304 Hankes Avenue, Aurora, IL 60505 (MLS # 12552481)

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PRICE $1,799,900 dsIDX morgage calculator
SIZE 6,532 sqft
LOT SIZE 14,375 sqft

Well-maintained and professionally landscaped, 304 Hankes Ave is a turnkey 9-unit multifamily investment in Aurora's desirable Pigeon Hill neighborhood, offering a strong unit mix of six spacious 2-bedroom units and three comfortable 1-bedroom units with no association and low utility costs. Most units have been renovated with new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating, ensuring long-term reliability and reduced maintenance. Apartments feature hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry, designed for tenant appeal and easy upkeep. Each unit includes two designated parking spaces, while long-term tenants provide stable income. The property benefits from additional revenue through coin-operated laundry and rentable private basement storage units, and recent capital improvements, including a newer roof, further enhance value. Fully occupied building, this asset offers excellent cash flow and a solid return for both new and seasoned investors. Please do not disturb tenants.

DAYS ON MARKET 41 LAST UPDATED 3/2/2026
YEAR BUILT 1931 COMMUNITY Aurora / Eola
COUNTY Kane STATUS Conditional
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Exhaust Fan, Heat Pump
AIR CONDITIONING Yes
AREA Aurora / Eola
BASEMENT Bath/Stubbed, Other, Storage Space, Yes
CONSTRUCTION Frame
LOT 0.33 acre(s)
LOT DIMENSIONS 81.4 X 180.2X81.4X179.23
STORIES 3
TAXES 12600
MORTGAGE CALCULATOR
   

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Listed with Sohum Realty, Inc.
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