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815-693-4958
Serving Dekalb, LaSalle & Kendall County areas since 1989
Joe has been selling Real Estate at Swanson Real Estate since 1989 and also the Managing Broker at Swanson Realtor for the last several years. In all those years Joe has sold hundred of homes, building lots and land. Learn more
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1187 N Farnsworth Avenue Aurora, IL 60505
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$13,231Multi-tenant mixed used investment property with 8 retail rental units and 12 one-bedroom apartments, located at the corner of Farnsworth and Indian Trail. All tenants are on Month-to-Month rental basis. High traffic intersection. Taxes are $40, 584/yr, Rental income is $258, 240/yr. Cap Rate is 6.89%. Net Income is $199, 801. SELLER FINANCING available with 25% down. Newest improvements (2023) include: * Asphalt repair * Underground electrical cables replacement * Roof Repair * New stairs * New electronic panels Busy southeast corner of Indian Trail and Farnsworth, strategically located next to McDonalds and across the street from Walgreens. N. Farnsworth sees 28, 800 vehicles per day, and E. Indian Trail sees 14, 400.
3 months ago | Listing updated with changes from the MLS® | |
4 months ago | Listing first seen online |
Based on information submitted to the MLS GRID as of 2024-05-03 12:15 AM UTC. 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.
Data last updated: 2024-05-03 12:15 AM UTC
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Joe Frieders, Managing Broker
Swanson Real Estate
815-786-9418 Sandwich
630-553-3333 Yorkville
815-693-4958 Direct
Areas Served: Dekalb, Lasalle, Kendall counties Illinois including Big Rock, Earlville, Hinckley, Leland,
Naperville, Newark, Oswego, Plano, Sandwich, Sheridan, Somonauk and Yorkville
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