Well-maintained and professionally landscaped, 304 Hankes Ave is a turnkey 9-unit multifamily investment in Aurora's desirable Pigeon Hill neighborhood, offering a strong unit mix of six spacious 2-bedroom units and three comfortable 1-bedroom units with no association and low utility costs. Most units have been renovated with new fixtures, upgraded electrical circuits and breakers, newer windows, and modern split ductless heat and A/C systems with backup electric heating, ensuring long-term reliability and reduced maintenance. Apartments feature hardwood floors covered with durable luxury vinyl plank flooring and oak kitchen cabinetry, designed for tenant appeal and easy upkeep. Each unit includes two designated parking spaces, while long-term tenants provide stable income. The property benefits from additional revenue through coin-operated laundry and rentable private basement storage units, and recent capital improvements, including a newer roof, further enhance value. Fully occupied building, this asset offers excellent cash flow and a solid return for both new and seasoned investors. Please do not disturb tenants.
Listed By
Agency Name: Sohum Realty, Inc.
Agency Phone: 847-238-2077
Shown By
Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 5,580.77 per month $4,005.80 Principal & Interest $1,050.00 Property Tax $524.97 Homeowner's Insurance
304 Hankes Avenue | MLS# 12552481
This multi-family property located at 304 Hankes Avenue, Aurora, IL 60505 is currently listed for sale with an asking price of $1,799,900. Search Aurora real estate on elmo.bhhscrosby.com today.