LOT 1 Sheffer Road

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LOT 1 Sheffer Road

Aurora, IL 60502
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located on Sheffer Road in Aurora, Illinois
  • Total site area encompasses 3.14 acres
  • Asset is currently categorized as residential land
  • Positioned within a growing suburban Chicago submarket
  • Property supports various residential development use cases

What's Special

Developing residential housing on this 3.14-acre parcel provides a strategic investment in the Aurora market. This land, situated on Sheffer Road, allows for versatile planning options suited to the growing density of the region. As a significant hub within the Chicago metropolitan area, Aurora continues to attract residents seeking suburban living with convenient access to major employment corridors and regional transportation networks. The site offers the necessary space to accommodate residential housing projects, aligning with the area's ongoing expansion and demand for new development. Prospective investors and builders will find this location well-positioned to serve the housing needs of the local workforce and families. The surrounding infrastructure supports residential growth, making this plot a viable selection for those focused on scaling their property portfolio. With its established access points, the property stands ready for evaluation for residential land development initiatives within this active Illinois community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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