About This Home

This 5-bedroom, 2-bathroom residential multi family at 1115 Kane Street in Aurora, IL is listed for $359,900. Built in 1973, on a 0.17 acres lot.

Key Features

  • Built in 1973
  • 0.17 acre lot
  • 5 parking spaces

Property Details

2 full
5 spaces
1973
Listing Description

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 u

pdated 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.

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

1115 Kane Street

Aurora, IL 60505

Property Details

Construction

Vinyl Siding Brick

Parking

AssignedOwned

Heating

Electric (Heating)

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 1115 Kane Street is listed at $359,900. The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.17 acre lot, 5 parking spaces.

This property is listed by Keith McMahon.

KM

Keith McMahon

Agent at Compass Real Estate

Listed by Compass Real Estate · Broker phone: 6308611800 · View on Broker Site · Broker website

MLS# 12796087· Source: Midwest Real Estate Data, LLC· 1 day on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1115 Kane Street, Aurora, IL 60505

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