BEDS0
BATHS
SQUARE FEET6,532
MLS#12552481
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Well-maintained and professionally landscaped, 304 Hankes Ave is a turnkey 9-unit multifamily investment in Aurora's desirable Pigeon Hill neighborhood, offering a strong unit mix of six spacious 2-bedroom units and three comfortable 1-bedroom units with no association and low utility costs. Most units have been renovated with new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating, ensuring long-term reliability and reduced maintenance. Apartments feature hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry, designed for tenant appeal and easy upkeep. Each unit includes two designated parking spaces, while long-term tenants provide stable income. The property benefits from additional revenue through coin-operated laundry and rentable private basement storage units, and recent capital improvements, including a newer roof, further enhance value. Fully occupied building, this asset offers excellent cash flow and a solid return for both new and seasoned investors. Please do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Exhaust Fan, Heat Pump, Wall Sleeve
Lot Size: 0.33 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $12,600
Year Built: 1931
Feature Descriptions
Current Use: Multi-Family
Drains: Fire Escape, Storms and Screens (as exist)
Electric: Circuit Breakers
Exterior: Wood, Frame
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Electric, Heat Pump, Baseboard
Lot Dimensions: 81.4 X 180.2X81.4X179.23
Miscellaneous Indoor: Storage Inside, Laundry Room
Miscellaneous Outdoor: Fire Escape, Storms and Screens (as exist)
Parcel#: 1515276009
Parking: 13-18 Spaces
Potential Use: Multi-Family
Tenant Pays: Electricity
Units: 9
Listed By / Shown By
Listed By
Agency Name: Sohum Realty, Inc.
Agency Phone: 847-238-2077
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 5,580.77 per month $4,005.80 Principal & Interest $1,050.00 Property Tax $524.97 Homeowner's InsuranceChange Payment Information
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304 Hankes Avenue | MLS# 12552481
This multi-family property located at 304 Hankes Avenue, Aurora, IL 60505 is currently listed for sale with an asking price of $1,799,900. Search Aurora real estate on www.bhhscrosby.com today.