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Sold on 09/28/2022
Melanie Broderick of Metro Realty Inc.

311 E Illinois Ave, Aurora, IL 60505

$325,000

Last sold 09/28/2022 for $239K

  • 5

    bed

  • 2

    bath

Multi-family not for sale
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About 311 E Illinois Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Movoto estimate
Parking 1 garage spaces
Property description
Seller open to providing buyers assistance based on contract agreement. Well maintained 2 unit duplex sitting on a Main Street with good advertising for rental. The first floor is vacant with new paint , carpet -2002 , kitchen cabinets and flooring installed in 2001 . This duplex is a money maker with 3 bedrooms on the first floor and 2 on the second . Zoned R-4 and compliance with city of Aurora rental License. The property has separate utilities and furnaces & central air. *Water & water heater is shared *. Upper floor is currently occupied by stellar long term tenant which paid faithfully During Covid . Rent is $900. 00 per month , tenant understands that once the building is sold rent will go up. ***** Showings will be M-F after 5 PM on Saturdays 9 am & 4 pm Sunday after 3 PM due to coordination with tenant and seller . ** First floor refrigerator is sold as is very old and if it fails it will not be replaced. ** New AC for second floor 2002. Walk to the train station and River Edge Park for events.
Listed by
Listing Agent - Melanie Broderick
Listing Office - Metro Realty Inc.
Source: MRED mls logo
MLS#11460081 • last updated 3 years ago
Movoto checked MRED for data 16 minutes ago
Overview
Levels/Style American 4-Sq.
MLS # 11460081
SubType 2 Flat
Status Closed
Type Two To Four Units
Property Tax $ 3760.64
Year Built 1900
Buyer Agent Commission 3.50% - $325, % Of Net Sale Price
Interior
Basement Full, Cellar
Total # of Rooms 11
Exterior
Exterior Vinyl Siding
Garage Desc None/NA, Detached
# Garage Spaces 1
Parking Desc Other
# Parking Spaces 7
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Aurora / Eola
County Kane
Elementary School Nicholas A Hermes Elementary Sch
Elementary School District 131
Middle School District 131
Middle School C F Simmons Middle School
High School District 131
APN 1515477006
Zoning MULTI
Directions From Route 31 Lake Street Take A Left Going East On Illinois Ave Over The River Up The Hill.
Multifamily Details
Expense: Insurance 1600
Expense: Water/ Sewer 150
Total Rental Income 900
$325K
Range: $282K-$367K
Last 30 days 
  • Nov 2022
    Public Records
  • Nov 9, 2022 Sold
    $239,000
  • Nov 2022
    mls logo MLS # 11460081
  • Nov 1, 2022 Sold
    $239,000
  • Sep 29, 2022 Active
    —
  • Sep 20, 2022 Listed
    —
  • Sep 13, 2022 Active
    —
  • Sep 8, 2022 Listed
    —
  • Jul 16, 2022 Active
    —
  • Jul 10, 2022 Listed
    $239,000
  • Year Property taxes Tax assessment
  • 2024
    $4,326 +4.2%
    $71,111 +11.92%
  • 2023
    $4,150 +8.2%
    $63,537 +12.49%
  • 2022
    $3,835 +2.0%
    $56,480 +7.41%
  • 2021
    $3,761 +5.5%
    $52,583 +7.66%
  • 2020
    $3,563 +5.2%
    $48,842 +9.92%
  • 2019
    $3,387 +9.0%
    $44,434 +10.75%
  • 2018
    $3,107 -99.0%
    $40,120 +5.98%
  • 2017
    $312,412 +7973.3%
    $37,857 +2.94%
  • 2016
    $3,870
    $36,777
  • 311 E Illinois Ave
    $239K
  • Pigeon Hill
    $184K -31% y/y
  • 60505
    $245K +2% y/y
  • Aurora
    $414K +7% y/y
No chart available
Statistics calculated by Movoto

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2/10
Nicholas A Hermes Elementary School
public Grades PK, K-5
Aurora East Usd 131
4/10
C F Simmons Middle School
public Grades 6-8
Aurora East Usd 131
3/10
East High School
public Grades 9-12
Aurora East Usd 131
Source: GreatSchools.org © 2026. All rights reserved.

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