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1187 N Farnsworth Avenue
Aurora IL 60505 US

$2,900,000

Active Listing ID 11961705
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$2,900,000

Active Listing ID 11961705
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1187 N Farnsworth Avenue 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2900000
  • unparsedaddress: 1187 N Farnsworth Avenue
  • postalcity: Aurora
  • stateorprovince: IL
  • country: US
  • postalcode: 60505
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • listagentfullname: Ned Malley
  • listagentemail: nedmalley@aol.com
  • listagentkey: 3yd-MREDIL-602643
  • listagentmlsid: 602643
  • listagentpreferredphone: 7082961295
  • listagentofficephone: 7082063000
  • listofficekey: 3yd-MREDIL-26364
  • listofficemlsid: 26364
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1982
  • listingcontractdate: 2024-01-15
  • listagenturl: http://InfinitiProperties.Net
  • countyorparish: Kane
  • parcelnumber: 1513101023
  • numberofunitstotal: 20
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11961705/?channel=rexren", "LeadRoutingEmail":"nedmalley@aol.com", "BrokerName":"Infiniti Properties Inc", "ListingTitle":"Apts/Stores - Aurora, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"MarkMcGee84@Gmail.com", "ListOfficeAddress1":"9566 W. 147th Street", "ListOfficeAddress2":null, "ListOfficeCity":"Orland Park", "ListOfficePostalCode":"60462", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Infiniti Properties Inc", "ListBrokeragePhone":"(708) 206-3000", "ListBrokerageEmail":"MarkMcGee84@Gmail.com", "ListBrokerageWebsiteUrl":"http://InfinitiProperties.Net", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"2401 West 183rd Street", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Homewood", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60430", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-15T14:19:02Z", "Neighborhoods":[{"Name":"Aurora / Eola", "Description":null}], "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":40584, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:28:31 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Ned Malley, Infiniti Properties, Inc., nedmalley@aol.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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