1038 Liberty St, Aurora, IL 60505-2975

This stunning turn-of-the-century Aurora mansion, situated on a rare 1.05-acre lot in the heart of the city, presents a remarkable investment opportunity. The property has been meticulously renovated and converted into ten studio and/or one-bedroom, one-bathroom apartments, all currently occupied and in high demand. The building boasts impressive curb appeal and offers ample tenant parking with 18 spaces and room for expansion. Significant recent improvements include complete electrical and plumbing updates within the past year, fresh paint throughout the common areas, newly refinished ceilings, several replaced common area windows, and brand new flooring currently being installed in the common areas. The property's prime location provides easy access to a vibrant array of shops and restaurants in the historic downtown area. Generating over $10,000 in monthly rental income, this property offers substantial returns with significant upside potential for increased profitability. This is an exceptional opportunity for investors seeking a high-yield, low-maintenance multifamily investment in a desirable location. The strong occupancy rate and consistent rental income make this a truly compelling investment proposition.