+/- 38 AC development land in North Aurora, which is 37 miles west of downtown Chicago. Currently annexed and zoned mixed use B2/R4, with not more than 30% R4. Village is open for 100% commercial use or 70% R4 / 30% B2. R4 zoning suitable for 11-25 units/acre apartments or 5-10 units/acre townhomes. Quick access to interstate system via I-88 Full-access signalized 4-way lighted intersection planned at Orchard Rd All utilities are available: water, sewage, electricity, fiber, etc Located across multi-million dollar single-family homes in the strong residential neighborhood Strong retail corridor: area retailers include Super Target, JC Penney, Woodman’s, Home Depot, Best Buy, Michael’s, Petco, La-Z-Boy, Office Depot, Party City, MC Sports, Walgreen’s, CVS, Aldi Low Kane County property taxes ($1,175.82 for 2022) Business friendly community with tax incentives for the right developers Survey included in the OM, Annexation agreement available upon request. The subject property presents a unique development opportunity for either commercial or residential developer. It is already annexed to the Village of North Aurora as a mixed use planned unit development, zoned B-2/R-4. B-2 zoning allows most commercial uses and R-4 allows high-density multi-family residential. Per the annexation agreement, the entire property can be developed as commercial, or the property can be developed as a mix of residential and commercial. The surrounding suburbs are running out of developable land and many subdivisions, complexes and commercial dwellings are at full capacity with little to no inventory. Suburban style walk-up rental apartments and townhomes would be the highest and best use for the site which will maximize the value of the residential portion of the land. The site enjoys business friendly community with low Kane County real estate taxes. The village will welcome big box retail developers offering variety tax incentives.