$1,230,000
$1,325,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
20,000 SqFt
SOLD DATE : 05/31/2019
Key Details
Sold Price $1,230,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $61
MLS Listing ID 10079615
Sold Date 05/31/19
Maintenance Fees $4,500
Year Built 1959
Annual Tax Amount $31,335
Tax Year 2017
Lot Size 0.750 Acres
Lot Dimensions 32629 SF
Property Sub-Type Multi Family 5+
Property Description
$100,000 PRICE REDUCTION. Triton Realty Group is pleased to present the opportunity to purchase a 30 unit apartment building in Aurora. The building has strong in-place cash flow with potential to add value by renovating units and raising the rents. Property is tenant heated with newer windows (2010) and newer water heaters (2014). Units consist of 15 studios, 14 one bedrooms, and 1 two bedroom unit. The property has owned laundry and attached 16 car garage. Building sits a residential neighborhood surrounded by other houses and is less than 2 miles south of downtown Aurora. The location is a short walk to either South River Street Park or Montgomery Park. Contact agent for full offering memorandum.
Location
State IL
County Kane
Area Aurora / Eola
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Level or Stories 2
Structure Type Brick
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Bought with Gary Lucido • Lucid Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "