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. High traffic intersection. Taxes are $38,000/yr, Maintenance & other expenses $12,000/yr; Total Expenses are $50,000/yr. Rent is $21,400/Month $256,800/yr. Net Annual income is $206,800. Cap Rate is 8.25%. 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.
View full listing details| Price: | $2,300,000 |
| Address: | 1187 N Farnsworth Avenue |
| City: | Aurora |
| County: | Kane |
| State: | Illinois |
| Zip Code: | 60505 |
| MLS: | MRD10572962 |
| Year Built: | 1982 |
| additionalparcelsyn: | yes |
| caprate: | 8.25 |
| cooling: | Central Individual |
| daysonmarket: | 225 |
| electric: | Circuit Breakers |
| grossincome: | 256800 |
| grossscheduledincome: | 256800 |
| internetautomatedvaluationdisplayyn: | no |
| listagentemail: | nedmalley@aol.com |
| listagentfirstname: | Ned |
| listagentfullname: | Ned Malley |
| listagentlastname: | Malley |
| listagentmlsid: | MRD602643 |
| listagentmobilephone: | 708-296-1295 |
| listagentofficephone: | 708-296-1295 |
| listingOfficeName: | Infiniti Properties, Inc. |
| listingcontractdate: | 2019-11-13T00:00:00+00:00 |
| listofficemlsid: | MRD26364 |
| listofficephone: | 708-206-3000 |
| listofficeurl: | http://InfinitiProperties.Net |
| lotsizedimensions: | 136X211 |
| lotsizesquarefeet: | 39204 |
| mlgcanview: | 1 |
| mlsareamajor: | Aurora / Eola |
| mlsstatus: | Active |
| mrdAag: | 26-35 Years |
| mrdAon: | no |
| mrdApn: | (708) 296-1295 |
| mrdApt: | 12 |
| mrdB78: | no |
| mrdBoardnum: | 10 |
| mrdComppaidon: | Gross Sale Price |
| mrdEpy: | 2018 |
| mrdExs: | Owner Projection |
| mrdFpr: | Fire Extinguisher/s |
| mrdGeo: | Far West |
| mrdHvt: | Forced Air |
| mrdIdx: | Y |
| mrdInfo: | No Sign on Property |
| mrdLoLocation: | 26364 |
| mrdManagingbroker: | no |
| mrdMc: | Active |
| mrdNoy: | 2018 |
| mrdRecordmoddate: | 2020-06-24T20:07:43.000Z |
| mrdRemarksinternet: | no |
| mrdSci: | None |
| mrdSmi: | 21400 |
| mrdSto: | 8 |
| mrdUd: | 2020-06-24T20:07:43 |
| mrdVirtualphotos: | no |
| mrdVt: | None |
| netoperatingincome: | 206800 |
| numberofunitstotal: | 20 |
| operatingexpense: | 50000 |
| originalentrytimestamp: | 2019-11-13T16:49:43+00:00 |
| originallistprice: | 2500000 |
| originatingsystemmodificationtimestamp: | 2020-06-24T20:07:43+00:00 |
| originatingsystemname: | mred |
| parcelnumber: | 1513101023 |
| parkingtotal: | 50 |
| previouslistprice: | 2500000 |
| propertyType: | Mixed Use |
| statuschangetimestamp: | 2020-01-16T06:05:49+00:00 |
| stories: | 2 |
| taxannualamount: | 38000 |
| taxyear: | 2018 |
| tenantpays: | Varies by Tenant |
| township: | Aurora |
