1115 Kane Street, Aurora, IL, 60505

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$359,900
New Listing

1115 Kane Street
Aurora, IL 60505

For Sale|Multi Family|Active
5
Beds
2
Total Baths
1973
Built
County:
Kane
Listing Courtesy of MRED as distributed by MLS Grid of Compass

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1115 Kane Street1115 Kane Street1115 Kane Street1115 Kane Street
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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 updated 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.

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Listing Snapshot
Price 
$359,900
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1973
MLS Number 
12796087
Status 
Active
Property Tax 
$5,733.6
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS
5 hours agoListing first seen on site
General Features
Acres 
0.17
Parking 
Unassigned
Parking Spaces 
5
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
FinishedDaylight
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl SidingBrick
Roof 
Asphalt
Community Features
MLS Area 
Aurora / Eola
School District 
East High School
Township 
Aurora
Schools
School District
East High School
Elementary School
Edna Rollins Elementary School
Middle School
C F Simmons Middle School
High School
East High School
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-10-28 11:52 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-10-28 11:52 PM UTC
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