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Jack O. Pysz

Managing Broker

  • Office 773-328-8055
  • Cell 773-344-8444
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75 South Lasalle Street, Aurora, IL – $475,000

  • $475k Price
  • 229 DOM
  • $475k Price
  • 229 DOM

75 South Lasalle Street

5,280 sq/ft building with 2,640 sq/ft drive in lower level. Fully updated move in ready with great cashflow potential 16+% CAP Rate: 1st Floor: Envelope, move in ready 2 ADA BRs, Wood Floors, 16' Ceilings, Original Frank Lloyd Wright tile windows located above each of east facing showcase windows. [Target Rent: $2,640 / month] 2nd Floor: 3 apartments: unit 201: Studio, w/ current rent $720. Potential to earn $950+ /mo) Unit 202: (600 sq/ft) 1 BR asking $1,050 /mo., Unit 203: 1,100 sq/ft) 1 large, 342 sq/ft, bedroom. Current rent $1,055 w/ potential to ask $1,350 /mo Lower Level: Garage [18.5'x33.5' (627 sq/ft)] access via City Easement off Bolton St. direct. Can be expanded to additional lower level space (1,336 sq/ft) Access Options from Garage and/or First Floor. Potential Use: First Floor Storage or light manufacturing/mechanical, Small Engine or Bike Repair, Dry Goods or Auto Storage, Office Space, Art Studio, Retail. 1st Floor transition to lower level [equipped with two rest rooms (Ruffed-In) can be used for additional restroom for 1st floor tenant or lower level space. Includes office and separate storage [525 sq/ft inclusive] Income Garage w/ storage space: Full potential Lower Level Income for the 2,488 sq/ft space: $1,244 /mo Street Parking or City Parking Lot is available 200 ft way on SE corner of S. LaSalle & Bolton NOTE: FINANCIALS INDICATE PROFORMA PROJECTIONS [current and projected market rates] Proforma CAP RATE - RENT ROLL is attached

Essential Information

  • MLS® #10581564
  • Price$475,000
  • Property Taxes$3,940.20
  • Acres0.00
  • Year Built1917
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address75 South Lasalle Street
  • AreaAurora / Eola
  • CityAurora
  • CountyKane
  • StateIL
  • Zip Code60505

Additional Information

  • Days on Market229

Listing Details

Office

Keller Williams Realty Infinity

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Keller Williams Realty Infinity.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Redco Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on July 10th, 2020 at 1:15pm CDT.

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