IL > North Aurora
North Aurora, IL 60542,122 E State ST
North Aurora, IL 60542,122 E State ST
North Aurora, IL 60542,122 E State ST
North Aurora, IL 60542,122 E State ST
North Aurora, IL 60542,122 E State ST
North Aurora, IL 60542,122 E State ST
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Mario (Rio) Williams

Mario (Rio) Williams

+1(702) 374-9100
$ 515,000
Est. payment | /mo

4 Beds

4 Baths

8,276 Sqft Lot

Save
$ 515,000
Est. payment | /mo
Save

4 Beds

4 Baths

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12388979

Bedrooms 4

Maintenance Fees $800

Year Built 1958

Annual Tax Amount $7,158

Tax Year 2024

Lot Size 8,276 Sqft

Lot Dimensions 8276

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Kane

Area North Aurora

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Schneider Elementary School

Middle Schools Herget Middle School

High Schools West Aurora High School

School District 129 , 129, 129

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Victor Colon • Triton Realty Group LLC

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