122 E State Street, North Aurora, IL 60542

Local realty services provided by:ERA Naper Realty
#1#2#3
122 E State Street,North Aurora, IL 60542
$499,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:victor colon
Office:triton realty group llc.
MLS#:12388979
Source:MLSNI

Price summary

  • Price:$499,000

About this home

Great opportunity to purchase a strong cash flowing 4 flat in North Aurora that is directly east of the North Aurora Riverfront Park. Quiet secluded street with all one bedrooms. New roof (2024), new water heater (2024), and new furnace/ electric panels. Property could use new parking lot and units could be updated down the road further to boost rents more. However property still operates around an 8.5 CAP currently. Rents at ~59k of income with last unit rented at $1500. Room to grow rents to 6k a month or 72k. All units heated by one furnace. Tenants pay own electric. Improve the rents by upgrading 2 mtm units. Great return day one! Perfect first investment or expand an existing portfolio in North Aurora.

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Home facts

  • Year built:1958
  • Listing Id #:12388979
  • Added:65 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1958
  • Lot area:0.19 Acres

Schools

  • High school:West Aurora High School
  • Middle school:Herget Middle School
  • Elementary school:Schneider Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Tax amount:$7,158 (2024)
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