31 W New York Street, Aurora, IL 60506 - Photo 1

1/1

$825,000

Sold
Closed
Commercial
5,292 Sq. Ft.

1/1

Property Description

Here lies the investment opportunity of a lifetime! Imagine owning a piece of historic downtown Aurora! Solid brick and gorgeous!~Turnkey investment property has a ground level restaurant, lower-level piano bar and 3 apartments above with FULL occupancy! The restaurant is stunning having gone through a total renovation with bar, built-in pizza oven, plenty of seating, 2 rest rooms and beautiful stainless-steel kitchen! The piano bar has another bar, stylish seating options, 2 more rest rooms and the large walk-in freezer and mechanicals are located down here. 3 big apartments feel like city lofts with their high ceilings, light filled rooms with large windows, nice size kitchens, 1 big bedroom and bath each. There is abundant public parking nearby for everyone. This is an amazing opportunity don't let it pass you by!

Full Property Details

Full Property Details for 31 W New York St

General

Sold For: $825,000
Taxes: $15,694 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12156962
Added to Site: 490 day(s) ago

Additional Information

Security/Safety: Sprinklers, Carbon Monoxide Detector(s)

Location

Area: Aurora / Eola
County: Kane
Driving Directions: From Lake St, go east on galena, left on Broadway, left on W New York St.
Location Details: Far West, Central Business District, High Traffic Area

Heating & Cooling

Cooling Type: Central Air Conditioning, Window Unit(s)
Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Utilities

Onsite: Electricity Available, Natural Gas Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 2
Square Feet: 5,292
Current Bldg. Use: Commercial
# of Stores: 2
Year Built: 1904
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 3
Units w/Range/Oven: 3

Lot Features

Lot Size (Sq. Ft.): 2,178
Lot Dimensions: 48.17 x 54 x 48.21 x 54
Frontage: City Street
Zoning: COMMR

Financial Considerations

Operating Expenses: $29,665
Security Deposit: Sprinklers, Carbon Monoxide Detector(s)
Assessment Year: 1904
Tax Amount: $15,694.4
Tax Year: 2023
Tenant Pays: Electricity, Heat, Varies by Tenant

Disclosures and Reports

Property ID: 1522326009

Listed by Kettley & Co. Inc. - Aurora
Sold by Realty of America, LLC

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— 31 W New York St —

Kettley & Co. Inc. - Aurora

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Schools

Schools serving 31 W New York St

School District:Aurora West Unit School District 129

Name	Grades	Distance
Smith Elementary School, Aurora, IL 1332 Robinwood Drive, Aurora, IL 60506	K-5	2 mi
Jewel Middle School 1501 Waterford Road, North Aurora, IL 60542	6-8	4.3 mi
West Aurora High School 1201 West New York Street, Aurora, IL 60506	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31 W New York St

Date

Details

Price

Change

Source

9/25/2025

Sold

$825,000

-8.23%

MLS

4/11/2025

Price Reduced

$899,000

-5.37%

MLS

9/13/2024

Listed

$950,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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31 W New York Street, Aurora, IL 60506 (MLS# 12156962) is a Commercial property that was sold at $825,000 on September 25, 2025. Want to learn more about 31 W New York Street? Do you have questions about finding other Commercial real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

31 W New York St Aurora, IL 60506