775-785 Gerten Avenue

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775-785 Gerten Avenue

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 asset located in Aurora, Illinois
  • Property address is 775-785 Gerten Avenue
  • Situated within the 60505 zip code area
  • Investment vehicle suited for residential portfolios
  • Asset type categorized as an apartment building

What's Special

This multifamily apartment building sits at 775-785 Gerten Avenue in Aurora, Illinois. The property serves the regional rental market within the Chicago metropolitan area, which continues to see steady demand for residential housing options. Aurora represents a significant economic hub in the state, supported by a diverse population and a robust local infrastructure that connects residents to the broader Illinois business corridor. Investors and operators often target assets of this nature for their potential to provide stable cash flow and long-term value within a well-established submarket. The site's layout supports efficient residential management and maintenance operations for a landlord or investor looking to strengthen their current portfolio. Given the property's configuration, it remains a suitable acquisition for those seeking a tangible stake in the active suburban housing sector.

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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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