Eco Friendly
Address
75 S Lasalle Street Aurora, IL
Price
$ 475,000
Property Attributes
  • MLS#10581564
  • TypeContingent
  • CountyKANE
  • CityAurora
  • AreaAurora - Eola
  • Zip60505
  • Style
  • Year Built1917
  • Taxes3940
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Keller Williams Realty Infinity
Property Description

5,280 sq/ft building with 2,640 sq/ft drive in lower level. Fully updated move in ready with great cashflow potential 16+% CAP Rate: 1st Floor: Envelope, move in ready 2 ADA BRs, Wood Floors, 16' Ceilings, Original Frank Lloyd Wright tile windows located above each of east facing showcase windows. [Target Rent: $2,640 / month] 2nd Floor: 3 apartments: unit 201: Studio, w/ current rent $720. Potential to earn $950+ /mo) Unit 202: (600 sq/ft) 1 BR asking $1,050 /mo., Unit 203: 1,100 sq/ft) 1 large, 342 sq/ft, bedroom. Current rent $1,055 w/ potential to ask $1,350 /mo Lower Level: Garage [18.5'x33.5' (627 sq/ft)] access via City Easement off Bolton St. direct. Can be expanded to additional lower level space (1,336 sq/ft) Access Options from Garage and/or First Floor. Potential Use: First Floor Storage or light manufacturing/mechanical, Small Engine or Bike Repair, Dry Goods or Auto Storage, Office Space, Art Studio, Retail. 1st Floor transition to lower level [equipped with two rest rooms (Ruffed-In) can be used for additional restroom for 1st floor tenant or lower level space. Includes office and separate storage [525 sq/ft inclusive] Income Garage w/ storage space: Full potential Lower Level Income for the 2,488 sq/ft space: $1,244 /mo Street Parking or City Parking Lot is available 200 ft way on SE corner of S. LaSalle & Bolton NOTE: FINANCIALS INDICATE PROFORMA PROJECTIONS [current and projected market rates] Proforma CAP RATE - RENT ROLL is attached

Price History
8/29/2020 Listed $475,000

General Features

Contingency Financing
Property SubType Mixed Use
Property Type Mixed Use
Property Type Commercial Sale
Standard Status Active Under Contract

Exterior Features

Lot Dimensions 33' X 80'

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60505

Price
AVG $180K
$480K
Taxes
AVG $3,080
$3,940
Visits
AVG 56
52
Year Built
AVG 1936
1917
Walkscore
AVG 52
85
Data Provided by Walkscore ® not using MLS data