4080 Fox Valley Center DrAurora, IL 60504

  • Banks
  • 2,529 SF
For Lease
$15/SF/YR View listing

Property Details for 4080 Fox Valley Center Dr

Year built
1977
Lot size
1.23 AC
Property size (Sq ft)
2,529 SF
Zone code
C
Property type
Banks
APN
07-21-302-003
APU
721302003

Description

This exceptional 2,561 square foot single-tenant office space is ideally situated at the Fox Valley Mall ring road, boasting a prominent location on busy New York Street. The property offers ample on-site parking, ensuring convenient access for clients and employees. The building itself is classified as Class B and features approximately 9-foot ceilings, providing a comfortable and functional workspace. The entire space is currently vacant, presenting a unique opportunity for immediate occupancy. The lot size encompasses 1.25 acres, providing significant potential for future expansion or outdoor amenities. The property is zoned for Business Commercial use, aligning perfectly with a wide range of business ventures. Its strategic location within the Mall submarket, specifically in a retail center cluster, ensures high visibility and foot traffic. The property's proximity to the Fox Valley Mall, currently undergoing redevelopment to include 500+ new apartments, promises increased future traffic and a thriving surrounding community. Annual property taxes are calculated at $7.55 per square foot. Utilities include electric service. Cross streets include Station Boulevard and New York Street, easily accessible from Fox Valley Mall Circle.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $671,262
    6.5%
    $619,627
    7%
    $575,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $647,015
    Geo Method
    $830,094
  • Alternative Use

    Use
    Valuation
    Residential
    $522,678
    Hospitality
    $478,770
    Educational
    $398,331
    Medical
    $412,031
    Retail
    $619,627

Location Insight

City
Aurora
County
Dupage
State
Illinois
Latitude
41.7608
Longitude
-88.2159
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,071
$145,810
$51,940
$197,750
-
$437,430
$155,820
$593,250

FAQs

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