Recently Viewed Properties
1 North Broadway, Aurora, IL 60505

$849,900

  • For Sale
  • Active
  • Commercial
  • 18,768 Sq. Ft.
  • 20 Parking Spaces
1 North Broadway, Aurora, IL 60505 View this property at 1 North Broadway, Aurora, IL 60505
1 North Broadway Aurora IL 60505

Property Description

Terrific cashflow here! 3-story multi-unit building! Retail spaces on 1st floor. Second floor has 11 studio or 1-bedroom apartments that are fully rented. Bring your ideas for the HUGE 3rd floor bonus space that is plumbed and wired for kitchen. Private courtyard. Modern copper plumbing and over $10,000 in recent electrical upgrades. Roofs were recently inspected and sealed. Fantastic location on a well-trafficked corner, just blocks to train, bus, free public parking, Paramount Theater and casino. Purchase price is at a 8.39% cap rate, and adding apartments on the 3rd floor would bring it to more than 12%! Please call to get investor analysis reports. Here's your opportunity to make a great return on your investment AND own a piece of
Aurora's story! Don't miss this one! Make your appointment today!

Full Property Details for 1 N Broadway

  • Price: $849,900
  • Taxes: $16,084 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09659382
  • Updated: 6/20/2017
  • Added: 187 day(s) ago

Property History

  • 1 N Broadway, Aurora, IL
  • Listed at $849,900 on 6/13/17

Interior

  • Number of Rooms: 3
  • Interior Features: Storage Inside, Laundry Room

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Exterior

  • Exterior Features: Curbs and Gutters, Sidewalks

Parking

  • Total Spaces: 20
  • Parking Features: 19 to 30 Spaces, Public Lot
  • Parking: 19 to 30 Spaces, Public Lot

Location

  • Area: Aurora / Eola
  • County: Kane
  • Township: AURORA
  • Driving Directions: Route 25 to Broadway. Northeast corner of Broadway and Galena.

Heating & Cooling

  • Cooling Type: Window Air Conditioning
  • Heating Type: Steam, Radiant

Utilities

  • Onsite: Sanitary Sewer to Site, Municipal Water

Structural Information

  • Structure Type: Corridor (Exterior Entrance), High-Rise
  • Construction: Brick, Stone, Wood Frame
  • Exterior Const.: Brick, Cedar
  • Foundation: Stone
  • Roof: Flat
  • Stories/Levels: 3
  • Square Feet: 18,768
  • Current Bldg. Use: Residential (Multifamily), Other
  • Year Built: 1904
  • Built Before 1978: Yes
  • Remodeled/Updated: 2017

Unit Information

Unit 1

  • Number of Units: 6

Unit 2

  • Number of Units: 5
  • Bedrooms: 1

Unit 3

  • Number of Units: 6

Unit 4

  • Number of Units: 1

Lot Features

  • Lot Size (Sq. Ft.): 7,920
  • Lot Dimensions: 66 x 120
  • Potential Use: Commercial, Residential (Multifamily)
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $16,084
  • Tax Year: 2015
  • Terms: Conventional
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Ownership: Individual
  • APN: 1522332017

Listed by Keller Williams Infinity

Quickly Find Out More

We Value Your Privacy

Estimate the Cost

1 North Broadway will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1 North Broadway, Aurora, IL 60505 (MLS# 09659382) is a Commercial property. 1 North Broadway is currently listed for $849,900 and was received on June 13, 2017. Want to learn more about 1 North Broadway? Do you have questions about finding other Commercial real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams Infinity

View more homes