Home Details for 154 S Locust Street

3 Adjoining Properties sold as an inseparable package. 1 - 4 flat, 1 - 2 flat, and 1 Parking lot. Ideal for experienced buyers or savvy investors who understand and appreciate older properties which generate excellent revenue and are prepared to take it on as it stands. ** The 4 flat (154 Lasalle) is a "Money Maker Plus - Gardner House ca 1887. Designated Aurora Historical Landmark Status. 4 Apartments, Fully Occupied: 1 (2 Bedroom), 1 (1 Bedroom), 1 ( Studio), 1 (4 Bed AIRBNB, 90% Occupancy over 9 years). 75% remodeled to high standard. Recent roof, circuit breakers, water heaters, window AC's, many upgrades over 18 years. Long term tenants. Tenant parking in back along alley. This 139-year-old building offers extraordinary income, historic character and solid bones, along with the realities of its age. There are known foundation water intrusion issues in the basement. The property is being sold strictly as-is. Seller will make no repairs, provide no credits, and will not entertain post-inspection renegotiations. Inspections are welcome for buyer's information only. ** The 2 flat, (156 Lasalle) a Rare Brick Vintage Two Flat Building - Judson House ca 1890. Designated Aurora Historical Landmark Status. Fully Occupied: 1 (2 Bedroom), 1 (3 Bedroom). Building has many upgrades over 15 years, to roof, gutters, plumbing and electrical to meet current codes, but still maintains original woodwork and charm. Recent roof, storm windows, circuit breakers, gutters, water heater, coin laundry. Tenants pay for gas and electric utilities. Long term leases. Low property taxes and insurance. ** Parking lot (160 Lasalle) has 17 parking spaces, 11 of which are rented monthly by tenants. Each property has a separate PIN

• Cooling Information

  • Window Unit(s)

• Basement

  • Unfinished