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$359,900 Just Listed
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Property Description
Great opportunity to add a well-maintained, income-producing 2-unit property to your portfolio. Situated on a corner lot in Aurora, this building features two spacious units that have been completely rehabbed within the past five years. The lower unit rents for $1,545/month and the upper unit rents for $1,795/month. Tenants are responsible for gas, electric, and trash, helping keep owner expenses low. Additional income is generated through the shared coin-operated washer and dryer in the basement. The former detached garage has been converted into two private storage units, providing another additional income option. Conveniently located near downtown Aurora, Metra, shopping, restaurants, and major roadways, this is a solid investment with strong rental appeal. Photos taken prior to tenants moving in. As-is sale. Broker interest.
Full Property Details
Full Property Details for 121 N May St
General
- Price: $359,900
- Taxes: $6,727 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12707930
- Updated: 7/23/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Yes, Owned
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: West on Galena, Right on May St
School Information
- School District: 129
- Elem School District: 129
- Midd School District: 129
- High School District: 129
- Elementary School: Greenman Elementary School
- Middle School: Jefferson Middle School
- High School: West Aurora High School
- Private School: West Aurora High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1929
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 55 x 110
- Lot Features: Corner Lot
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,200
- Assessment Year: 1929
- Tax Amount: $6,727
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1521253001
Listed by Kaizen Realty Group
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Schools
Schools serving 121 N May St
School District:Aurora West Unit School District 129
| Name | Grades | Distance |
|---|---|---|
Greenman Elementary School 729 West Galena Boulevard, Aurora, IL 60506 | K-5 | 0.4 mi |
Jefferson Middle School, Aurora, IL 1151 Plum Street, Aurora, IL 60506 | 6-8 | 1 mi |
West Aurora High School 1201 West New York Street, Aurora, IL 60506 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 N May St
Date
Details
Price
Change
Source
7/21/2026
Listed
$359,900
112.96%
MLS
6/11/2021
Sold
$169,000
—
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 121 N May St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,727
6%
$82,791
12%
2023
$6,336
6%
$73,973
10%
2022
$5,975
4%
$67,494
7%
2021
$5,741
—
$62,837
8%
2021
$5,741
9%
$58,366
8%
2019
$5,288
2%
$54,078
4%
2018
$5,206
10%
$52,149
13%
2017
$4,752
5%
$46,176
8%
2016
$4,522
4%
$42,562
11%
2015
$4,342
8%
$38,205
12%
2014
$4,024
-3%
$34,137
-6%
2013
$4,130
—
$36,127
—
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 121 N May St
121 N May Street, Aurora, IL 60506 (MLS# 12707930) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 121 N May Street is currently listed for $359,900 and was received on July 21, 2026. Want to learn more about 121 N May Street? Do you have questions about finding other Multi-Family real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

