
1016 Solfisburg Ave Unit 18 Aurora, IL 60505
Light of the Community NeighborhoodEstimated payment $2,290/month
About This Home
Prime Investment Opportunity in Aurora - This well-maintained two-unit property presents an excellent investment opportunity for buyers looking to generate steady rental income or capitalize on future potential. Each unit features two spacious bedrooms, one full bath, a cozy family room, and a kitchen-ideal for tenants seeking comfort and functionality. Recent updates include a new furnace installed in 2024, a water heater replaced in 2018, and upgraded kitchens also completed in 2018, making the units more attractive for renters. The full, unfinished basement offers generous storage space and potential for future development, whether for additional living areas or expanding the property's value. Both units are currently rented on a month-to-month basis, providing immediate income with flexibility for new ownership. Ideally located just minutes from downtown Aurora, with easy access to I-88 and local amenities. Schedule your showing today and secure a solid addition to your investment portfolio!
Listing Agent
Denis Horgan
Redfin Corporation License #475174979

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,524
Year Built
- Built in 1961 | Remodeled in 2018
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Schools
- Oak Park Elementary School
- Henry W Cowherd Middle School
- East High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 40x165
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $5,524 | $73,925 | $4,192 | $69,733 |
2022 | $5,125 | $67,450 | $3,825 | $63,625 |
2021 | $5,070 | $62,797 | $3,561 | $59,236 |
2020 | $4,851 | $58,329 | $3,308 | $55,021 |
2019 | $5,722 | $64,942 | $3,065 | $61,877 |
2018 | $5,021 | $55,144 | $2,835 | $52,309 |
2017 | $4,862 | $49,582 | $2,612 | $46,970 |
2016 | $4,483 | $42,602 | $2,239 | $40,363 |
2015 | -- | $38,180 | $1,925 | $36,255 |
2014 | -- | $36,638 | $1,769 | $34,869 |
2013 | -- | $37,496 | $1,690 | $35,806 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/04/2025 04/04/25 | Pending | -- | -- | -- |
04/04/2025 04/04/25 | For Sale | $330,000 | 0.0% | -- |
03/31/2025 03/31/25 | Price Changed | $330,000 | +469.0% | -- |
12/18/2012 12/18/12 | Sold | $58,000 | +10.5% | -- |
11/14/2012 11/14/12 | Pending | -- | -- | -- |
11/02/2012 11/02/12 | For Sale | $52,500 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Special Warranty Deed | $58,000 | None Available | |
Sheriffs Deed | -- | None Available | |
Deed | $195,000 | First American Title | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $94,250 | Credit Line Revolving | |
Previous Owner | $39,000 | Stand Alone Second | |
Previous Owner | $156,000 | Purchase Money Mortgage |
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12279023

APN: 15-23-204-017
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