1115 Kane Street, Aurora, IL 60505
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1115 Kane Street,Aurora, IL 60505
$359,900
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: keith mcmahon
Office: compass
MLS#:12796087
Source:MLSNI
Price summary
- Price:$359,900
About this home
Turnkey investment or live in opportunity! This 2 unit features exceptionally low-overhead. The upstairs unit is currently rented at $1275/month and the tenants have been there for over 10 years with excellent payment history. Downstairs unit was just remodeled, giving you the flexibility to either find your own tenant, or live in the bottom and collect income from the upper unit. Tenants pay all their own separately metered electric and water, leaving the owner with minimal expenses. Currently, the owner only pays $1,500 per year for lawn care and snow removal. The upper unit is a spacious 3-bedroom, 1-bathroom home occupied by an exceptional, reliable tenant of ten years currently paying $1,275 per month, benefiting from updated vinyl siding, upper-level windows, an electric heater, and a water heater replaced approximately ten years ago. The lower unit is a vacant, fully remodeled 2-bedroom, 1-bathroom projected to rent at $1,500 or more per month. This unit is showcasing brand-new windows, cabinets, a stylish bathroom, doors, trim, appliances, an electric heater, and a new water heater. Ample parking is provided with five exterior spots. There is also an on-site shared laundry room-already separately metered for each unit. There are currently no washer/dryers in the laundry room so this presents an immediate value-add avenue to generate additional monthly revenue through coin-operated machines, making this property an effortless addition to any income-focused portfolio....
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Home facts
- Year built:1973
- Listing ID #:12796087
- Updated:November 06, 2026 at 12:29 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Basement Description:Finished
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt
- Year built:1973
- Lot area:0.17 Acres
Schools
- High school:East High School
- Middle school:C F Simmons Middle School
- Elementary school:Edna Rollins Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$359,900
- Tax amount:$5,734 (2025)
Parking
- Total parking spaces:5
- Parking description:Unassigned
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