1038 Liberty Street Aurora, IL $ 1,275,000
1038 Liberty Street
$ 1,275,000
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1038 Liberty Street

Aurora, IL, 60505
$ 1,275,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 7,954

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Multi-Family Home for sale in Aurora, IL

for $1,275,000 with 7 bedrooms. This home was built in 1902 on a lot size of 1.05.

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 8 - 1 bedroom, 1 bathroom apartments & 2 studio apartments (10 UNITS TOTAL). There is plenty of tenant parking with 18 spaces and room for more. Electric and plumbing updates within the last 12 months. Common area interiors have been freshly painted. Ceilings in common areas have all been redone and painted. Many common area windows have been replaced. New flooring in common areas is scheduled to be 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 $11K/month with the potential to go a lot higher (2026 rents are projected to bring $12,200/mth). 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!

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 9,938

Style

Multi-Family

Lot Size

1.05

Year Built

1902

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12437053

Features
General
Utilities Sewer Connected Water Available
Possession Closing
Roof Composition
Zoning MULTI
Construction Materials Wood Vinyl Siding Stone
Year Built 1902
Electric Circuit Breakers
Tenant Pays None
Stories Count 3
Township Aurora
Tax Year 2024
Current Use Multi-Family
Gross Income 134400
County Kane
Net Operating Income 99161
Operating Expense 35239
Insurance Expense 4800
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status Active
Directions Farnsworth to Liberty Street (S) to Building
City Aurora
Number Of Units Total 10
MLS Area Aurora / Eola
Lot Size Square Feet 45850
Tax Annual Amount 9938
Electric Expense 5280
Fuel Expense 4313
Trash Expense 1980
Water Sewer Expense 8700
Additional Parcels Y/N N
Virtual Tour https://idx.paradym.com/idx/1038-Liberty-Street-Aurora-IL-60505/4871101/prt/45
Standard Status Active
Cap Rate 7.77
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Interior
Basement Unfinished
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Lot Dimensions 175X262
Lot Size Acres 1.05
Frontage Type City Street
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* Excluded Features
List By
Re/Max All Pro - St Charles

Broker

rullos@rullos.com

Email

Affordability Calculator

$8,783
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,954
Monthly Property Taxes
$828
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2025$1,275,000 Listed Price

Map


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1038 Liberty Street, Aurora, IL, 60505 is a Multi-Family Home for sale at $1,275,000 with a lot size of 1.05. 1038 Liberty Street has 7 bedrooms, 0.0 baths, and was built in 1902. The property's zip code is 60505 which is in Aurora, IL