9-Unit Apartment Building with Ductless
For Sale
$1,600,000
304 Hankes Avenue, Aurora, IL 60505
MULTI_FAMILY - Aurora, IL
Property SizeContact for details
Lot Size0.33 Acres
Days on Market203
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 5, Bathroom 6, Bathroom 9, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 15, Bedroom 11, Bedroom 6, Bathroom 5, Bedroom 14, Bathroom 10, Bedroom 13, Bathroom 3, Bathroom 7, Bathroom 14, Bedroom 9, Bedroom 12, Bathroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 10, Bedroom 1, Bathroom 8, Bathroom 12, Bathroom 13, Bathroom 11
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
Exhaust Fan (Cooling), Heat Pump
Amenities
coin-operated laundry
rentable private basement storage units
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: Aug 3
Last Checked: Aug 13 at 9:06AM
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.
304 Hankes Avenue is a turnkey 9-unit apartment building in Aurora’s Pigeon Hill neighborhood. The unit mix consists of six 2-bedroom units and three 1-bedroom units. The property is fully occupied and designed for low-maintenance operations, with most units updated through new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating. Interior finishes include hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry.
The building also includes income opportunities beyond base rents, including coin-operated laundry and rentable private basement storage units. Each unit has two designated parking spaces. Construction is wood frame, with a composition roof.
Recent capital improvements include a newer roof. The property has no association and is described as having low utility costs, supported by the newer HVAC configuration and electrical upgrades.
The building also includes income opportunities beyond base rents, including coin-operated laundry and rentable private basement storage units. Each unit has two designated parking spaces. Construction is wood frame, with a composition roof.
Recent capital improvements include a newer roof. The property has no association and is described as having low utility costs, supported by the newer HVAC configuration and electrical upgrades.
Key Highlights
- 9‑unit apartment building in Aurora’s Pigeon Hill neighborhood, fully occupied
- Unit mix: six 2‑bedroom units and three 1‑bedroom units
- Split ductless heat and A/C with backup electric heating in modernized units
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
561
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained nine-unit building with split ductless heat and A/C, coin-operated laundry, and upgraded systems across most units.
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 apartment building in Aurora’s Pigeon Hill neighborhood, fully occupied; Unit mix: six 2‑bedroom units and three 1‑bedroom units; Split ductless heat and A/C with backup electric heating in modernized units
