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32665035
32665034

222-232 W Galena Blvd, Aurora, IL 60506

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT
$2,700,000
61 days on market
Updated 51 days ago

Aurora Retail Center with Operating Coin Laundry

Details
Property Type Retail, Mixed Use (+1)
Sub Type Business and Building, Shopping Center (+1)
Square Footage 15,939
Cap Rate 12.61%
NOI $340,342
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $169
Acreage 0.600
Parking Spaces 31 spaces
Parking per 1,000 SqFt 1.94
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

High-Cash-Flow Retail Strip Center + Established Coin Laundry Business Included

Marketing description

Positioned along the highly traveled Galena Blvd corridor in Aurora, Illinois, this fully leased multi-tenant retail center presents a rare opportunity to acquire both a stabilized commercial asset and an established operating coin laundry business in one transaction. The property consists of approximately 15,939 SF situated on approximately 0.60 acres with strong frontage, excellent visibility, and ample on-site parking.

The center is anchored by a long-standing Mega Coin Laundry operation with reported annual business sales of approximately $390,000, creating an attractive blend of passive rental income and active business cash flow potential. The tenant mix is composed primarily of service-oriented businesses that provide resilience against e-commerce disruption and contribute to consistent daily traffic.

This investment offers immediate income, strong neighborhood presence, and future upside potential through operational optimization, rental growth, and long-term corridor appreciation. Strategically located within an established commercial district, the property benefits from dense surrounding residential neighborhoods, strong accessibility, and continuous consumer traffic.

Ideal for investors, owner-users, or 1031 exchange buyers seeking a stable, cash-flowing retail asset with additional business income and long-term value creation potential.

Investment highlights

  • Fully leased multi-tenant retail center with stable in-place income
  • Established coin laundry business included in the sale
  • Strong reported business revenue with additional upside potential
  • High-visibility frontage along heavily traveled Galena Blvd
  • Diverse service-oriented tenant mix resistant to e-commerce disruption
  • Approx. 15,939 SF situated on approximately 0.60 acres
  • Ample on-site parking with 31 surface spaces
  • B-3 commercial zoning allows broad commercial use flexibility
  • Ideal opportunity for investors, owner-users, or 1031 exchange buyers
  • Turnkey income-producing asset with immediate cash flow
  • Strong neighborhood demographics and daily traffic exposure
  • Combination of real estate income + operating business income
  • Long-term value-add potential through rent growth and operational optimization
  • Centrally located within Aurora’s established commercial corridor
  • Rare opportunity to acquire both the real estate and operating business together

Listing Contacts

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$340,342.00
$28,361.83/mo

Valuation Metrics

0
DSCR
12.61%
Cap Rate
12.61%
ROI

Map

Zoning

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B-3 SpecialServices And Wholesale District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Michael Kang
License
IL 475163662
Brokerage
Coldwell Banker Realty
Brokerage Phone
(708) 852-3564
Title
Real Estate Broker
Brokerage Address
676 North Michigan Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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