9-Unit Apartment
For Sale
$1,600,000
304 Hankes Avenue, Aurora, IL 60505
Commercial Sale, Aurora, IL
Property SizeContact for details
Lot Size0.33 Acres
Days on Market241
Property Features for 304 Hankes Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
15
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 10, Bedroom 1, Bedroom 13, Bathroom 4, Bedroom 2, Bedroom 14, Bathroom 2, Bathroom 7, Bedroom 3, Bathroom 13, Bedroom 5, Bathroom 9, Bathroom 3, Bedroom 12, Bedroom 8, Bathroom 14, Bathroom 11, Bathroom 12, Bathroom 10, Bedroom 15, Bedroom 9, Bathroom 8, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 7, Bedroom 11, Bathroom 1, Bedroom 6
Basement
Storage Space
Directions
Rt. 25 to Hankes, East on Hankes to Bldg.
Subdivision
Aurora / Eola
Standard status
Active
APN
1515276009
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12600
Utilities
Cooling system
Heat Pump, Exhaust Fan (Cooling)
Amenities
coin-operated laundry
private basement storage
Building Details
Year built
1931
Floors in Building
3
Number of units
9
Building materials
Wood, Frame
Roof type
Composition
Listing Agency:
Sohum Realty, Inc.
(847) 238-2077
Listed By:
Venkat Chatakondu
(847) 454-7739
Added: Jan 22
Changed: Sep 16
Last Checked: Sep 20 at 5:06PM
MLS# 12552481
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 304 Hankes Avenue in Aurora, this 9-unit apartment property includes six 2-bedroom residences and three 1-bedroom residences. The 1931 building occupies 0.33 acres and is zoned MULTI. Two designated parking spaces are assigned to each apartment, and the property is fully occupied.
Most residences have received updates that include fixtures, electrical circuits and breakers, windows, and split ductless heating and air-conditioning systems with backup electric heat. Interior finishes include luxury vinyl plank flooring over hardwood and oak kitchen cabinetry. Additional property features include coin-operated laundry, rentable private basement storage units, and a newer composition roof. Construction is wood frame, with heat pump and exhaust fan cooling systems.
Most residences have received updates that include fixtures, electrical circuits and breakers, windows, and split ductless heating and air-conditioning systems with backup electric heat. Interior finishes include luxury vinyl plank flooring over hardwood and oak kitchen cabinetry. Additional property features include coin-operated laundry, rentable private basement storage units, and a newer composition roof. Construction is wood frame, with heat pump and exhaust fan cooling systems.
Key Highlights
- 9‑unit building with six 2‑bedroom and three 1‑bedroom apartments
- Fully occupied property with 2 designated parking spaces per unit
- 0.33 acres in Aurora with MULTI zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
9
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 60505, IL
57,906
Population
18,681
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
64%
High-School Grad
10.1 sq mi
ZIP Area
5,733
Density / Sq Mi
$70,306
Median Household Income
$33,912
Median Earnings
$1,230
Median Rent
$192,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with renovated interiors, designated parking, laundry facilities, and private basement storage options.
Where is this apartment building located?
The property is located at 304 Hankes Avenue Aurora, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 9‑unit building with six 2‑bedroom and three 1‑bedroom apartments; Fully occupied property with 2 designated parking spaces per unit; 0.33 acres in Aurora with MULTI zoning
