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  • Price$2,900,000
  • Built1982

1187 North Farnsworth Avenue, Aurora

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. All tenants are on Month-to-Month rental basis. High traffic intersection. Taxes are $40,584/yr, Rental income is $258,240/yr. Cap Rate is 6.89%. Net Income is $199,801. SELLER FINANCING available with 25% down. Newest improvements (2023) include: * Asphalt repair * Underground electrical cables replacement * Roof Repair * New stairs * New electronic panels 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.

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Essential Information

  • MLS® #11961705
  • Price$2,900,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1982
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive
  • Taxes$40,584

Interior

  • CoolingCentral Individual

Listing Details

  • Listing OfficeInfiniti Properties, Inc.

Community Information

  • Address1187 North Farnsworth Avenue
  • AreaAurora / Eola
  • CityAurora
  • CountyKane
  • StateIL
  • Zip Code60505

Additional Information

  • Days on Market114
  • ZoningRTAIL

Price Change History for 1187 North Farnsworth Avenue, Aurora, IL (MLS® #11961705)

Date Details Price Change
Active (from New) – –
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Listing information last updated on May 8th, 2024 at 11:08am CDT.