232-234 W Downer Place

Aurora, IL
$ 499,900 Beds 1 Baths 0
Monthly Estimate* How much can I afford?

EXTREMELY RARE TO THE MARKET FULLY RENTED 8 UNIT WITH VALUE ADD POTENTIAL. 8 X 1 BEDROOM UNITS WITH POSSIBLE 9TH UNIT IN THE BASEMENT. OWNER PAYS HEAT, COMMON ELECTRIC AND WATER. TENANT PAYS ELECTRIC, HOT WATER AND COOKING GAS. ROOM FOR RENTS TO BE RAISED. MOST ON MONTH TO MONTH LEASES. THE PROPERTY IS WITHIN BLOCKS OF DOWNTOWN AURORA, THE PARAMOUNT THEATER, HOLLYWOOD CASINO, KA DANCE STUDIO, WYCKWOOD HOUSE, METRA TRAIN STATION, RESTAURANTS, SHOPPING AND MORE...

Contingent

  • Price
  • $ 499,900
  • Lot Size
  • 0.35 Acres
  • Bedrooms
  • 1
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Aurora
  • Taxes
  • $ 8849
  • County
  • KANE
  • Style
  • Area
  • Aurora - Eola
  • MLS#
  • 11238784
  • Zip
  • 60506
Listing Provided by: eXp Realty, LLC
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City Aurora
Contingency Attorney/Inspection
County Kane
Days on Market 38
Directions North on Lake, West on Downer Place
Electric Expense 500
Fuel Expense 2557
Grossincome 71640
Insurance Expense 4970
MLS Area Aurora / Eola
Maintenanceexpense 5388
Net Operating Income 27083
Operatingexpense 27083
Property Type Commercial Sale
Property Type Multi Family 5+
Standard Status Active Under Contract
Status Contingent
Stories 2
Street Name Downer
Tax Annual Amount 8849.7
Tax Year 2020
Tenant Pays Electricity, Hot Water
Total Units 8
Township Aurora
Trash Expense 1777
Water Sewer Expense 6926
Year Built 1925

Interior Features

Buyerofficeemail cuperq@sbcglobal.net
Street Suffix Place

Exterior Features

Buyerofficefax (630) 566-2380
Lot Dimensions 15, 660
Lot Size Acres 0.35
Total Parking 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Naperville, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/5/2021 Listed $499,900

Property vs Zip Code Average in 60506

Price
AVG $240K
$500K
Taxes
AVG $5,088
$8,849
Visits
AVG 21
13
Year Built
AVG 1958
1925
Walkscore
AVG 41
82
Data Provided by Walkscore ® not using MLS data

Map

232-234 W Downer Place Aurora, IL is a Single Family Home for sale at $499900 and a lot size of 0.35 Acres Acre(s). 232-234 W Downer Place Aurora has 1 bedrooms, 0 baths and was built in 1925. The property's zip code is 60506 which is in Aurora, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.