$980,000

Estimated payment $6,465/month

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

About This Home

Multifamily property is on the market. Great Investment. All Brick building in great shape on Downer Place in Historical Neighborhood in Aurora. 2 one bedrooms and 5 two bedrooms. Historical low vacancy.

Listing Agent

Jayesh Parekh

Kale Realty License #475149245 Listed on: 06/20/2026

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,189

Lot Details

  • 11,965 Sq Ft Lot
  • Lot Dimensions are 68 x 176

Additional Features

  • 2-Story Property
  • Heating Available

Listing and Financial Details

  • The owner pays for snow removal, trash collection, sewer, water, common area maintenance, insurance, taxes, repairs, roof, scavenger

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $622
  • Insurance Expense $3,044
  • Maintenance Expense $2,600
  • Other Expense $300
  • Trash Expense $2,440
  • Water Sewer Expense $6,776
  • Operating Expense $29,972
  • Gross Income $114,000
  • Net Operating Income $82,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,189

Lot Details

0.27 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • OwnerPays: Snow Removal, Trash Collection, Sewer, Water, Common Area Maintenance, Insurance, Taxes, Repairs, Roof, Scavenger
  • Room: 0

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 2440
  • Water Sewer Expenses: 6776
  • Operating Expense Includes: Licenses

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 68 X 176
  • Lot Size Sq Ft: 11965
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 82673
  • Insurance Expense: 3044
  • ElectricExpense: 622
  • GrossIncome: 114000
  • Maintenance Expense: 2600
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 29972
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14189
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,615 $198,613 $32,637 $165,976
2023 $13,261 $177,460 $29,161 $148,299
2022 $12,302 $161,916 $26,607 $135,309
2021 $12,170 $150,745 $24,771 $125,974
2020 $11,645 $140,020 $23,009 $117,011
2019 $12,674 $143,831 $21,318 $122,513
2018 $13,755 $151,059 $19,719 $131,340
2017 $13,650 $139,186 $18,169 $121,017
2016 $15,006 $142,599 $15,574 $127,025
2015 -- $123,331 $13,392 $109,939
2014 -- $115,187 $12,308 $102,879
2013 -- $124,816 $12,133 $112,683
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2026 06/20/26 For Sale $980,000 +148.1% --
07/26/2016 07/26/16 Sold $395,000 -15.0% -- View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $464,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- Pro Title Group
Warranty Deed $395,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $316,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12683916

Midwest Real Estate Data (MRED)

APN: 15-22-458-012

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