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N. Lake Street Portfolio 205, 213 & 219 N N. Lake Street Portfolio 205, 213 & 219 N. Lake Street, Aurora, IL 60506 property information 1 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 PROPERTY INFORMATION PROPERTY DESCRIPTION LOCATION DESCRIPTION Assemblage of three buildings: 205 & 213 N. Lake Street are mixed-use, consisting of Located in the heart of Downtown Aurora, in close proximity to Aurora's theater retail, office, and commercial spaces on lower levels and multi-family residential in upper district, Metra Train, Two Brother's Brewing Company, Society 57 event and levels, and 219 N. Lake Street is a free standing retail building. Ideal location for community space and the new pedestrian bridge. multi-family housing development project. Opportunity to renovate or rebuild. OFFERING SUMMARY PROPERTY HIGHLIGHTS Sale Price: $3,000,000 • Close proximity to restaurants and area amenities Number of Buildings: 3 • Close to Metra Station with express trains to Chicago Zoning: B-2 • Located in an Opportunity Zone, which provides tax benefits, including deferral of eligible capital gains, to investors who invest eligible capital in these areas Tenancy: Multiple • Location is within an area of downtown Aurora in which the City has indicated to the seller a "willingness" to entertain redevelopment Shamus Conneely Jessica Gerald 3 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 PROPERTY INFORMATION 205 N. LAKE STREET Three-story, mixed use building, consisting of storefront retail and multi-family residential spaces. Multiple tenancy with long-term tenants. The first floor consists of three offices and a commercial warehouse in the rear, one office and three apartments on the second floor, and three apartments on the third floor. 213 N. LAKE STREET Two-story, mixed use building with a lower level, consisting of office and residential 205 N. Lake Street, Aurora spaces. Multiple tenancy with long term tenants. Main floor consists of two business offices; lower level has access from the main floor as well as a private entrance from the rear of the property. Upper level consists of a residential apartment. 219 N. LAKE STREET One-story retail building. Single tenancy, class C building, built in 1980. Currently houses transmission repair shop. BUILDING DETAILS 213 N. Lake Street, Aurora Building Size: Floors: Lot Size: Taxes (2018): 205 N. Lake Street 13,750sf 3 0.33ac $9,324 213 N. Lake Street 5,250sf 2 +LL 0.17ac $6,150 219 N. Lake Street 6,000sf 1 0.33ac $12,048 219 N. Lake Street, Aurora Shamus Conneely Jessica Gerald 4 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 RENT ROLL FOR 205 & 213 N. LAKE ST. UNIT UNIT UNIT CURRENT ANNUAL UNIT DESCRIPTION NUMBER BED SIZE (SF) RENT RENT Residential 213 Upper N/A 500 $500 $6,000 Commercial 213 Lower N/A 700 Vacant Vacant Commercial 213 North N/A 728 Vacant Vacant Commercial 213 South N/A 1,140 $650 $7,800 Commercial 129 Spruce N/A 2,100 $1,600 $19,200 Commercial Unit 101 N/A 1,400 $925 $11,100 Commercial Unit 102 N/A 1,300 $850 $10,200 Commercial Unit 103 N/A 1,500 $1,700 $20,400 Residential Unit 205 2 1,200 $1,200 $14,400 Commercial Unit 206 N/A 1,200 $600 $7,200 Residential Unit 307 3 1,400 $1,295 $15,540 Residential Unit 308 2 1,200 $1,100 $13,200 Shamus Conneely Jessica Gerald 5 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 location information 2 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 LOCATION INFORMATION Shamus Conneely Jessica Gerald 7 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 Shamus Conneely Jessica Gerald 8 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 RETAILER MAP Shamus Conneely Jessica Gerald 9 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 discover aurora 3 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 Shamus Conneely Jessica Gerald 11 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 DISCOVER AURORA Shamus Conneely Jessica Gerald 12 [email protected] [email protected] 773.814.3378 708.420.6482 The information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms without advance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019 N. Lake Street Portfolio | 205, 213 & 219 N. Lake Street, Aurora, IL 60506 DISCOVER AURORA Discover Aurora The City of Aurora is the second largest city in Illinois, with a population of 197,899, according to the 2010 census. Aurora is an outer suburb of Chicago, located primarily in Kane and DuPage counties, with its borders reaching into Kendall and Will county as well. Aurora is easily accessible via 5 interchanges on the East/West Tollway Corridor, and offers rail service to Chicago via the Burlington Nothern Santa Fe line of the Metra Commuter Station. Visitors and residents’ experience of Aurora include two shopping centers, the Fox Valley Mall on the far east side of the city and Chicago Premium Outlets on the near east side. Aurora’s historic downtown area is located along the Fox River and is full of architechural landmarks and historic places. Summer nights in Downtown Aurora are full of festivals, live music, local artist and food vendors. Waubonsee Community College has a campus on the western banks of the river, which was built as part of the development of the Downtown Area. Other new developments include walking paths, parks and a pedestrian bridge connecting the banks of the river. Aurora Attractions Paramount Theatre | Located in Downtown Aurora, Paramount Theatre was recently named one of the Top Ten Theatres in Chicago by League of Chicago Theatres. The Paramount provides world-class entertainment, including dance, music, Broadway-caliber theatre and children’s programming. Hollywood Casino Aurora | Hollywood Casino Aurora is a riverboat casino located on the Fox River in downtown Aurora. The Casino offers 53,000sf of gaming space and three restaraunts. Two Brothers Roundhouse | Two Brothers Roundhouse is a family owned full-service brewpub restaurant and coffee cafe with one of the largest beer gardens in the area. It is located in the historic roundhouse, originally built in 1856 and is the oldest limestone roundhouse in the United States. Phillips Park Zoo | Philips Park Zoo is located on the grounds of Phillips Park in Aurora, and is open year-round with no admission charge. Exhibits are focused on native animals, including river otters, wolves, elks, bald eagles, a reptile house, and many more. Blackberry Farm | Blackberry Farm is a living history museum where pioneer life is re-created through educational demonstrations and hands-on fun. Attractions also include a steam-engine train replia with open-air passenger cars, paddle boats, carousel, hay wagon, pony rides and an adventure playground.
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