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1038 Liberty Street

Aurora, IL 60505
  • $1,475,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 12254211
UPDATED: 219 min ago
$1,475,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1902
County:
Area:

School Ratings & Info

Description

ATTENTION INVESTORS... This property prints money! This turn of the century Aurora mansion sits on slightly over 1 acre land (truly hard to find in the heart of city!). The Mansion with impressive curb appeal has been converted to 10 studio and/or 1 bedroom, 1 bathroom apartments. There is plenty of tenant parking with 18 spaces and room for more. All electric and plumbing has been updated within the last 12 months. Common area interiors have been freshly painted. Ceilings in common areas have all been redone and painted. Several common area windows have been replaced. New flooring in common areas are currently being installed. Very easy access to shops, restaurants and all that historic downtown has to offer. All units are occupied and in high demand. This building is very easy to rent and produces OVER $10K/month with the potential to go a lot higher. Whether you are looking to add to your investment portfolio or just getting started, this opportunity is definitely not one to miss! Schedule your showing TODAY!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1038 Liberty Street Aurora, IL 60505

  • Price: $1,475,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 219 min ago
  • MLS #: 12254211
0
Beds
0
Baths
0
½ Baths
1.05
Acres
1902
Built
Neighborhood:
Kane
County:
Kane
Area:
Kane
Property Description
ATTENTION INVESTORS... This property prints money! This turn of the century Aurora mansion sits on slightly over 1 acre land (truly hard to find in the heart of city!). The Mansion with impressive curb appeal has been converted to 10 studio and/or 1 bedroom, 1 bathroom apartments. There is plenty of tenant parking with 18 spaces and room for more. All electric and plumbing has been updated within the last 12 months. Common area interiors have been freshly painted. Ceilings in common areas have all been redone and painted. Several common area windows have been replaced. New flooring in common areas are currently being installed. Very easy access to shops, restaurants and all that historic downtown has to offer. All units are occupied and in high demand. This building is very easy to rent and produces OVER $10K/month with the potential to go a lot higher. Whether you are looking to add to your investment portfolio or just getting started, this opportunity is definitely not one to miss! Schedule your showing TODAY!
Exterior Features

Exterior Building Type Vinyl SidingStone Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 13-18 Spaces Roof Composition

Interior Features

Basement Unfinished Heat Ventilation Central Bldg HeatGasHot WaterRadiators Number Of Ranges 10

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Gross Income 129600 Gross Scheduled Income 129600 Insurance Expense 4800 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 90247 Operating Expense 33353 Ownership Types Limited Liability Corp Possible Use Multi-Family Tax Annual Amount 9569 Tax Year 2023 Tenant Pays None Total Monthly Income 10800 Township Aurora Type Multi Family 5+ Utilities Sanitary SewerWater-MunicipalWater to Site Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX All Pro - St Charles: 630-513-6100.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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