Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
5 Properties Within 0.5 miles of: 20 Jackson, Aurora

20 Jackson
Aurora, IL 60505

  • Built In 1907
Price

$1,345,000

Est Payment
$7,951 / month (details)  
Taxes
$9,852  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
129X160  
Built
1907  
Neighborhood
Aurora / Eola  
MLS
#11870467
Status
Expired

Property Description

Here is your investment opportunity: a truly turnkey building in the Hot Aurora Area, this super solid brick building has 11 units that currently are ALL occupied. We are looking at a gross annual income of $125,700 and a total expense of $21,432, do the math, you will not find many like this great investment! Also, take in mind that most of these units are currently below market value, imagine the possibilities! Building consists of Nine units with 1 Bedroom 1 Bathroom, - One unit with 2 Bedroom 1 Bathroom - and One unit with 3 bedroom 1 bathroom. This property has been meticulously taken care of by seller who has been running the family business from this building. Big improvements have been made in the past few years. The roof was replaced 5 years ago, and almost all water heaters have been replaced in the past 2 years, all newer vinyl windows. Based on the yearly income and expenses, this building will give you immediate cash flow. Basement has the improvements necessary for a laundry room, this could leave you with more cash in your pockets. Never struggle with the tenants bills, each unit has its own utilities, everything from separated Water heater, Water meter, Gas meter, Furnace, Electric Panel it is all divided, what else could you ask for?! Built on an oversized lot, there is always plenty of parking spaces for tenants and a green area for residents and their kids.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$7,130
Property Tax
$821
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-30-2023 Listed at $1,350,000
12-14-2023 Price decreased by $5,000 to $1,345,000
03-01-2024 Status changed to Expired
Last Modified 3/1/24 12:05 AM

Nearby Transportation

  • Burlington Northern 0.5 mi
  • Hwy 56 East 2.9 mi
  • I 88 East 2.9 mi
  • I 88 West 2.9 mi
  • Hwy 56 West 2.9 mi
grid
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