1187 N Farnsworth Avenue Aurora, IL 60505
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyKane
- Taxes$40,584
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusActive
- MLS ID Number12111563
- Home Size Source N/A
- Year Built1982
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1187 N Farnsworth Avenue Aurora, IL 60505
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General Features
- Electric Circuit Breakers
- Number of Stories 2
- Property Sub Type Mixed Use
- Zoning RTAIL
- Number Of Stories 2
Interior Features
- Cooling Central Individual
Community Features
- Township Aurora
- MLS Area Aurora / Eola