1115 Kane Street Aurora, IL $ 359,900
1115 Kane Street
$ 359,900
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1115 Kane Street

Aurora, IL, 60505
$ 359,900
Bedrooms5 Baths2.0

Monthly Estimate*

$ 2,486

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Multi-Family Home for sale in Aurora, IL

for $359,900 with 5 bedrooms and 2 full baths. This home was built in 1973 on a lot size of 0.17.

Turnkey investment or live in opportunity! This 2 unit features exceptionally low-overhead. The upstairs unit is currently rented at $1275/month and the tenants have been there for over 10 years with excellent payment history. Downstairs unit was just remodeled, giving you the flexibility to either find your own tenant, or live in the bottom and collect income from the upper unit. Tenants pay all their own separately metered electric and water, leaving the owner with minimal expenses. Currently, the owner only pays $1,500 per year for lawn care and snow removal. The upper unit is a spacious 3-bedroom, 1-bathroom home occupied by an exceptional, reliable tenant of ten years currently paying $1,275 per month, benefiting from updated vinyl siding, upper-level windows, an electric heater, and a water heater replaced approximately ten years ago. The lower unit is a vacant, fully remodeled 2-bedroom, 1-bathroom projected to rent at $1,500 or more per month. This unit is showcasing brand-new windows, cabinets, a stylish bathroom, doors, trim, appliances, an electric heater, and a new water heater. Ample parking is provided with five exterior spots. There is also an on-site shared laundry room-already separately metered for each unit. There are currently no washer/dryers in the laundry room so this presents an immediate value-add avenue to generate additional monthly revenue through coin-operated machines, making this property an effortless addition to any income-focused portfolio.

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Multi-Family Active

Price

$ 359,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,733

Style

Lot Size

0.17

Year Built

1973

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12796087

Features
General
Sewer Public Sewer
Heating Electric
Possession Closing
Roof Asphalt
Zoning MULTI
Construction Materials Vinyl Siding Brick
Year Built 1973
Township Aurora
Tax Year 2025
Ownership Fee Simple
Gross Income 33300
County Kane
Insurance Expense 2000
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status New
Directions From New York St head North on Trask to Kane. East to subject.
High School East High School
City Aurora
High School District 131
MLS Area Aurora / Eola
Elementary School Edna Rollins Elementary School
Tax Annual Amount 5733.6
Electric Expense 0
Middle/Junior High School C F Simmons Middle School
Water Sewer Expense 0
Standard Status Active
Middle/Junior School District 131
Elementary School District 131
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Interior
Basement Finished Daylight
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Unassigned Yes Owned
Water Source Public
Total Parking 5
Lot Dimensions 50 x 145
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

ktm.mcmahon@gmail.com;keith.mcmahon@compass.com

Email

Affordability Calculator

$2,963
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,486
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5535837 Elementary School
1538215 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$359,900 Listed Price

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1115 Kane Street, Aurora, IL, 60505 is a Multi-Family Home for sale at $359,900 with a lot size of 0.17. 1115 Kane Street has 5 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 60505 which is in Aurora, IL