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FARNSWORTH AURORA, IL 60505
- Commercial / Owner Financing
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
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Register to view full property details including contact info, and pricing. View Details!
Property Details for FARNSWORTH St, AURORA, IL 60505
Features
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Facts
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Sale Type
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
Description
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.
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Property Brokerage:
Infiniti Properties Inc
9566 W. 147th Street
Orland Park
IL
60462
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.