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365 W Illinois Avenue, Aurora, IL 60506
$479,000
365 W Illinois Avenue, Aurora, IL 60506View this property at 365 W Illinois Avenue, Aurora, IL 60506
365 W Illinois AvenueAuroraIL60506
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Property 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 property presents an outstanding investment opportunity that should not be overlooked.
Full Property Details
Full Property Details for 365 W Illinois Ave
General
- Price: $479,000
- Taxes: $10,838 (2023)
- Status: Active
- Type: Store
- MLS ID: 12056509
- Updated: 5/20/2024
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Basement
- Flooring: Varies
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: TAKE RT 31 (LAKE ST) NORTH TO ILLINOIS AVE W TO THE PROPERTY
- Location Details: Northwest Suburban, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Wood Frame
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Sub-Flooring: Varies
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: 51.50 x 98.50
- Frontage: City Street
- Potential Use: Commercial, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1929
- Tax Amount: $10,838
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 1516431014
Listed by Worth Clark Realty
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Schools
Schools serving 365 W Illinois Ave
School District:Aurora West Unit School District 129
Rating | Name | Grades | Distance |
---|---|---|---|
724 Pennsylvania Ave, Aurora, IL 60506 | K-5 | 0 mi | |
1550 Deerpath Rd, Aurora, IL 60506 | 6-8 | 3.6 mi | |
1201 W New York St, Aurora, IL 60506 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 365 W Illinois Ave
Date
Details
Price
Change
Source
5/14/2024
Listed
$479,000
91.6%
MLS
7/13/2018
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 365 W Illinois Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,220
4%
$115,450
7%
2021
$9,820
—
$107,485
8%
2021
$9,820
9%
$99,838
8%
2019
$9,045
-6%
$92,503
-4%
2018
$9,648
5%
$96,641
9%
2017
$9,164
-2%
$89,045
2%
2016
$9,310
-21%
$87,635
-16%
2015
$11,833
-18%
$104,130
-14%
2014
$14,346
-12%
$121,686
-15%
2013
$16,328
—
$142,845
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 365 W Illinois Ave
365 W Illinois Avenue, Aurora, IL 60506 (MLS# 12056509) is a Store property. 365 W Illinois Avenue is currently listed for $479,000 and was received on May 14, 2024. Want to learn more about 365 W Illinois Avenue? Do you have questions about finding other Store real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.