365 West Illinois Avenue

Aurora, IL 60506

$478,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceptional property features a great mixed-use two-story brick building in a prime location with high visibility and excellent traffic exposure. Located at the corner of Illinois and Pennsylvania Avenue, directly across from the school. the building boasts a restaurant and a beauty salon on the first floor, along with a three-bedroom and a one-bedroom apartment on the second floor. Additionally, it offers a spacious full dry basement with both exterior and interior access. With numerous updates,...This exceptional property features a great mixed-use two-story brick building in a prime location with high visibility and excellent traffic exposure. Located at the corner of Illinois and Pennsylvania Avenue, directly across from the school. the building boasts a restaurant and a beauty salon on the first floor, along with a three-bedroom and a one-bedroom apartment on the second floor. Additionally, it offers a spacious full dry basement with both exterior and interior access. With numerous updates, this property presents an outstanding investment opportunity that should not be overlooked.
  1. Listed by Cesar Estrada • Worth Clark Realty

Property Details for 365 West Illinois Avenue

Area
Aurora / Eola
Township
Aurora
Zoning
COMMR
LISTING UPDATED: 12/09/2024 12:07 AM

Property Details for 365 West Illinois Avenue

StatusActive
MLS #12056509
Days on Market218
Taxes$10,838 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1929
Lot Size0.12 AC / 5,227 SF
CountyKane County

Building Information for 365 West Illinois Avenue

Stories2Residences4Year Built1929Lot Size0.12 AC / 5,227 SF

Property Information for 365 West Illinois Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Flooring: Varies
  • Heat/Ventilation: Gas
  • Misc Inside: Multi-Tenant,Private Restroom/s,Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 51.50X98.50
  • Lot Size Square Feet: 5227.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Wood Frame
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Buyer Financing: Conventional, Contract, Cash
  • Public Document Count: 0
  • Photos Count: 18
Miscellaneous
  • Current Use: Commercial
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $60,600.00
  • Gross Scheduled Income: $60,600.00
  • Insurance Expense: $.00
  • Known Encumbrances: First Mortgage
  • Total Monthly Income: 5050
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 365 West Illinois Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 365 West Illinois Avenue

Taxable ValueLand$12,960Additions$113,573Total$126,533
Tax Record2023$10,838 ($903 / month)
Home Facts
Total Finished SqFt4,046 SqFtAbove Grade Finished SqFt4,046 SqFtStories2Lot Size5,073 SqFtStyleMiscellaneous CommercialYear Built1929CountyKANEAPN15-16-431-014

Schools near 365 West Illinois Avenue

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

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365 West Illinois Avenue is a mixed use property for sale in Aurora, IL 60506. This property was listed for sale on May 14, 2024 by Worth Clark Realty, it's currently listed at $478,500. It has been on the market for a total of 218 days and was last sold on August 13, 2018. This listing's school district is Aurora West Community Unit School District 129. Nearby schools include Hill Elementary School, Herget Middle School and West Aurora High School. 365 West Illinois Avenue is a 0-bed, 0-bath, mixed use property built in 1929.

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 Worth Clark Realty

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 12/09/2024 12:07 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.