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122 E State Street, 
North Aurora, IL 60542

$515,000


4

Beds


4

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Victor Colon

Edward Liss

Triton Realty Group LLC.

Last updated:

June 16, 2025, 11:40 AM

MLS#

12388979

Source:

MLSNI

About This Home

122 E State Street

Great opportunity to purchase a strong cash flowing 4 flat in North Aurora that is directly east of the North Aurora Riverfront Park. Quiet secluded street with all one bedrooms. New roof (2024), new water heater (2024), and new furnace/ electric panels. Property could use new parking lot and units could be updated down the road further to boost rents more. However property still operates around an 8.5 CAP currently. Rents at ~59k of income with last unit rented at $1500. Room to grow rents to 6k a month or 72k. All units heated by one furnace. Tenants pay own electric. Improve the rents by upgrading 2 mtm units. Great return day one! Perfect first investment or expand an existing portfolio in North Aurora.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1958

Price Summary

515,000

MLS #:

12388979

Last Updated:

June 16, 2025, 11:40 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Year Built:

1958


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$515,000

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