Re/max Professionals Select
Vipin Gulati, Re/max Professionals SelectPhone: (630) 747-5066
Email: [email protected]
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listing
1 of 32
CommercialFor Sale
$1,345,000
20 Jackson Place
Aurora, IL 60505
Courtesy of Coldwell Banker Realty
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
7,077Sq Ft
Est. Mortgage
$7,043/mo

Here is your investment opportunity: a truly turnkey building in the Hot Aurora Area, this super solid brick building has 11 units that currently are ALL occupied. We are looking at a gross annual income of $125,700 and a total expense of $21,432, do the math, you will not find many like this great investment! Also, take in mind that most of these units are currently below market value, imagine the possibilities! Building consists of Nine units with 1 Bedroom 1 Bathroom, - One unit with 2 Bedroom 1 Bathroom - and One unit with 3 bedroom 1 bathroom. This property has been meticulously taken care of by seller who has been running the family business from this building. Big improvements have been made in the past few years. The roof was replaced 5 years ago, and almost all water heaters have been replaced in the past 2 years, all newer vinyl windows. Based on the yearly income and expenses, this building will give you immediate cash flow. Basement has the improvements necessary for a laundry room, this could leave you with more cash in your pockets. Never struggle with the tenants bills, each unit has its own utilities, everything from separated Water heater, Water meter, Gas meter, Furnace, Electric Panel it is all divided, what else could you ask for?! Built on an oversized lot, there is always plenty of parking spaces for tenants and a green area for residents and their kids.

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