Local Investor Sells 23,000 Square Foot Retail Center In Aurora For $5.8 Million

The transaction involved a retail asset comprising a 23,000-square-foot shopping center located at 405 North Eola Road in Aurora, IL. The property was sold for $5,800,000, equating to a price per square foot of $252.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,800,000
• Square Footage: 23,000
• Address: 405 North Eola Road
• Market: Aurora, IL
• Price Per Square Foot: $252

Brett Berlin of Quantum Real Estate Advisors represented the seller in this transaction, facilitating the sale of the 13-suite retail property to an owner-operator focused on neighborhood strip centers.