311 N LOCUST Street Aurora, IL ^$ 185,900

311 N LOCUST Street

^$ 185,900

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311 N LOCUST Street

Aurora, IL, 60506

^$ 185,900

Studio Baths0.0 Sq 3,200

Monthly Estimate*

^$ 1,299

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Studio

Commercial Property for sale in Aurora, IL

for $185,900. This 3,200 square foot building was built in 1904 on a lot size of 0.073462.

Three Unit Mixed Use with Great Visibility! Use one of the units for your business and collect rent from the other two or Rent them all and collect ALL the rents! Total 3200 sq ft On 2 Floors. 1st Floor huge unit features street level entry into Open Space for Retail Store/Office/Beauty Shop/Barber Shop/Nails Shop etc., with bath and private Office. Second floor features a 1 bedroom apartment with long term tenant and a 2nd Floor Office both with separate entrances. Upstairs space is ready to go and has Many Possibilities: Insurance, Attorney, Real Estate etc. Featuring Open Area, kitchen area, bath and 3 Private Offices. Why Rent when you can own your own building and collect rent from the other two spaces! 2nd floor office will be available for you upon sale. You choose which unit you want for your business!

Commercial Active

Price

^$ 185,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,169

Style

Commercial,Legal Non Conforming,Office

Lot Size

0.073462

Year Built

1904

Town/City

Aurora

County/Region

Kane

MLS | Web ID

11857240

Features

General

Cooling Central Air Window Unit(s)

Possession Negotiable

Zoning COMMR

Construction Materials Wood Frame

Year Built 1904

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 2

Township Aurora

Tax Year 2022

Current Use Commercial Legal Non Conforming Office

Gross Income 29004

County Kane

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Legal Non Conforming Office and Research Multi-Family Single Family Retail Zoning Change Required

Status Active

Directions WEST ON GALENA NORTH ON LOCUST PROPERTY WILL BE ON THE RIGHT SIDE OF THE STREET

City Aurora

Total Units 3

MLS Area Aurora / Eola

Lot Size Square Feet 3200

Street Name LOCUST

Tax Annual Amount 6169.44

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 221

Lease Type N/A

Standard Status Active

Total Actual Rent 0

Exterior

Foundation Details Stone

Building Area Total 3200

Lot Dimensions 48.49X66

Frontage Type City Street

Exterior Cedar

Interior

Street Suffix Street

* Excluded Features

List By

Compass Reo Incorporated

Broker

compassreooffers@gmail.com;compassreo@gmail.com

Affordability Calculator

$1,813

Per Month

Monthly Principal & Interest: $1,299
Monthly Property Taxes: $514
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Aurora, IL

Average List Price ^$940,200

Percent of Sale Price 406%

About Aurora, IL

196,909 Population

37% Since 2002

^$62,357 Median Income

32.79 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2024	$185,900	-4.13%	Price Down
1/4/2024	$193,900	-0.51%	Price Down
8/11/2023	$194,900		Listed Price

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311 N LOCUST Street, Aurora, IL, 60506 is a Commercial Property for sale at $185,900 with 3,200 sqft and a lot size of 0.073462. 311 N LOCUST Street is a studio with 0.0 baths and was built in 1904. The property's zip code is 60506 which is in Aurora, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/28/2024.

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311 N LOCUST Street

Commercial Property for sale in Aurora, IL

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