365 W Illinois Avenue Aurora, IL ^$ 479,000

365 W Illinois Avenue

^$ 479,000

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365 W Illinois Avenue

Aurora, IL, 60506

^$ 479,000

Studio Baths0.0

Monthly Estimate*

^$ 2,869

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Studio

Commercial Property for sale in Aurora, IL

for $479,000. This building was built in 1929 on a lot size of 0.119995.

This exceptional property features a great mixed-use two-story brick building in a prime location with high visibility and excellent traffic exposure. Located at the corner of Illinois and Pennsylvania Avenue, directly across from the school. the building boasts a restaurant and a beauty salon on the first floor, along with a three-bedroom and a one-bedroom apartment on the second floor. Additionally, it offers a spacious full dry basement with both exterior and interior access. With numerous updates, this property presents an outstanding investment opportunity that should not be overlooked.

Commercial Active

Price

^$ 479,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,838

Style

Commercial

Lot Size

0.119995

Year Built

1929

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12056509

Features

General

Cooling Central Air Window Unit(s)

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing

Zoning COMMR

Construction Materials Wood Frame

Year Built 1929

Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps

Tenant Pays Electricity Heat

Stories 2

Township Aurora

Property SubType Apts/Stores

Tax Year 2023

Current Use Commercial

Gross Income 60600

County Kane

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Multi-Family Retail

Status Active

Directions TAKE RT 31 (LAKE ST) NORTH TO ILLINOIS AVE W TO THE PROPERTY

City Aurora

NumberOfUnitsTotal 4

MLS Area Aurora / Eola

Lot Size Square Feet 5227

Tax Annual Amount 10838

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 96

Standard Status Active

Total Actual Rent 1300

Interior

Flooring Varies

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 51.50X98.50

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Worth Clark Realty

Broker

ceaues@yahoo.com

Affordability Calculator

$3,772

Per Month

Monthly Principal & Interest: $2,869
Monthly Property Taxes: $903
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 5.99% 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 ^$926,795

Percent of Sale Price 93%

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
5/15/2024	$479,000		Listed Price

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365 W Illinois Avenue, Aurora, IL, 60506 is a Commercial Property for sale at $479,000 with a lot size of 0.119995. 365 W Illinois Avenue is a studio with 0.0 baths and was built in 1929. 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 5.99% 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 9/22/2024.

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365 W Illinois Avenue

Commercial Property for sale in Aurora, IL

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