Property for Sale: 1187 N Farnsworth, Aurora, IL 60505

$2,900,000
$2,900,000
1187 N Farnsworth, Aurora, IL 60505
$2,900,000
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Price:
$2,900,000
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Type Commercial
Year Built 1982
City Aurora
County Kane
MLS 12111563
Status Active
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.

Lot & Building Features

Cooling Central Individual
Tax Year 2022
Lot Dimensions 136X211 ft

Price History of 1187 Farnsworth, Aurora, IL

Date Name Price Difference
12/31/1969 Listing Price $2,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Inquire about this property

Photo of Pam Decker
Direct: 708-363-1925
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Infiniti Properties, Inc., Ned Malley
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1187 Farnsworth (MLS #12111563) is a commercial listing located in Aurora, IL. This property was listed on 07/15/2024 and has been priced for sale at $2,900,000.

Nearby zip codes are 60140, 60178, 60502, 60506 and 60542. This property neighbors other cities such as Eola, Hampshire, North Aurora, Pingree Grove and Sycamore.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Infiniti Properties, Inc.