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177 S Lincoln Avenue

Aurora, Illinois 60505


Rita Kula
630.803.7932

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$232,000


Square Footage
4,180

Property Type
Multiple Family
Neighborhood
Aurora


6-Flat Investment Property. Sale and closing will adhere to guidelines regulating a tax-free 1031 exchange. Conveniently located in Aurora's eastside historic district, within easy walking distance to downtown Aurora - shopping, historic Paramount Theater, restaurants, Hollywood Casino, RiverEdge Park, Riverfront Playhouse, parks, trails, Fox River, and more! Leases are month to month - never a shortage of tenants in this location! Owner has purchased and PAID FOR a new boiler and installation - work to be performed in early spring. This property is inspected annually and conforms to Aurora's Housing Authority standards. Opportunity exists to increase income by remodeling and making cosmetic improvements to individual apartments. Showings by appointment only, with 3-4 days prior notice. Sale includes a new boiler and installation. Installation to be done at end of heating season - already paid and not negotiable.



Full Features
Exterior Type: Frame
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 4,180
Tax Amount: $6,397
Built: 1904
Parking Spaces: 9
Cooling System: None
Stories: 2
Roof: Shingle Composition
Current Use: Residential-Multi-Family
Potential Use: Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 4,180
Current Net Income: $24,862
Unit 1: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2: 2 room(s) / 0 bed(s) / 1 bath(s)
Unit 3: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 4: 1 room(s) / 1 bed(s) / 1 bath(s)


Taxes & Assessments
Taxes: $6,397

Listing Office: Coleman Land Company

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Disclaimer: 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 @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.


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Aurora

The city of Aurora, on the outer edge of the Chicago metropolitan area, is one of the fastest growing communities in the country. Early on, the city’s growth was fueled by manufacturing as factories and jobs attracted residents. The city’s…

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Nearby Public Transportation

Metra
BNSF Railway

at Aurora Metra (0.67 miles away)






177 S Lincoln Avenue Aurora, Illinois 60505 is a multiple family property, currently listed at $232,000. Want to learn more about 177 S Lincoln Avenue Aurora, Illinois 60505? Contact an @properties agent to request more info.


© 2018 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.