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$ 585,000
Est. payment | /mo
4,500 SqFt
$ 585,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $130
MLS Listing ID 12301541
Year Built 1900
Annual Tax Amount $3,896
Tax Year 2023
Lot Dimensions 168' X 21'
Property Sub-Type Mixed Use
Property Description
For Sale Beautiful 100 pct occupied Mix Use Building with 9.51 pct Cap Rate: Two Apartments: 2br/2bath, (2nd floor unit with one Den/Bedroom) and one Retail Space (currently under a 5year lease expiring in 2029 having one 3 year option). Aurora has blossomed and continues to do so since this property's transformation in 2018. With two beautifully updated 2 bedrooms / 2 bath (2nd floor unit equipped with extra Den/BR) the residential units are equipped with updated kitchen appliances, washer/dryer. The 1,500 sq/ft retail space, ideal for professional services, office, retail, etc..... This property is perfect for Owner Occupant (once lease/options expire) and/or for Investor. With multiple City and Development projects completed and currently underway... Historic Downtown Aurora is surrounded by, Multi-Cultural Diversity, Arts, Entertainment, Dining and Proud Vibrant and Supportive Community with wonderful and popular civic events such as First Fridays, Farmers Markets and various family events, parades and other festivities throughout the year. This property has great visibility from West bound New York Street and South and North bound North Broadway. City parking lot in very close proximity. Located within walking distance to Metro Train Station and nearby entertainment which includes but not limited to Paramount Theater, RiverEdge Park, The Venue, French 75 and a variety of Restaurants, Pubs, Coffee Houses, Art Galleries and Artisans' Shops and a Music Scene that is in its infancy.... FINANCIAL QUALIFICATIONS / REQUIRED PRIOR TO SCHEDULING SHOWINGS. CONTACT THE LISTING AGENT FOR MORE DETAILS.
Location
State IL
County Kane
Area Aurora / Eola
Zoning OTHER
Interior
Cooling Central Air
Flooring Vinyl, Wood
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 1
Structure Type Brick
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Listed by Athanasios Tsipas • Keller Williams Infinity