122 E State Street, North Aurora, IL 60542
- Beds
- 4
- Baths
- 4
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 4
- Number of bathrooms
- 4
- Lot size (acres)
- 0.19
- Year built
- 1958
Utilities
- Heating
- Natural gas, Forced air
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $1,984
Taxes
- Tax Annual Amount (2024)
- $7,158
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12388979 Last checked: …
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.