7-11 N Elmwood Drive, Aurora, Illinois 60506
- $550,000
- List Price
- $550,000
- MLS#
- 12708575
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Commercial Sale
- County
- Kane
- City
- Aurora
- Neighborhood
- Aurora / Eola
- Days On Market
- Unknown
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.
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Additional Information
- Tax Year
- 2025
- Tax Amount
- $6,912
- Year Built
- 1964
- Lot Dimensions
- 110X56
- Air Conditioning
- Central Individual
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