agent photo
Linda Lewis Bender
Coldwell Banker Residential
1212 S. Naper Blvd., Suite 122
Naperville, IL 60540
(630) 642-0180 | Email

 
Bedrooms
Baths
Min Price
Max Price
Back to Saved Search
Listing 3 out of 9
$1,450,000 Contingent

2140 Lilac Lane
Aurora, IL 60505

24 units | Multi Family Home
13068 sq ft lot - MLS# 09752404
Property Photo

Description

7.5% Cap Rate offered on this portfolio of 24 units, 2 buildings (2120 + 2140 Lilac) both 90%+ rented year round, walking distance shopping, transportation, grocery, bank, etc. Just minutes from I-88. Contact Listing Agents for additional information.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Contingent
  • Listing Price: $1,450,000
  • County/Area: Kane County
  • Zip Code: 60505
  • Year Built: 1968
  • Sq.Ft.: 9,792 sq ft
  • Units: 24 units
  • # of Parking Spaces: 48
  • Acres: 13068 sq ft lot
  • Zoning: MULTI
  • # Of Bdrms - Unit 1: 2
  • # Of Bdrms - Unit 2: 1
  • # Of Dryers: 2
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # Of Full Bthrms - Type 4: 1
  • # Of Full Bthrms - Type 5: 1
  • # Of Full Bthrms - Type 6: 1
  • # Of Ranges: 24
  • # Of Refrigs: 24
  • # Of Rooms - Unit 1: 4 Rooms
  • # Of Rooms - Unit 2: 3 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 20
  • # Of Units - Apt. Type 2: 4
  • # Of Washers: 2
  • # Of Window/Ac: 24
  • Air Conditioning: Wall Sleeve
  • Approximate Age: 36-50 Years
  • Built Before 1978 (Y/N): Yes
  • Construction: Brick
  • Current Use: Residential-Multi-Family
  • Electricity Expense: $12,323
  • Exterior Building Type: Brick
  • Gross Rent Multiplier: 6.59
  • Heat/Ventilation: Hot Water
  • Insurance Expense: $5,562
  • Lot Dimensions: 88X150
  • Lot Sq Ft: 13125
  • Monthly Income - 1: $825
  • Monthly Income - 2: $745
  • Monthly Income Max - 1: $963
  • Monthly Income Max - 2: $755
  • Net Operating Income Year: $2,016
  • Other Expenses: $29,356
  • Outdoor Parking: 31-50 Spaces
  • Repairs-Decor Expense: $14,571
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: $4,230
  • South: 6
  • Tax Year: 2016
  • Taxes: $27,122
  • Tenant Pays: Electric
  • Total Annual Exp: 111445
  • Total Annual Income: $220,042
  • Total Monthly Income: $18,337
  • Township: Aurora
  • Type Multi-Family: Cluster
  • Water Expense: $18,281
  • West: 38
Courtesy of Premier Commercial Realty