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$450,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
See This Home
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See This Home
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Great opportunity to purchase a strong cash flowing 4 flat in North Aurora that is directly east of the North Aurora Riverfront Park. Quiet secluded street with all one bedrooms. New roof (2024), new water heater (2024), and new furnace/ electric panels. Property could use new parking lot and units could be updated down the road further to boost rents more. However property still operates around an 8.5 CAP currently. Rents at ~59k of income with last unit rented at $1500. Room to grow rents to 6k a month or 72k. All units heated by one furnace. Tenants pay own electric. Improve the rents by upgrading 2 mtm units. Great return day one! Perfect first investment or expand an existing portfolio in North Aurora.

Full Property Details for 122 E State St

General

  • Sold For: $450,000
  • Taxes: $7,158 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12388979
  • Added to Site: 289 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Total Spaces: 4
  • Parking Features: Unassigned, On Site
  • Parking On-Site: Yes

Location

  • Area: North Aurora
  • County: Kane
  • Driving Directions: 1 block SE of Butterfield Road and S River Street. From River head East on E State Street.

School Information

  • School District: 129
  • Midd School District: 129
  • Elementary School: Schneider Elementary School
  • Middle School: Herget Middle School
  • High School: West Aurora High School
  • Private School: West Aurora High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Roof: Asphalt
  • Year Built: 1958
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 8276

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1958
  • Tax Amount: $7,158
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1503151021

Listed by Triton Realty Group LLC
Sold by eXp Realty

Listing agents

— 122 E State St —

  • Triton Realty Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 122 E State St

School District:Aurora West Unit School District 129
NameGradesDistance
Schneider Elementary School
304 Banbury Road, North Aurora, IL 60542
K-50.7 mi
Herget Middle School
1550 Deerpath Road, Aurora, IL 60506
6-83.7 mi
West Aurora High School
1201 West New York Street, Aurora, IL 60506
9-123.2 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 122 E State St

Date
Details
Price
Change
Source
10/15/2025
Sold
$450,000
-9.82%
MLS
8/04/2025
Price Reduced
$499,000
-3.11%
MLS
6/09/2025
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Triton Realty Group LLC
Sold by eXp Realty

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122 E State Street, North Aurora, IL 60542 (MLS# 12388979) is a Multi-Family property that was sold at $450,000 on October 15, 2025. Want to learn more about 122 E State Street? Do you have questions about finding other Multi-Family real estate for sale in North Aurora? You can browse all North Aurora real estate or contact a Coldwell Banker agent to request more information.