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$710,000
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Property Description
Rare opportunity to acquire a versatile office-zoned (O) commercial property in the historic Tanner District of Aurora. Situated on a highly visible stretch of Lake Street (Route 31), this unique offering includes two parcels, providing additional land value and flexibility for a variety of permitted and potential office-related uses (buyer to verify with City of Aurora). The property features a two-story building with approximately 2,122 square feet, offering a flexible interior layout that can be reconfigured to suit professional office, business services, or investment purposes. Zoned Office (O), the property supports a range of professional and administrative uses in accordance with Aurora zoning guidelines, with potential for adaptive reuse subject to city approval. A standout feature is the rear lot, which includes a detached 2-car garage along with existing paved off-street parking-an increasingly rare amenity in this area. The additional parcel presents opportunities for expanded parking, outdoor use, or future development potential in compliance with local zoning. Additional highlights include a partial basement, updated mechanicals including furnace and water heater, and central air for year-round comfort. The property is currently vacant, allowing for immediate occupancy or repositioning. Ideally located near downtown Aurora, the Fox River, and major transportation routes including I-88, this property offers strong visibility, accessibility, and long-term upside for investors or owner-users.
Full Property Details
Full Property Details for 442 N Lake Street N
General
- Price: $710,000
- Taxes: $4,764 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12606770
- Updated: 5/5/2026
- Added to Site: 107 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: I-88 to Lake St. (Route 31) north to property. Located on west side of Lake St.
- Location Details: Far West, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Wood, Vinyl Siding
- Exterior Const.: Wood, Vinyl Siding
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 2,122
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 11,880
- Lot Dimensions: 60 x 120
- Frontage: City Street
- Drainage: Storm Sewers
- Zoning: COMMR
Financial Considerations
- Lease Price: $18
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1900
- Tax Amount: $4,764.76
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1522127039
Listed by Century 21 TK Realty
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Schools
Schools serving 442 N Lake Street N
School District:Aurora West Unit School District 129
| Name | Grades | Distance |
|---|---|---|
Greenman Elementary School 729 West Galena Boulevard, Aurora, IL 60506 | K-5 | 1.1 mi |
Washington Middle School, Aurora, IL 231 South Constitution Drive, Aurora, IL 60506 | 6-8 | 2.8 mi |
West Aurora High School 1201 West New York Street, Aurora, IL 60506 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 442 N Lake Street N
Date
Details
Price
Change
Source
4/01/2026
Listed
$710,000
—
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 442 N Lake Street N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,081
3%
$51,544
12%
2023
$3,945
6%
$46,054
10%
2022
$3,720
4%
$42,020
7%
2021
$3,574
—
$39,121
3%
2021
$3,574
4%
$37,819
8%
2019
$3,426
17%
$35,040
24%
2017
$2,917
-1%
$28,343
3%
2016
$2,952
6%
$27,501
13%
2015
$2,790
-3%
$24,312
—
2014
$2,885
-11%
$24,243
-26%
2018
$3,249
18%
$32,541
36%
2013
$2,758
—
$23,898
—
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 442 N Lake Street N
442 N Lake Street N, Aurora, IL 60506 (MLS# 12606770) is a Commercial property. 442 N Lake Street N is currently listed for $710,000 and was received on April 01, 2026. Want to learn more about 442 N Lake Street N? 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.

