Property Listing No Longer Available for Sale

901 Ridgeway Avenue, Aurora, IL

Industrial for Sale - $795,000 - 23,924 Sq. Ft. on 2.77 acres


Property Info

CIMLS#134536
Location
  901 Ridgeway Avenue
  Aurora IL 60506
UpdatedAugust 30th, 2011
TypeIndustrial
Price$795,000
Building23,924 Sq. Ft.
Land2.77 acres

Property Description

Marcus & Millichap is pleased to present the Ridgeway Light Industrial site for an Owner/User investment opportunity. The subject property consists of roughly 23,924 square feet of improved buildings situated on 2.77-plus acres. It is currently occupied by Mid America Underground that uses the site for their underground drilling business. They are relocating from the site and will allow a flexible transition for timing for an end user or investor that acquires the site. The property is located in a strong industrial area in Aurora, Illinois adjacent to the rail spur.

The property consists of a front office building and three surrounding warehouse buildings. There are six ground level loading docks, above ground fleet fueling station, and gated security fence surrounding the property. With the four stand-alone buildings, the site lends itself toward being occupied by multiple tenants if the buyer looks for additional income streams through leasing the buildings separately.

Also included in the offering is a gravel parking area on the Western border of the property that is leased to a neighboring business as excess employee parking.

This is a great opportunity for an investor or an owner/user looking to expand.

Location Description:

The property is located in a strong industrial area in Aurora, Illinois adjacent to the rail spur.

Highlights:

>> Three Individual Steel and Concrete Warehouses

>> Concrete Block Main Office Building

>> Gated Security Fence Surrounding Perimeter

>> Separate Gravel Parking Surface Leased To Neighboring Property

>> Strong Industrial Area

>> Adjacent To Rail Spur

>> Close Proximity To Major East/West Interstate 88 Expressway

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