This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
744 Gillette Ave
Aurora, IL 60506
Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Building Size | 13,440 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | R5A - Midrise Multiple-Family Dwellings | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 13,440 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R5A - Midrise Multiple-Family Dwellings |
ABOUT 744 GILLETTE AVE , AURORA, IL 60506
Interra Realty has been exclusively engaged to sell the Gillette Avenue Apartments located in Aurora, IL. The property is located at 744 Gillette Avenue just west of Aurora's central business district. The 16 unit building contains 12 - one bedroom and 4 two bedroom apartments. Tenants pay for electric baseboard heat, and through the wall sleeve air conditioning. Recent improvements to the property include a newly paved parking lot,replaced gutters (2016), and the roof was replaced approximately 7 years ago. This is an opportunity for a new investor to purchase a well maintained and easy to manage apartment building from a long term owner that is in a good location on the west side of Aurora. The property offers a strong income steam with the ability to increase rents to market levels.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 650 |
| 2+1 | 4 | - | 800 |
PROPERTY TAXES
| Parcel Number | 15-16-407-011 | Improvements Assessment | $334,334 |
| Land Assessment | $55,604 | Total Assessment | $389,938 |
PROPERTY TAXES
