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$2,395,000
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Property Description
16 unit multifamily building with 15 units offering a 2 bed/1 bath arrangement and 1 unit offering a 1 bed/1 bath arrangement. On-site coin operated laundry offering 2 washers/2 dryers leased by WASH with six years remaining on lease agreement. All units have been updated in past five years with new shower surrounds, flooring, lighting, window treatments, appliances, air conditioners, and most heating elements replaced. Parking lot replaced in 2019. Mansard Roof replaced in 2020. Fencing around property replaced in 2023. All residents receive two parking stalls reserved (except from one bedroom). Residents only responsible for electric bill as water bill is included and no gas services property. Building backs to Gilman bike path. Minutes from I88 expressway and new casino being built next to Premium Outlet Mall. All apartments on 12-24 month leases at this time.
Full Property Details
Full Property Details for 1655 Felten Rd
General
- Sold For: $2,395,000
- Taxes: $30,888 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12460277
- Added to Site: 136 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Hydrants on Site, Smoke or Fire Protectors
Location
- Area: Aurora / Eola
- County: Kane
- Driving Directions: I-88 TO FARNSWORTH(SOUTH) TO MOLITOR (EAST) TO FELTEN RD. PARK IN VISITOR PARKING STALLS.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric
Structural Information
- Construction: Brick, Wood, Shingle Siding
- Exterior Const.: Brick, Wood, Shingle Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 13,568
- Current Bldg. Use: Multi-Family
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 16
- Units w/Range/Oven: 16
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.77
- Lot Dimensions: 176.67 x 138.38
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $63,557
- Security Deposit: Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors
- Assessment Year: 1974
- Tax Amount: $30,888
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 1512256015
Listed by Chicagoland Realty Group Partners LLC
Sold by ARNI Realty Incorporated
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Schools
Schools serving 1655 Felten Rd
School District:Aurora East Unit School District 131
| Name | Grades | Distance |
|---|---|---|
Mabel O Donnell Elementary School 1640 Reckinger Road, Aurora, IL 60505 | PK-5 | 0.5 mi |
C F Simmons Middle School 1130 Sheffer Road, Aurora, IL 60505 | 6-8 | 1.2 mi |
East High School, Aurora, IL 500 Tomcat Lane, Aurora, IL 60505 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1655 Felten Rd
Date
Details
Price
Change
Source
10/30/2025
Sold
$2,395,000
—
MLS
9/02/2025
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1655 Felten Road, Aurora, IL 60505 (MLS# 12460277) is a Commercial property that was sold at $2,395,000 on October 30, 2025. Want to learn more about 1655 Felten Road? 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.

