About 218- 220 S Lake Street
Prime Two Parcel Commercial Opportunity with Unbeatable Parking-Near Downtown Aurora! EXCEPTIONAL VERSTILITY-LIVE/WORK or PURE INVESTMENT WITH 14 DEDICATED PARKING SPACES. This is an incredibly rare oportunity for a business owner or investor seeking a high visibility location with an abundance of private parking. Situated just one block south of the Aurora Library and the thriving downtown distrcit, this well-maintained property offers two distinct parcels with endless potential. PROPERTY HIGHLIGHTS: INCOME-GENERATING 2 UNIT STRUCTURE *1ST FLOOR RETAIL CURRENTLY OPERATING AS A HAIR SALON. THIS VERSATILE SPACE CAN EASILY BE CUSTOMIZED OR BUILT OUT TO MATCH YOUR NEEDS OR VISION. *MASSIVE 14 SPACE PARKING LOT WHEN YOU ADD THE ADDITIONAL SPACES INCLUDED IN THE ADJACENT PARCEL TO THE SOUTH. *A FINISHED WALKOUT BASEMENT PROVIDES EXPANSIVE SECURE SPACE FOR INVENTORY, EQUIPMENT OR YOUR SPECIFIC BUSINESS STORAGE. *UNBEATABLE VALUE PRICED COMPETIVELY FOR A QUICK SALE, OFFERING INCREDIBLE EQUITY POTENTIAL IN A CITY WHERE THE MEDIAN SALES PRICE IS APPROXIMATELY $350,000. *LIVE UPSTAIRS AND RUN YOUR BUSINESS BELOW OR LEASE BOTH UNITS FOR AN INVESTMENT INCOME STREAM. TAKE ADVANTAGE OF AURORA'S DOWNTOWN RESURGENCE AND THRIVING DOWNTOWN DISTRICT. *PROPERTY HAS BEEN WELL MAINTAINED. BUYER TO CONDUCT DUE DILIGENCE REGARDING PROPERTY CONDITION, ZONING AND MUNICIPAL REGULATORY REQUIREMENTS.
Features of 218- 220 S Lake Street
| MLS® # | 12708298 |
|---|---|
| Price | $350,000 |
| Bathrooms | 0.00 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Commercial Sub-Type | Mixed Use |
| Status | Active |
| Taxes | $3,836 |
Community Information
| Address | 218- 220 S Lake Street |
|---|---|
| Area | Aurora / Eola |
| City | Aurora |
| County | Kane |
| State | IL |
| Zip Code | 60506 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Wood, Cedar |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 7 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Innovate |
|---|