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Listed by Venkat Chatakonduof Sohum Realty, Inc.
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Est. payment | /mo
6,532 SqFt
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Est. payment | /mo
6,532 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,532 sqft
MLS Listing ID 12552481
Year Built 1931
Annual Tax Amount $12,600
Tax Year 2024
Lot Size 0.330 Acres
Lot Dimensions 81.4 X 180.2X81.4X179.23
Property Sub-Type Multi Family 5+
Property Description
Well-maintained and professionally landscaped, 304 Hankes Ave is a turnkey 9-unit multifamily investment in Aurora's desirable Pigeon Hill neighborhood, offering a strong unit mix of six spacious 2-bedroom units and three comfortable 1-bedroom units with no association and low utility costs. Most units have been renovated with new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating, ensuring long-term reliability and reduced maintenance. Apartments feature hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry, designed for tenant appeal and easy upkeep. Each unit includes two designated parking spaces, while long-term tenants provide stable income. The property benefits from additional revenue through coin-operated laundry and rentable private basement storage units, and recent capital improvements, including a newer roof, further enhance value. Fully occupied building, this asset offers excellent cash flow and a solid return for both new and seasoned investors. Please do not disturb tenants.
Location
State IL
County Kane
Zoning MULTI
Rooms
Basement Other, Bath/Stubbed, Storage Space
Interior
Cooling Exhaust Fan, Heat Pump, Wall Sleeve
Fireplace Y
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Storm Sewer
Water Municipal Water
Structure Type Wood,Frame
Others
HOA Fee Include None
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