304 Hankes Avenue, Aurora, IL

$1,600,000

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0.33

Acres

About 304 Hankes Avenue

Well-maintained and professionally landscaped, 304 Hankes Ave is a turnkey 9-unit multifamily investment in Aurora's desirable Pigeon Hill neighborhood, offering a strong unit mix of six spacious 2-bedroom units and three comfortable 1-bedroom units with no association and low utility costs. Most units have been renovated with new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating, ensuring long-term reliability and reduced maintenance. Apartments feature hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry, designed for tenant appeal and easy upkeep. Each unit includes two designated parking spaces, while long-term tenants provide stable income. The property benefits from additional revenue through coin-operated laundry and rentable private basement storage units, and recent capital improvements, including a newer roof, further enhance value. Fully occupied building, this asset offers excellent cash flow and a solid return for both new and seasoned investors. Please do not disturb tenants.

Features of 304 Hankes Avenue

MLS® # 12552481
Price $1,600,000
Bathrooms 0.00
Acres 0.33
Year Built 1931
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 304 Hankes Avenue
Area Aurora / Eola
City Aurora
County Kane
State IL
Zip Code 60505

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Exhaust Fan, Heat Pump, Wall Sleeve
Fireplace No
Has Basement Yes
Basement Other, Bath/Stubbed, Storage Space

Exterior

Exterior Wood, Frame
Roof Composition
Foundation Concrete Perimeter

Additional Information

Days on Market 141
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSohum Realty, Inc.

Listing Map

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