523 Grand Avenue, Aurora, IL 60506 (MLS # 11487155)

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PRICE $275,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE n/a
LOT SIZE 10,019 sqft

Investment Opportunity for Multi-family unit in close proximity to Fox River, shopping, expressways, schools, and parks. 3-flat is a simple frame, older building in good condition but could use some updating. NEW Roof and NEW Furnace boiler in 2021. NEW water heaters for all units in 2022. NEW kitchen appliances, flooring, and windows installed over the last few years. Low maintenance - Tenants pay all the utilities and handle snow removal, so it is a building that is easy to manage and has great cash flow. If you don't mind taking on a fixer-upper, it's a great opportunity to pick up a steady income-producing property at a good price. The Cap Rate (return based on the net operating income/sale price) is 8.8% which is extremely high. Submit an offer to add this to your portfolio today. A great return on investment!

DAYS ON MARKET 33 LAST UPDATED 9/6/2022
YEAR BUILT 1910 COMMUNITY Aurora / Eola
GARAGE SPACES 2.0 COUNTY Kane
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Hill Elementary School
Jr. High School Herget Middle School
High School West Aurora High School


ADDITIONAL DETAILS
AREA Aurora / Eola
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
GARAGE Detached, Yes
HEAT Natural Gas
LOT 10019 sq ft
LOT DIMENSIONS 53X191
PARKING Garage,Space/s
SEWER Public Sewer
TAXES 5993
WATER Public
ZONING MULTI
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Executive Realty Group LLC
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