544 E New York Street

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544 E New York Street

Aurora, IL 60505
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Aurora, Illinois
  • Asset is situated at 544 E New York Street
  • Property type supports long-term residential rental income
  • Asset is positioned in a growing suburban market
  • Located within the 60505 ZIP code area

What's Special

544 E New York Street is a multifamily apartment building situated in Aurora, Illinois. This asset occupies a key position within the local residential landscape, providing a consistent housing option for the growing population of this suburban Chicago market. The property serves as a stable addition to an investment portfolio, catering to the steady demand for rental units in the region. Aurora remains a significant economic hub in the western suburbs, known for its diverse local industries and proximity to major regional transit routes. The building is well-positioned for an owner seeking to capitalize on the consistent need for managed residential space. Whether held as a long-term income property or integrated into a larger housing portfolio, this apartment building provides a functional asset in a well-established community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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