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$175,000
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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!
Full Property Details
Full Property Details for 550 W Galena Blvd
General
- Sold For: $175,000
- Taxes: $10,585 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12208290
- Added to Site: 462 day(s) ago
Rental Information
- Lease Terms: Month-to-Month
Interior
- Interior Features: Basement
- Fireplace: Yes
- Flooring: Carpet, Varies, Vinyl, Wood
Additional Information
- Security/Safety: Smoke or Fire Protectors, None, Carbon Monoxide Detector(s)
Location
- Area: Aurora / Eola
- County: Kane
- Driving Directions: Lake St( Route 31) East or West to Galena, west to Building!
- Location Details: East/West Corridor, Mixed-Use Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Hot Water
Structural Information
- Construction: Wood, Aluminum Siding
- Exterior Const.: Wood, Aluminum Siding
- Foundation: Block, Stone
- Roof: Composition
- Sub-Flooring: Carpet, Varies, Vinyl, Wood
- Stories/Levels: 2
- Square Feet: 3,019
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 14,256
- Lot Dimensions: 72 x 198
- Frontage: City Street
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Security Deposit: Smoke or Fire Protectors, None, Carbon Monoxide Detector(s)
- Assessment Year: 1900
- Tax Amount: $10,585.36
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 1521258004
Listed by Baird & Warner
Sold by United Real Estate - Chicago
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Schools
Schools serving 550 W Galena Blvd
School District:Aurora West Unit School District 129
| Name | Grades | Distance |
|---|---|---|
Greenman Elementary School 729 West Galena Boulevard, Aurora, IL 60506 | K-5 | 0.3 mi |
Washington Middle School, Aurora, IL 231 South Constitution Drive, Aurora, IL 60506 | 6-8 | 2 mi |
West Aurora High School 1201 West New York Street, Aurora, IL 60506 | 9-12 | 0.8 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 550 W Galena Blvd
Date
Details
Price
Change
Source
9/30/2025
Sold
$175,000
-27.05%
MLS
4/26/2025
Price Reduced
$239,900
-7.73%
MLS
3/14/2025
Price Reduced
$260,000
-13.3%
MLS
11/15/2024
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 W Galena Boulevard, Aurora, IL 60506 (MLS# 12208290) is a Commercial property that was sold at $175,000 on September 30, 2025. Want to learn more about 550 W Galena Boulevard? 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.

