Closed

$650,000

Favorite

18,768

square ft

1 N Broadway

AURORA, Illinois 60505

Closed / MLS #9659382 / Multiple Family / Aurora

Listing information updated 2/28/2019 at 10:03am

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!

Full Features

Exterior Type:

Brick,Cedar

Square Feet:

18,768

Built:

1904

Parking Spaces:

Cooling System:

Window Unit/s

Stories:

Current Use:

Residential-Multi-Family, Other

Potential Use:

Commercial, Residential-Multi-Family

Zoning:

COMMR

Building Square Feet:

18,768

Current Net Income:

$10,008

Unit 1:

2 room(s) / 0 bed(s) / 1 bath(s)

Unit 2:

3 room(s) / 1 bed(s) / 1 bath(s)

Unit 3:

1 room(s) / 0 bed(s) / 1 bath(s)

Unit 4:

5 room(s) / 0 bed(s) / 2 bath(s)

Taxes & Assessments

Tax Amount:

$16,084

Tax Year:

N/A

Location

Zip Code:

60505

City:

Aurora

County:

Kane

Listing Office: Keller Williams Infinity

Listing Office Phone: 630.778.5800

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/28/2019 at 10:03am. 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.

Aurora, IL

The city of Aurora is one of the fastest growing communities in the country. Located along the Fox River, its historic downtown has a number of architectural landmarks including the Paramount Theatre, as well as several commercial buildings by George Grant Elmslie, a famed Prairie School architect....

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Metra

BNSF Railway line at Aurora Metra

$336,410

Average Sale Price

Average Days On The Market

101%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

New Listings in Aurora, IL

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Popular Neighborhoods near Aurora, IL

1 N Broadway is a multiple family which sold for $650,000. This multiple family has been listed on @properties since June 13th, 2017 and was built in 1904. The nearest transit stops include Aurora Metra Metra BNSF Railway line.