$700,000

Estimated payment $4,570/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.47 Acre Lot
  • Hot Water Heating System
  • Wood Siding
  • Laundry Room
  • Heating System Uses Steam

About This Home

3 Adjoining Properties sold as an inseparable package. 1 - 4 flat, 1 - 2 flat, and 1 Parking lot. Ideal for experienced buyers or savvy investors who understand and appreciate older properties which generate excellent revenue and are prepared to take it on as it stands. ** The 4 flat (154 Lasalle) is a "Money Maker Plus - Gardner House ca 1887. Designated Aurora Historical Landmark Status. 4 Apartments, Fully Occupied: 1 (2 Bedroom), 1 (1 Bedroom), 1 ( Studio), 1 (4 Bed AIRBNB, 90% Occupancy over 9 years). 75% remodeled to high standard. Recent roof, circuit breakers, water heaters, window AC's, many upgrades over 18 years. Long term tenants. Tenant parking in back along alley. This 139-year-old building offers extraordinary income, historic character and solid bones, along with the realities of its age. There are known foundation water intrusion issues in the basement. The property is being sold strictly as-is. Seller will make no repairs, provide no credits, and will not entertain post-inspection renegotiations. Inspections are welcome for buyer's information only. ** The 2 flat, (156 Lasalle) a Rare Brick Vintage Two Flat Building - Judson House ca 1890. Designated Aurora Historical Landmark Status. Fully Occupied: 1 (2 Bedroom), 1 (3 Bedroom). Building has many upgrades over 15 years, to roof, gutters, plumbing and electrical to meet current codes, but still maintains original woodwork and charm. Recent roof, storm windows, circuit breakers, gutters, water heater, coin laundry. Tenants pay for gas and electric utilities. Long term leases. Low property taxes and insurance. ** Parking lot (160 Lasalle) has 17 parking spaces, 11 of which are rented monthly by tenants. Each property has a separate PIN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,572

Year Built

  • Built in 1887

Lot Details

  • 0.47 Acre Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Steam

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,462
  • Fuel Expense $2,513
  • Insurance Expense $3,680
  • Maintenance Expense $3,225
  • Other Expense $2,954
  • Trash Expense $1,088
  • Water Sewer Expense $2,410
  • Operating Expense $42,852
  • Gross Income $121,740
  • Net Operating Income $78,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,572

Year Built

Built in 1887

Lot Details

0.47 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1887
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Call Owner
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood, Shingle Siding
  • Foundation Details: Stone
  • Frontage Type: City Street
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Enclosed Porch,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: Private Lot,Parking On-Site

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Hot Water,Radiators,Steam

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1088
  • Water Sewer Expenses: 2410
  • Operating Expense Includes: Fuel,Insurance,Licenses,Maintenance,Maintenance Grounds,Trash,Utilities,Water/Sewer,Electricity,Gas,Heat/Cooling,Real Estate Tax

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.47
  • Lot Dimensions: 20660
  • Lot Size Sq Ft: 20660
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Building Info

  • Building Unit Info: Smoke/Alarm Detector,Some Units Furnished

Multi Family

  • Net Operating Income: 78888
  • Fuel Expense: 2513
  • Insurance Expense: 3680
  • ElectricExpense: 1462
  • GrossIncome: 121740
  • Maintenance Expense: 3225
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 42852
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11572
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 For Sale $700,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12576568

Midwest Real Estate Data (MRED)
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