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$ 1,475,000

Est. payment -/mo

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Active

1038 Liberty ST Aurora, IL 60505

1.05 Acres Lot

UPDATED:

09/09/2024 03:53 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12013850

Year Built 1902

Annual Tax Amount $9,569

Tax Year 2023

Lot Size 1.050 Acres

Lot Dimensions 175X262

Property Description

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!

Location

State IL

County Kane

Area Aurora / Eola

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal, Water to Site

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Wood Frame

Listed by Alex Rullo • RE/MAX All Pro - St Charles

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