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1175 Oak Street

1175 Oak Street, North Aurora, IL 60542
Commercial in Aurora
1 Units For Sale
Unit for sale at 1175 Oak Street, North Aurora, IL 60542

$1,850,000

  • Commercial
  • 11,466 ft²
1175 Oak Street, North Aurora, IL 60542 Listing by Anthony Brummel

Local assessors in North Aurora, IL have categorized 1175 Oak Street as a unknown type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 60,112 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1175 Oak Street has a total of 11,424 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1175 Oak Street sold most recently in Jun 13, 2006 for a total of $2,575,000. If you work out the math, that's approximately a cost of $225.40 per sqft. Before that, the property was also sold for $775,000 in Jul 26, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,923 in taxes each year. The initial year of tax delinquency occurred in 2021. 1175 Oak Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $249,713. If we break it down further, the land itself was valued at $64,971. Improvements to the property, however, were assessed at a total of $184,742. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Brick Exterior
Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190122 Unit A
01/22/2019
A
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,112
  • Total Building Area: 11,424
  • Gross Building Area: 11,424
  • Building Area: 11,424
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 11,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RANDALL COMMONS SUB
  • Land Acres: 1.38
  • Legal Description 1: RANDALL COMMONS SUBDIVISION LOT 7

Ownership

  • Current Owner : AUROHARA PROPERTIES LLC
  • Previous Owner : LINCOLN SQUARE GROUP LLC
  • Owner Before Previous Owner: OAK STREET INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853001

Geography

  • Parcel: 15-05-134-002
  • Lot: 7
  • Municipality: AURORA
  • Latitude: 41.808
  • Longitude: -88.3537

    Address

  • Full Address: 1175 Oak St
  • Address - House Number: 1175
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: North Aurora
  • Carrier Code: R007
  • 4-Digit Zip Code: 2062
  • Zip Code: 60542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,923
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: AU168

    Market Valuation

  • Market Total Value: $749,439
  • Market Land Value: $194,991
  • Market Improvement Value: $554,448

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $249,713
  • Assessed Land Value: $64,971
  • Assessed Improvements Value: $184,742

    Sales

  • Current Sale Contract Date: Jun 13, 2006
  • Current Sale Recording Date: Jun 30, 2006
  • Current Sale Transaction ID: 1178270776
  • Current Sale Price: $2,575,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2006K070759
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jul 26, 2005
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: HARRIS NA
  • First Mortgage Transaction Date: Jun 30, 2006
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jun 13, 2013

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: HARRIS NA
  • Previous Mortgage Transaction Date: Jul 27, 2005
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $1,600,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 26, 2010

About North Aurora



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Frequently Asked Questions

What neighborhood is 1175 Oak Street located in?
The 1175 Oak Street is a commercial located in the neighborhood of Aurora in North Aurora, North Aurora.
How many listings are currently for sale in 1175 Oak Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1175 Oak Street?
The average sales price for units in 1175 Oak Street is $1,850,000 , or $161/sqft. currently.

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