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USAILNorth Aurora122 E State St
122 E State St, Home with 4 bedrooms, 4 bathrooms and 4 parking in North Aurora IL | Image 1
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$515,000

122 E State St, North Aurora, IL

Real Estate

For Sale

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444
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $7,158
Days Active 4
Lot Size 
Approx. Age 1958
MLS® Number 12388979

Property Address: 

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.Show Description
MLS® Number12388979
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1958
BasementNone
DrivewayUnassigned, On Site
Garage Spaces
HeatNatural Gas, Forced Air
A/C
Heating Fuel

Extras

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