2022)
- Status: Active
- Type: Business
- MLS ID: 11972095
- Updated: 2/9/2024
- Added to Site: 87 day(s) ago
Business
- Business Type: Retail
- Years in Business: 11 or More
Location
- Area: Aurora / Eola
- County: Kane
- Driving Directions: Northeast corner of Galena and Lake St
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 10,140
Lot Features
- Lot Size (Sq. Ft.): 18,506
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 132 x 139
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $28,449
- Tax Year: 2022
- Tenant Pays: Janitorial Service, Taxes, Insurance, Repairs, Roof
Disclosures and Reports
- Property ID: 1522303015
Listed by RE/MAX Suburban
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Schools
Schools serving 15 S Lake St
School District:Aurora West Unit School District 129
Rating | Name | Grades | Distance |
---|---|---|---|
729 W Galena Blvd, Aurora, IL 60506 | K-5 | 0.8 mi | |
231 S Constitution Dr, Aurora, IL 60506 | 6-8 | 2.5 mi | |
1201 W New York St, Aurora, IL 60506 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 S Lake St
Date
Details
Price
Change
Source
2/03/2024
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 S Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$22,906
4%
$231,176
7%
2021
$21,946
—
$215,228
8%
2021
$21,946
9%
$199,914
8%
2019
$20,090
12%
$185,226
17%
2017
$17,946
1%
$157,866
4%
2016
$17,754
-4%
$151,634
3%
2015
$18,428
-3%
$147,932
-14%
2018
$18,938
7%
$171,331
25%
2014
$17,623
4%
$136,791
1%
2013
$16,982
—
$135,592
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 S Lake St
15 S Lake Street, Aurora, IL 60506 (MLS# 11972095) is a Business property. 15 S Lake Street is currently listed for $2,600,000 and was received on February 03, 2024. Want to learn more about 15 S Lake Street? Do you have questions about finding other Business real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.