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1 N Broadway Aurora, IL 60505
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 18,768 sqft
Price per Sqft $34
MLS Listing ID 09659382
Sold Date 02/27/19
Year Built 1904
Annual Tax Amount $16,084
Tax Year 2016
Lot Dimensions 66X120
Property Sub-Type Multi Family 5+
Property Description
Terrific cashflow here! 3-story multi-unit building! Retail spaces on 1st floor. Second floor has 11 studio or 1-bedroom apartments that are fully rented. Bring your ideas for the HUGE 3rd floor bonus space that is plumbed and wired for kitchen. Private courtyard. Modern copper plumbing and over $10,000 in recent electrical upgrades. Roofs were recently inspected and sealed. Fantastic location on a well-trafficked corner, just blocks to train, bus, free public parking, Paramount Theater and casino. Purchase price is at a 10.46% cap rate, and adding apartments on the 3rd floor would bring it to more than 15%! Please call to get investor analysis reports. Here's your opportunity to make a great return on your investment AND own a piece of Aurora's story! Don't miss this one! Make your appointment today!
Location
State IL
County Kane
Area Aurora / Eola
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Municipal
Building
Level or Stories 3
Structure Type Brick,Stone,Wood Frame
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Bought with Keller Williams Realty Infinity