Buy or Sell a Business in Aurora, Illinois

Your complete guide to business transactions in Illinois' second largest city. Diverse economy, strategic location, and growing opportunities in the Fox Valley.

Aurora Business Market at a Glance

180K
Population
8,500+
Total Businesses
$295K
Avg. Sale Price
10 mo
Median Time to Sell

Aurora Economic Overview

Aurora, the "City of Lights," is Illinois' second largest city and a major economic center in the Fox Valley region. With a diverse population and economy spanning manufacturing, healthcare, retail, and services, Aurora offers abundant opportunities for business buyers and sellers.

The city benefits from excellent transportation access via I-88 and Metra commuter rail, a diverse workforce, and ongoing downtown revitalization. Aurora's mix of established industries and emerging sectors creates a dynamic business environment with opportunities across multiple price points.

Aurora Business Market Data

Metric Value
Population180,542
Total Businesses8,500+
Average Business Sale Price$295,000
Median Time to Sell10 months
Top IndustriesManufacturing, Healthcare, Retail, Restaurants, Professional Services
RegionChicagoland (Fox Valley)
CountiesKane, DuPage, Will, Kendall

Selling a Business in Aurora

Aurora's size and diversity create strong opportunities for business sellers:

Aurora Seller Advantages

  • Large market: Second largest city provides substantial customer base
  • Diverse buyers: Attracts buyers from multiple backgrounds
  • Strategic location: Access to Chicago and western suburbs
  • Growing economy: Continued development and investment

Aurora-Specific Considerations for Sellers

  • Neighborhood dynamics: Different areas have distinct characteristics
  • Bilingual market: Hispanic community creates unique opportunities
  • Downtown revitalization: Riverfront development adds value
  • Competition: Differentiate from Naperville and other suburbs

Buying a Business in Aurora

Aurora offers excellent value and diverse opportunities for business buyers:

Aurora Buyer Advantages

  • Affordable entry: Lower costs than Naperville or Chicago
  • Large workforce: Access to diverse talent pool
  • Growth potential: Expanding population and economy
  • Variety of options: Businesses across all sectors and sizes

Aurora-Specific Considerations for Buyers

  • Location selection: Downtown, east side, and west side differ significantly
  • Cultural competency: Understanding diverse customer base
  • Transportation access: Proximity to I-88 and Metra valuable
  • Development plans: Research city's growth initiatives

Frequently Asked Questions: Aurora Business Sales

Aurora offers more affordable real estate and labor costs than Naperville, with a larger and more diverse population. While Naperville has higher household incomes, Aurora provides excellent value and access to a broader customer base. Many businesses successfully serve both markets.

Aurora's downtown and riverfront areas have seen significant investment and revitalization. The Paramount Theatre district, RiverEdge Park, and new residential developments are creating opportunities for restaurants, entertainment, and retail businesses.

Yes, Aurora's diversity is a significant advantage. The large Hispanic community supports authentic restaurants, specialty retail, and professional services. Businesses that understand and serve diverse communities often find strong customer loyalty and growth opportunities.

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