Hard to find auto or industrial building on the east side of Aurora near Farnsworth - not far from I-88. This is a 3-unit building that has been used as 3 auto repairs shops for decades. It is perfect for auto repair, body work and a paint booth is included. The spaces could also be used for industrial or warehouse. The building needs a little TLC. The rent potential is probably $150,000 per year!
Multi-tenant mixed used investment property with 8 retail rental units and 12 one-bedroom apartments, located at the corner of Farnsworth and Indian Trail. All tenants are on Month-to-Month rental basis. High traffic intersection. Taxes are $40,584/yr, Rental income is $258,240/yr. Cap Rate is 6.89%. Net Income is $199,801. SELLER FINANCING available with 25% down. Newest improvements (2023) include: * Asphalt repair * Underground electrical cables replacement * Roof Repair * New stairs * New electronic panels Busy southeast corner of Indian Trail and Farnsworth, strategically located next to McDonalds and across the street from Walgreens. N. Farnsworth sees 28,800 vehicles per day, and E. Indian Trail sees 14,400.
ATTENTION INVESTORS... This property prints money! This turn of the century Aurora mansion sits on slightly over 1 acre land (truly hard to find in the heart of city!). The Mansion with impressive curb appeal has been converted to 10 studio and/or 1 bedroom, 1 bathroom apartments. There is plenty of tenant parking with 18 spaces and room for more. All electric and plumbing has been updated within the last 12 months. Common area interiors have been freshly painted. Ceilings in common areas have all been redone and painted. Several common area windows have been replaced. New flooring in common areas are currently being installed. Very easy access to shops, restaurants and all that historic downtown has to offer. All units are occupied and in high demand. This building is very easy to rent and produces OVER $10K/month with the potential to go a lot higher. Whether you are looking to add to your investment portfolio or just getting started, this opportunity is definitely not one to miss! Schedule your showing TODAY!
Seller is NOW including the restaurant and fixtures as part of this offering. I deal opportunity to own the Business and Building with an extra unit for additional income. This is 0ne of 2 Side-by-Side Opportunities ( Each Opportunity includes 2 Commercial Rental Units - for a total of 4 possible rental Units ) for any Smart investor to own. Buy 1 or Buy them both, and most everything about them has been replaced, repaired, improved and/or upgraded. You can own the entire corner ( a total of 4 Commercial rental Units) just south and east of Downtown Aurora. Nestled in a quiet neighborhood, either opportunity has Commercial Kitchen opportunities. Restaurant is an active Tenant, and owns most equipment separately.
This is 0ne of 2 Side-by-Side Opportunities ( Each Opportunity includes 2 Commercial Rental Units - for a total of 4 possible rental Units ) for any Smart investor to own. Buy 1 or Buy them both, and most everything about them has been replaced, repaired, improved and/or upgraded. You can own the entire corner ( a total of 4 Commercial rental Units) just south and east of Downtown Aurora. Nestled in a quiet neighborhood, either opportunity has Commercial Kitchen opportunities.
The median home value in Aurora, IL is $245,800. This is lower than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Aurora, IL is $245,800. Approximately 63.66% of Aurora homes are owned, compared to 31.75% rented, while 4.59% are vacant. Aurora real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Aurora real estate agent to arrange a tour today!
Aurora, Illinois 60505 has a population of 183,447. Aurora 60505 is more family-centric than the surrounding county with 42.63% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Aurora, Illinois 60505 is $79,642. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Aurora 60505 is 35.2 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 38.2 inches per year, with 28.2 inches of snow per year.