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7-11 N Elmwood Drive N, Aurora, IL 60506

$550,000
  • 7-11 N Elmwood Drive N, Aurora, IL 60506 Main Photo

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New to the Market New
SQUARE FEET3,072 MLS#12708575
STATUSNew PROPERTY TYPECommercial - Retail

Property Description

Prime Turnkey Restaurant & Multi-Unit Investment Property in Aurora Unlocking Value: 3,000+ SF Brick Building with Built-In Income Stream Position your business for massive success or supercharge your investment portfolio with this versatile commercial property. Located immediately north of the high-traffic corner of North Elmwood and West Galena Boulevard, this 3,000+ sq. ft. brick building offers unparalleled visibility on a major East/West Aurora traffic artery. Currently configured as a highly functional multi-unit setup, the property features a large primary space outfitted for a gourmet pizza business, a second unit currently leased to a popular ice cream shop, and an adjacent high-traffic taco business. Whether you want to launch a new concept, expand an existing brand, or collect steady rental checks, this property delivers immediate cash flow to offset your expenses while you scale. Turnkey Restaurant Ready: Includes the majority of the current kitchen equipment (with few exceptions). Massive Infrastructure Savings: Equipped with an existing grease trap (grease pit), saving you tens of thousands of dollars in build-out expenses. Built-In Customer Base: Situated just blocks from West Aurora High School and Aurora University. The high-density university area and surrounding residential neighborhood offer a reliable, built-in audience for delivery and takeout. Strong Local Economics: Located in a highly desirable neighborhood where residential homes command a median price of $345,000, ensuring strong local spending power. Ample Amenities: Features 11 dedicated off-street parking spaces, extensive dry storage, walk-in coolers, freezer/coolers, prep tables, oven, scullery sinks and an overhead door for deliveries. Buyer Incentives & Credits: The owner is offering a generous credit (can be held in escrow) to cover both parking lot improvements and roof attention, allowing you to customize repairs to your standards post-closing.

7-11 N Elmwood Drive N | MLS# 12708575

This commercial property located at 7-11 N Elmwood Drive N, Aurora, IL 60506 is currently listed for sale with an asking price of $550,000. Search Aurora real estate on www.mycrr.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $6,912
Year Built: 1964

Feature Descriptions

Current Use: Commercial
Electric: Separate Meters
Exterior: Brick
Fire Protection: Other
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 110X56
Miscellaneous Indoor: Accessible Washroom/s, Multi-Tenant, Overhead Door/s, Storage Inside
Number of Tenant(s): 1
Parcel#: 1521151013
Tenant Pays: Varies by Tenant
Units: 2

Listed By / Shown By

Listed By

Agency Name: Keller Williams Innovate
Agency Phone: 630-423-8223

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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