For Sale
$7,405,000

1801 Oak St North Aurora, IL 60542

65-85 acres, multifamily potential. Excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 65-85 acre land parcel presents a remarkable opportunity for multifamily residential development in the desirable North Aurora, Illinois market. Located at 1801 Oak St, North Aurora, IL 60542, this property boasts a strategic location with two signaled intersections, ensuring high visibility and accessibility. Significant roadway improvement plans are underway, further enhancing the site's appeal and potential for increased traffic flow. The land is priced competitively at $2 per square foot, representing a compelling value proposition for developers. The property is situated within the highly-regarded West Aurora School District, a key factor for attracting families and renters. Concept plans are available for review, providing a solid foundation for immediate project initiation. This expansive acreage offers significant potential for a substantial multifamily development, capitalizing on the strong demand for housing in this thriving community. The property's size and location make it an ideal candidate for a large-scale project, promising significant returns on investment. Kane County location provides easy access to major roadways and amenities.

Highlights

  • Two signaled intersections & planned roadway improvements enhance visibility and accessibility.
  • Located in the desirable West Aurora School District.
  • Concept plans available for immediate project initiation.
  • 65-85 acres available for multifamily development at $2 per square foot.

Property Details for 1801 Oak St

Property type
Land
Lot Size (sq. ft)
2,831,400 SF

Location Insight

City
North Aurora
County
Kane
State
Illinois
Latitude
41.8081578
Longitude
-88.368246

FAQs

What type of property is this?
Land - 65-85 acres, multifamily potential. Excellent location.
Where is the land located?
The property is located at 1801 Oak St North Aurora, IL.
What is the asking price?
The asking price for this property is $7,405,000.
What are key features of this property?
This property features: Two signaled intersections & planned roadway improvements enhance visibility and accessibility.; Located in the desirable West Aurora School District.; Concept plans available for immediate project initiation.
How can I contact the broker?
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1801 Oak St
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