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$ 1,475,000
Est. payment | /mo
1.05 Acres Lot
$ 1,475,000
Est. payment | /mo
1.05 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12254211
Year Built 1902
Annual Tax Amount $9,569
Tax Year 2023
Lot Size 1.050 Acres
Lot Dimensions 175X262
Property Description
ATTENTION INVESTORS... This property prints money! This turn of the century Aurora mansion sits on slightly over 1 acre land (truly hard to find in the heart of city!). The Mansion with impressive curb appeal has been converted to 10 studio and/or 1 bedroom, 1 bathroom apartments. There is plenty of tenant parking with 18 spaces and room for more. All electric and plumbing has been updated within the last 12 months. Common area interiors have been freshly painted. Ceilings in common areas have all been redone and painted. Several common area windows have been replaced. New flooring in common areas are currently being installed. Very easy access to shops, restaurants and all that historic downtown has to offer. All units are occupied and in high demand. This building is very easy to rent and produces OVER $10K/month with the potential to go a lot higher. Whether you are looking to add to your investment portfolio or just getting started, this opportunity is definitely not one to miss! Schedule your showing TODAY!
Location
State IL
County Kane
Area Aurora / Eola
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Municipal, Water to Site
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Wood Frame
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Listed by Alex Rullo • RE/MAX All Pro - St Charles
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "