1 Broadway

    Aurora, IL 60505
    • $820,000
    • STATUS: Active
    • ON SITE: 370 days
    • MLS #: 09659382
    UPDATED: 32 min ago
    $820,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    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!

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Key Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-06-20T08:52:11.963.

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    www.keyrealtyus.com/homes/73613386

    1 Broadway Aurora, IL 60505

    • Price: $820,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 09659382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1904
    Built
    Neighborhood:
    Aurora / Eola
    County:
    Kane
    Area:
    Aurora / Eola
    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!
    Exterior Features

    Construction BrickStoneWood Frame Foundation Stone Land Amenities Curbs And GuttersSidewalks Lot Dimensions 66X120 Lot Sq Ft 7920 Number Of Parking Spaces 20 Roof Structure Flat

    Interior Features

    Air Conditioning Window Unit/S Fire Protection Fire Extinguisher/S Miscellaneous Inside Storage InsideLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 2 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 5 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 2 Number Of Rooms Unit2 3 Number Of Rooms Unit3 1 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 5 Number Of Units Apt Type3 6 Number Of Units Apt Type4 1 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Outdoor Parking 19-30 SpacesPublic Lot Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential-Multi-FamilyOther Electricity Expense 6224 Expense Year 2013 Exterior Building Type BrickCedar Fuel Expense 9500 Gross Rental Income Amount 15144 Heat Ventilation SteamRadiant Insurance Expense 5389 Janitor Expense 0 Janitor Expense Source Actual Known Encumbrances None Known Monthly Income Max1 650 Monthly Income Max2 700 Monthly Income Max3 1300 Monthly Income Max4 0 Net Oper Income Amount 10008 Net Operating Income Year 2013 Other Expense Source Actual Other Expenses 1000 Owners Assoc YN No Possession Closing Potential Use CommercialResidential-Multi-Family Sale Terms Conventional Tax Year 2016 Taxes 16084.0 Tenant Pays Varies By Tenant Total Annual Exp 51352 Total Annual Expense Source Actual Total Annual Income 151440 Total Monthly Income 12620 Township Aurora Type Multi Family Corridor-Exterior EntranceHi-Rise Unincorporated YN No Utilities To Site Sanitary Sewer To SiteWater-Municipal Water Expense 5680 Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Infinity.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Key Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-06-20T08:52:11.963.

    Digital Millennium Copyright Act
     
    Key Realty
    6755 Weaver Road Suite P
    Rockford IL, 61114