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311 N Locust Street, Aurora, IL 60506
$185,900
311 N Locust Street, Aurora, IL 60506View this property at 311 N Locust Street, Aurora, IL 60506
311 N Locust StreetAuroraIL60506
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Property Description
Three Unit Mixed Use with Great Visibility! Use one of the units for your business and collect rent from the other two or Rent them all and collect ALL the rents! Total 3200 sq ft On 2 Floors. 1st Floor huge unit features street level entry into Open Space for Retail Store/Office/Beauty Shop/Barber Shop/Nails Shop etc., with bath and private Office. Second floor features a 1 bedroom apartment with long term tenant and a 2nd Floor Office both with separate entrances. Upstairs space is ready to go and has Many Possibilities: Insurance, Attorney, Real Estate etc. Featuring Open Area, kitchen area, bath and 3 Private Offices. Why Rent when you can own your own building and collect rent from the other two spaces! 2nd floor office will be available for you upon sale. You choose which unit you want for your business!
Full Property Details
Full Property Details for 311 N Locust St
General
- Price: $185,900
- Taxes: $6,169 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11857240
- Updated: 3/18/2024
- Added to Site: 264 day(s) ago
Interior
- Interior Features: Multi-Tenant, Private Restroom(s), Basement
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 1 to 5 Spaces, Parking-Street
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: WEST ON GALENA, NORTH ON LOCUST PROPERTY WILL BE ON THE RIGHT SIDE OF THE STREET
- Location Details: Northwest Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Construction: Wood Frame
- Exterior Const.: Cedar
- Foundation: Stone
- Stories/Levels: 2
- Square Feet: 3,200
- Current Bldg. Use: Commercial, Legal Non-Conforming, Office
- # of Stores: 1
- Year Built: 1904
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 3,200
- Lot Dimensions: 48.49 x 66
- Frontage: City Street
- Potential Use: Commercial, Legal Non-Conforming, Office and Research, Multi-Family, Single Family, Retail, Zoning Change Required
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1904
- Tax Amount: $6,169.44
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 1521231002
Listed by Compass REO Incorporated
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Schools
Schools serving 311 N Locust St
School District:Aurora West Unit School District 129
Rating | Name | Grades | Distance |
---|---|---|---|
729 W Galena Blvd, Aurora, IL 60506 | K-5 | 0.7 mi | |
231 S Constitution Dr, Aurora, IL 60506 | 6-8 | 2.5 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 311 N Locust St
Date
Details
Price
Change
Source
3/12/2024
Price Reduced
$185,900
-4.13%
MLS
1/04/2024
Price Reduced
$193,900
-0.51%
MLS
8/10/2023
Listed
$194,900
214.35%
MLS
6/07/2017
Sold
$62,000
—
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 311 N Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,169
4%
$69,696
7%
2021
$5,928
—
$64,888
8%
2021
$5,928
9%
$60,271
8%
2019
$5,461
17%
$55,843
20%
2018
$4,654
19%
$46,618
22%
2017
$3,925
8%
$38,138
13%
2016
$3,632
-6%
$33,840
—
2015
$3,876
4%
$33,784
8%
2014
$3,721
1%
$31,273
-2%
2013
$3,678
—
$31,866
—
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 311 N Locust St
311 N Locust Street, Aurora, IL 60506 (MLS# 11857240) is a Commercial property. 311 N Locust Street is currently listed for $185,900 and was received on August 10, 2023. Want to learn more about 311 N Locust Street? 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.