304 Hankes Avenue
Aurora, IL, 60505
$1,600,000
3 Beds
7 Baths
0 SqFt
0.33 Acres
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MLS #MRD12552481 image #0
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.

Property Details

Price:
$1,600,000
MLS #:
MRD12552481
Status:
Active
Beds:
3
Baths:
7
Type:
Commercial
Neighborhood:
auroraeola
Listed Date:
Jan 22, 2026
Total Sq Ft:
6,532
Lot Size:
14,810 sqft / 0.33 acres (approx)
Year Built:
1931
Aurora / EolaAuroraeola

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Schools

Interior

Cooling
Exhaust Fan, Heat Pump, Wall Sleeve

Exterior

Construction Materials
Wood, Frame
Roof
Composition
Stories
3

Financial

HOA Includes
None
Maintenance Fee
$4,800
Net Operating Income
$109,412
Tax Year
2024
Taxes
$12,600

Map

Community

Market Summary

Current real estate data for Commercial in Aurora as of Oct 06, 2026
19
Commercial Listed
225
Avg DOM
$922,368
Avg List Price

Property Summary

    304 Hankes Avenue Aurora IL is a Commercial for sale in Aurora, IL, 60505. It is listed for $1,600,000

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304 Hankes Avenue
Aurora, IL