2 Hankes Rd Aurora, IL 60506

Property Details for 2 Hankes Rd

Lot size

0.62 lot acres

Property size

5,760 SF

Property type

Commercial real estate

APN

14-13-400-007

APU

1413400007

Description

This exceptional 5,760 square foot mixed-use property in Aurora, IL, presents a compelling investment opportunity. The building comprises three well-maintained office spaces and three apartments, all currently leased, ensuring immediate cash flow. Ample parking is available for tenants and visitors, adding significant value and convenience. The building's efficient design and strong tenant occupancy contribute to a highly attractive cap rate. Each unit benefits from separate utility metering, with tenants responsible for their own heat and electricity, minimizing operational expenses for the owner. The property also includes separate garage spaces, providing additional income potential or tenant amenities. Located at 2 Hankes Road, this property offers a blend of commercial and residential income streams, making it an ideal addition to any diversified investment portfolio. The building's excellent condition and strong tenant base promise consistent returns, making it a rare find in the current market. The property is situated in Aurora, IL, offering easy access to major transportation routes and a thriving local economy. This turnkey investment requires minimal management, making it an attractive option for both seasoned investors and those seeking a low-maintenance, high-return asset. The strong rental income and potential for future appreciation make this a truly exceptional opportunity.

Location Insight

City

Aurora

County

Kane

State

Illinois

Longitude

-88.3845

Latitude

41.7663

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments