122 East State Street

North Aurora, IL 60542

$500,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to purchase a North Aurora 4 flat directly east of the North Aurora Riverfront Park. Quiet secluded street. Single story building with all one bedrooms. New roof (2024), new water heater (2024), and newer furnace. Currently ~53K of income with last unit being rented for 1500. All units at that level would be 72K of income. Room to grow the rents by upgrading units or just improving MTM rents. 3 Units MTM allows for easy owner occupancy.Great opportunity to purchase a North Aurora 4 flat directly east of the North Aurora Riverfront Park. Quiet secluded street. Single story building with all one bedrooms. New roof (2024), new water heater (2024), and newer furnace. Currently ~53K of income with last unit being rented for 1500. All units at that level would be 72K of income. Room to grow the rents by upgrading units or just improving MTM rents. 3 Units MTM allows for easy owner occupancy.
  1. Listed by Edward Liss • Triton Realty Group LLC
  2. Listed by Victor Colon • Triton Realty Group LLC

Property Details for 122 East State Street

Area
North Aurora
Township
Aurora
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas, Forced Air

Open Houses

Saturday, Nov 23rd

10:30 AM - 11:30 PM

Public

LISTING UPDATED: 11/21/2024 12:02 AM

Property Details for 122 East State Street

StatusNew
MLS #12214060
Days on Market5
Taxes$6,926 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1958
Lot Size0.19 AC / 8,276 SF
CountyKane County

Building Information for 122 East State Street

Stories-Residences4Year Built1958Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 122 East State Street

General Information
School Information
  • Elementary School District: 129
  • Elementary School: Schneider Elementary School
  • Jr High Middle School: Herget Middle School
  • High School District: 129
  • High School: West Aurora High School
  • Middle Or Junior School District: 129
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 4
  • Basement Description: Slab
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 8276
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: None
  • South Coordinate: 4
  • West Coordinate: 35
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $1,200.00
  • Gross Income: $52,980.00
  • Insurance Expense: $1,992.00
  • Maintenance Expense: $800.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Actual
  • Manager Expense Source: BP
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Trash Expense Year: 2024
  • Water Expense Source: Actual
  • Net Operating Income: $40,468.00
  • Professional Management Expense: $.00
  • Trash Expense: $516.00
  • Water Sewer Expense: $1,078.00
  • Other Expenses $: 0
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $915.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM
Unit 4
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 12/26

Property History for 122 East State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 East State Street

Taxable ValueLand$8,710Additions$75,319Total$84,029
Tax Record2023$6,926 ($577 / month)
Home Facts
Beds0Total Finished SqFt2,240 SqFtAbove Grade Finished SqFt2,240 SqFtStories1Lot Size8,403 SqFtStyleSingle Family ResidenceYear Built1958CountyKANEAPN15-03-151-021

Schools near 122 East State Street

This home is within Aurora West Community Unit School District 129.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Schneider Elementary School
PublicK to 5

Herget Middle School
Public6 to 8

West Aurora High School
Public9 to 12

Hope D Wall Tmh Child Development Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

122 East State Street is a multi-family home for sale in North Aurora, IL 60542. This property was listed for sale on November 20, 2024 by Triton Realty Group LLC, it's currently listed at $500,000. It has been on the market for a total of 5 days and was last sold on June 24, 2020. This listing's school district is Aurora West Community Unit School District 129. Nearby schools include Schneider Elementary School, Herget Middle School and West Aurora High School. 122 East State Street is a 4-bed, 4-bath, multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triton Realty Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/21/2024 12:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.