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Listing provided courtesy of Ellsbury Group LLCMREDas Distributed by MLSGrid- MLS# 12629817MLS Provider

197 Alder DriveNorth Aurora, IL 60542

Commercial · 20,146 Sq. ft. | 2.68 Acres
$2,395,000 Active

197 Alder Drive Overview

Time on Site:
56 days
Visits:
0

We are pleased to present this premier 20,146 SF warehouse, ideally situated in a prime location with direct and easy access to major highways. Just 8 miles from North Aurora Airport, the property offers an expansive 2.68-acre lot with significant potential for expansion or development. The roof was fully replaced in 2017, and the building has benefited from multiple recent capital expenditure (CapEx) upgrades, resulting in low ongoing maintenance. Additional key features include climate-controlled rooms and robust 800-amp electrical service.

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197 Alder Drive Facts & Features

  • Type Commercial
  • Sq. ft. 20,146
  • Price/Sq.ft. $119
  • Lot 2.68 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 176664
  • Gross Scheduled Income: 178303
  • Net Operating Income: 133619
  • Operating Expense: 44684

Building Information

  • Year Built: 1994

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: North Aurora

Tax Information

  • Tax Annual Amount: $40,350.00
  • Tax Year: 2025

General Information

  • Parcel Number: 1505477001
  • Property Sub Type: Warehouse
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 20146

General Information

  • Cooling: Central Air, Partial, Zoned
  • Electric: Over 600 Amps
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 0

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 2.68
  • Lot Size Dimensions: 379 x 305 x 388 x 304
  • Lot Size Square Feet: 116740

General Information

  • Number Of Units Total: 0

197 Alder Drive Neighborhood

Community

60542 (North Aurora) Demographics

41
Median Age
1,910
Population Density (per sq. mile)
49%
College Educated
$91,081
Estimated Median Income
5,195
Estimated Total Home Owners
1,661
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

197 Alder Drive Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

197 Alder Drive Market Data

Based on the last 30 days in this zip code

$507,113
Average List Price
$211
Average Price per Square Foot
31
Properties Sold
99
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

197 Alder Drive History

Date Event Value Agent
5/10/2026Source: MRED Status Change
Active
5/5/2026Source: MRED Price Increase
$2,395,000 0.2%
5/5/2026Source: MRED Added to Database
May 05, 2026