$2,395,000

1655 FELTEN Road, Aurora IL, 60505

Price per sqft$176.52

Built in1974

Property size13,568 sqft

Property typeMulti-family

Bought with Rutul Parekh with ARNI Realty Incorporated and Listed by Sean Morrissey with Chicagoland Realty Group Partners LLC 630-881-7082

Overview

Sold

Closed

Listed Sep 2, 2025

Updated May 29

16 unit multifamily building with 15 units offering a 2 bed/1 bath arrangement and 1 unit offering a 1 bed/1 bath arrangement. On-site coin operated laundry offering 2 washers/2 dryers leased by WASH with six years remaining on lease agreement. All units have been updated in past five years with new shower surrounds, flooring, lighting, window treatments, appliances, air conditioners, and most heating elements replaced. Parking lot replaced in 2019. Mansard Roof replaced in 2020. Fencing around property replaced in 2023. All residents receive two parking stalls reserved (except from one bedroom). Residents only responsible for electric bill as water bill is included and no gas services property. Building backs to Gilman bike path. Minutes from I88 expressway and new casino being built next to Premium Outlet Mall. All apartments on 12-24 month leases at this time.

Other Property Details

Taxes: $30,888
Tax Frequency: Annually
Maintenance Expense: $3,667
Municipality: Aurora

Bought with Rutul Parekh with ARNI Realty Incorporated and Listed by Sean Morrissey with Chicagoland Realty Group Partners LLC 630-881-7082

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