Address
1187 N Farnsworth Avenue Aurora, IL
Price
$ 2,300,000
Property Attributes
  • MLS#10572962
  • TypeCommercial
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • NeighborhoodNortheast Aurora
  • Zip60505
  • Style
  • Year Built1982
  • Taxes38000
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Infiniti Properties, Inc.
Property Description

Multi-tenant mixed used investment property with 8 retail rental units and 12 one-bedroom apartments, located at the corner of Farnsworth and Indian Trail. High traffic intersection. Taxes are $38,000/yr, Maintenance & other expenses $12,000/yr; Total Expenses are $50,000/yr. Rent is $21,400/Month $256,800/yr. Net Annual income is $206,800. Cap Rate is 8.25%. Busy southeast corner of Indian Trail and Farnsworth, strategically located next to McDonalds and across the street from Walgreens. N. Farnsworth sees 28,800 vehicles per day, and E. Indian Trail sees 14,400.

Price History
11/13/2019 Listed $2,500,000
1/10/2020 8% - $2,300,000

General Features

Property SubType Apts/Stores
Property Type Mixed Use
Property Type Commercial Sale
Standard Status Active
Zoning RTAIL

Exterior Features

Lot Dimensions 136X211

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60505

Price
AVG $450K
$2.3M
Taxes
AVG $9,725
$38,000
Visits
AVG 47
68
Year Built
AVG 1949
1982
Walkscore
AVG 68
64
Data Provided by Walkscore ® not using MLS data