Brenda Schmidt
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Rare Investment & Development Opportunity! Approximately 4.06 contiguous acres situated along the highly desirable Eola Road corridor, offered exclusively as one investment portfolio. The property is currently zoned R-4 Single-Family Residential and includes three existing homes on separate parcels, providing immediate rental income potential while an investor pursues long-term appreciation or redevelopment. Based on its strategic location adjacent to Storage Mart and surrounded by existing commercial and industrial uses, the property is well-positioned for future rezoning. The site may be suitable for a variety of future uses, including commercial, multifamily, or planned unit development, subject to buyer verification and governmental approvals. Located within the highly acclaimed Indian Prairie School District 204, each residence is served by its own private well and septic system, offering flexibility for continued residential use and income generation during the planning process. This is an exceptional opportunity for investors, developers, land bankers, and assemblage buyers seeking to control a significant tract in one of Aurora's most active growth corridors. Opportunities to acquire more than four contiguous acres with existing income-producing homes are increasingly rare. Portfolio includes: 7S151 N. Eola Road, 7S175 N. Eola Road, and 7S201 N. Eola Road. All three properties are being sold together as one investment portfolio. Individual sales will not be considered. I think this version reads more like a professional commercial listing. It highlights the upside while avoiding promises about rezoning, which is important from both a legal and MLS compliance standpoint.
Property Highlights
Property Type: Land - Commercial
Total Acres: 4.06 Acres
Utilities: Electric to Site, Natural Gas Available
General Information
County: DuPage
Listed By:
Keller Williams Innovate
630-423-8223
MRED MLS
MLS ID: 12713452
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7s151 N Eola Road , Aurora, IL 60502.
Mortgage Calculator
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,250,000 | $1,250,000 | $1,250,000 |
| Down Payment | $43,750 | $0 | $250,000 |
| Monthly Mortgage Amount | $7,557 | $7,862 | $6,239 |
| Taxes | $1740 | $1740 | $1740 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $750 | $0 | $0 |
| Monthly Estimated Total | $10,412 | $9,967 | $8,344 |
About this area
Find homes for sale in Aurora, Iowa and learn about the local community and real estate market.
Aurora has a rich history that extends back centuries and is steeped in heritage. It was initially founded as a settlement by pioneers looking for a place to thrive in the Midwest. Officially incorporated in 1889, as time passed, the city’s small-town identity and atmosphere thrives, although the population is under 200. Rich in farming, historic sites and monuments, and a plethora of recreational activities, Aurora is conveniently located near larger cities for modern amenities.
Aurora City Park is a popular amenity for locals and nearby residents alike, where you can enjoy the trail, playgrounds, pavilions for gatherings, and a truck and tractor pull track. Looking to expand their outdoor activities, locals can take a short car ride to the 2,000 acre Backbone State Park where boating, fishing, hiking, and rock climbing are popular pastimes. And, of course, this close-knit community is no stranger to annual events. From the fireworks show in July to the Fall Vendor and Craft Show, there is something for all to relish throughout the seasons. Community members can also join local clubs that host social gatherings, fundraisers, and other events, such as the American Legion, the community fitness center, and the volunteer fire department.
Neighborhoods are much like what you would imagine from many years ago – farms tucked away amid green pastures, tree-lined country roads, and a few pockets of neighborhoods with tree-lined streets where everyone knows your name and welcomes you.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
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Cedar Rapids, IA 52402
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Brenda Schmidt
REALTOR®
Cell: (563) 570-1430
Licensed in IA & IL
Davenport Office
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Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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