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Details
Multi-tenant mixed used investment property with 8 retail rental units and 12 one-bedroom apartments, located at the corner of Farnsworth and Indian Trail. All tenants are on Month-to-Month rental basis. High traffic intersection. Taxes are $40,584/yr, Rental income is $258,240/yr. Cap Rate is 6.89%. Net Income is $199,801. SELLER FINANCING available with 25% down. Newest improvements (2023) include: * Asphalt repair * Underground electrical cables replacement * Roof Repair * New stairs * New electronic panels Busy southeast corner of Indian Trail and Farnsworth, strategically located next to McDonalds and across the street from Walgreens. N. Farnsworth sees 28,800 vehicles per day, and E. Indian Trail sees 14,400.PROPERTY FEATURES
Property Information : 24-Hr Notice Required,No Sign on Property
Geographic Locale : Far West
Zoning : RTAIL
Cooling: Central Individual
Heat/Ventilation : Forced Air
PROPERTY DETAILS
Street Address: 1187 Farnsworth
City: Aurora
State: Illinois
Postal Code: 60505
County: Kane
MLS Number: 12111563
Year Built: 1982
Courtesy of Infiniti Properties, Inc.
City: Aurora
State: Illinois
Postal Code: 60505
County: Kane
MLS Number: 12111563
Year Built: 1982
Courtesy of Infiniti Properties, Inc.
Courtesy of Coldwell Banker Realty