Current Use by Public Records
- Mixed-use properties
Property Details for 205-207 5Th St
- Year built
- 1964
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents two side-by-side mixed-use properties located at 205-207 Fifth Street in Aurora, Illinois. Each property comprises two commercial rental units, totaling four units available for immediate income generation. A savvy investor could acquire one or both properties to control the entire corner, strategically positioned just south and east of downtown Aurora. The properties are situated in a peaceful neighborhood, offering a blend of convenience and tranquility. Extensive renovations, repairs, improvements, and upgrades have been completed throughout both buildings, minimizing immediate capital expenditure needs for the new owner. Each unit presents the potential for a commercial kitchen setup, expanding the range of potential tenants and rental income streams. The properties are offered at a combined price of $299,500, representing a compelling value proposition for investors seeking a strong return on investment in a desirable location. The lot size is 0 acres. This is a rare chance to acquire a well-maintained, income-producing portfolio in a thriving Illinois city. The properties are ready for immediate occupancy and income generation. Don't miss this opportunity to secure a prime commercial investment in a rapidly growing area. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.311
- Latitude
- 41.7513
