Sold for $275,000 on 5/20/24
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 4 |
— |
1910 |
— |
0 |
$6,688 |
403 days |
Multi-family unit in close proximity to Fox River, shopping, expressways, schools, and parks. This 2-flat has had some of the expensive updates done, but needs more TLC, so doesn't show as well as it could. NEW Roof, NEW gutters, and NEW Furnace boiler in 2021. NEW water heaters for all units in 2022. Low maintenance - Tenants pay all the utilities and handle snow removal, so it is a building that is easy to manage, and has great cash flow. This property needs some additional updates and repairs and is sold in AS-IS condition. If you don't mind taking on a fixer-upper, it's a great opportunity to pick up a steady income-producing property at a good price. The Cap Rate (return based on the net operating income/sale price) is 10.46% which is extremely high. Rent Roll and Expenses available upon request.
Listing courtesy of Executive Realty Group LLC
523 Grand Ave. is a multi-unit home built in 1910, and is located in Aurora, IL. It has 4 bedrooms and — bathrooms, and has annual property taxes of $6,688.
Marco Amidei
(888) 32-Marco (847) 630-4886
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 MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) 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. Information Deemed Reliable but Not Guaranteed. 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.
© 2025 Midwest Real Estate Data LLC. All rights reserved.
