Link Copied
Listed price in listed location currency (USD).
$450,000
$499,000

444

MLS® 12388979

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $7,158
Lot Size 
Approx. Age 1958
MLS® Number 12388979

Property Address: 122 E State St, North Aurora, IL, 60542-1665

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number12388979
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1958
BasementNone
DrivewayUnassigned, On Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Oct 1, 2025End Date
$450,000Sold Price

Sold

Jun 10, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
122 E State St, North Aurora, IL

Curious about your home's value?

Comparable Properties