Seller's Agent in 2025
Zachary Kraus
Charles Rutenberg Realty of IL
(630) 234-7126
1 in this area
22 Total Sales
1101 Indian Ave Aurora, IL 60505
Light of the Community Neighborhood
5
Beds
2
Baths
--
Sq Ft
1964
Built
About This Home
As of June 2025Excellent Investment Opportunity in Aurora! Welcome to 1101 Indian Ave - a solid brick 2-unit property located in a convenient, well-established neighborhood. Each unit offers spacious layouts with separate entrances, providing ideal flexibility for rental income or multigenerational living. What truly sets this property apart? Exceptionally low property taxes! This dramatically improves your monthly cash flow and long-term return on investment. With steady tenant occupancy, separate utilities, and minimal overhead, this is a prime opportunity for both new and seasoned investors alike. Tenants and future buyers will appreciate the walkable location near parks, schools, shops, and dining options, with quick access to public transportation and major roadways. Just minutes from downtown Aurora, the Fox River Trail, and the Metra station, this property offers both convenience and lifestyle appeal. Whether you're looking to expand your portfolio or live in one unit while renting the other, 1101 Indian Ave delivers value, stability, and upside potential. Don't miss your chance to own a low-maintenance income property in a growing market - schedule your visit today!
Last Agent to Sell the Property
Charles Rutenberg Realty of IL License #475190248 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,894
Year Built
- Built in 1964
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- First Floor Utility Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Schools
- Oak Park Elementary School
- Henry W Cowherd Middle School
- East High School
Additional Features
- Lot Dimensions are 40x128
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2025
Closed on
Jun 2, 2025
Sold by
Garcia Francisca and Garcia Aquilino
Bought by
Gutierrez William Andres Musus
Seller's Agent
Zachary Kraus
Charles Rutenberg Realty of IL
Buyer's Agent
Yolanda Vargas Villa
Real People Realty
List Price
$339,000
Sold Price
$347,000
Premium/Discount to List
$8,000
2.36%
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,665
Avg. Annual Appreciation
-3.55%
Original Mortgage
$338,751
Outstanding Balance
$337,871
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$464
Purchase Details
Closed on
Jun 20, 2007
Sold by
Martinez Myriam
Bought by
Garcia Francisca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 2004
Sold by
Bradstreet Harvey K and Bradstreet Barbara A
Bought by
Martinez Myriam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 1995
Sold by
Bradstreet Harvey K and Bradstreet Barbara A
Bought by
Bradstreet Harvey K and Bradstreet Barbara A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $347,000 | Fidelity National Title | |
| Warranty Deed | $230,000 | Multiple | |
| Deed | $190,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,751 | FHA | |
| Previous Owner | $230,000 | Purchase Money Mortgage | |
| Previous Owner | $152,000 | Purchase Money Mortgage | |
| Closed | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $347,000 | +2.4% | -- |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $339,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2024 | $4,063 | $67,273 | $4,329 | $62,944 |
| 2023 | $3,894 | $60,108 | $3,868 | $56,240 |
| 2022 | $4,413 | $64,079 | $3,529 | $60,550 |
| 2021 | $4,332 | $59,659 | $3,286 | $56,373 |
| 2020 | $4,109 | $55,414 | $3,052 | $52,362 |
| 2019 | $4,111 | $52,655 | $2,828 | $49,827 |
| 2018 | $3,527 | $44,739 | $2,616 | $42,123 |
| 2017 | $3,672 | $43,443 | $2,410 | $41,033 |
| 2016 | $3,297 | $37,327 | $2,066 | $35,261 |
| 2015 | $3,969 | $34,770 | $1,777 | $32,993 |
| 2014 | $3,969 | $32,096 | $1,633 | $30,463 |
| 2013 | $3,969 | $32,840 | $1,560 | $31,280 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Kraus
-
Yolanda Vargas Villa
Buyer's Agent in 2025
Yolanda Vargas Villa
Real People Realty
(630) 414-9527
1 in this area
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12344097
APN: 15-23-205-026
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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