$ 499,000
-
$499,000
Price -
4
Bed -
4
Bath -
0
SqFt
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About the Listing 86545 - 1011124,878972
Great opportunity to purchase a strong cash flowing 4 flat in North Aurora that is directly east of the North Aurora Riverfront Park. Quiet secluded street with all one bedrooms. New roof (2024), new water heater (2024), and new furnace/ electric panels. Property could use new parking lot and units could be updated down the road further to boost rents more. However property still operates around an 8.5 CAP currently. Rents at ~59k of income with last unit rented at $1500. Room to grow rents to 6k a month or 72k. All units heated by one furnace. Tenants pay own electric. Improve the rents by upgrading 2 mtm units. Great return day one! Perfect first investment or expand an existing portfolio in North Aurora.
Listing Highlights for 122 E State St
Status
Active
Days on Site
90
Property Type
Multi-Family
MLS ®
12388979
Year Built
1958
Total Square Footage
0
Lot/Acreage
0.19
County
Kane
Area
North Aurora
School District
129
Elementary School
Schneider Elementary School
Middle School
Herget Middle School
High School
West Aurora High School
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 8276
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Unassigned,On Site
Financial Details
- Tax Amount: $7,158
- Taxes w/Assessments: N/A
- Tax/Property ID: 1503151021
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
122 E State St North Aurora, IL 60542
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