Aurora, IL 60506,315 W Downer Place
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Aurora, IL 60506,315 W Downer Place
Aurora, IL 60506,315 W Downer Place
Aurora, IL 60506,315 W Downer Place
Aurora, IL 60506,315 W Downer Place
Listed by Richard Babbof Redfin Corporation
Bought with Nathan Brown of Westward 360

$315,000

Est. payment /mo

$314,995

Est.Price: ?

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315 W Downer Place Aurora, IL 60506

6 Beds

10,454 Sqft Lot

SOLD DATE : 06/17/2022

Key Details

Sold Price $315,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11352909

Sold Date 06/17/22

Bedrooms 6

Year Built 1900

Annual Tax Amount $3,683

Tax Year 2020

Lot Size 10,454 Sqft

Lot Dimensions 10454

Property Sub-Type Two to Four Units

Property Description

Great investment opportunity! Here is your chance to own a vintage, two-story, mixed-use property with a prime location in downtown Aurora that helps pay for itself. Live in the spacious apartment upstairs and rent out or run a business downstairs. Or, rent both the apartment and commercial space for a potential $3000/month rental income. Less than a mile from the Paramount Theater, Hollywood Casino, Metra Train Station, River Edge Park, and the Fox River! The building was renovated in 2014 with new hardwood floors, granite countertops, appliances, AC and smart thermostats. Roof repaired as part of the renovation. The main level includes about 1450 square feet of office space, a bathroom and a kitchen. Original vintage fireplaces on first and second floor with original marble surround. Upstairs is a 3BR, 2ba apartment that was leased for $1385/month. Ample parking (11 spaces) in the back, as well as a side porch with private entry to both the first and second floors. Property is zoned B-1. All renovations were done to code; however, the home is being sold as-is. Bring your ideas!

Location

State IL

County Kane

Community Park, Sidewalks, Street Paved

Zoning COMMR

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Porch

View Y/N true

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Greenman Elementary School

Middle Schools Washington Middle School

High Schools West Aurora High School

School District 129, 129, 129

Others

Ownership Fee Simple

Special Listing Condition None

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