A Monte Carlo simulation of the non-equilibrium behavior of multilayer magnetic nanostructure Co/Cu(100)/Co consisting of alternating magnetic and nonmagnetic nanolayers is carried out. Analysis of calculated two-time autocorrelation function for structure relaxing from both hightemperature and low-temperature initial states reveals aging characterized by a slowing down of correlation characteristics with increase of the waiting time. It is shown that, in contrast to bulk magnetic systems, the aging effects in nanostructure arise not only at the ferromagnetic ordering temperature T c but also within a wide temperature range at TT c . For evolution from hightemperature initial state, the study of dependence of aging characteristics on thickness N of cobalt films reveals a weakening of the aging with increasing N at the critical temperatures T c (N) and an opposite tendency at temperatures T<T c (N) with strengthening of aging with increasing N for considered N9 ML. This phenomenon is connected with increasing correlation and relaxation times in nanostructures when temperature is decreased. For case of the low-temperature initial state, it is shown that correlation times are two-three orders of magnitude smaller than those in the evolution from a high-temperature initial state at the same t w values. In this case, time behavior of the autocorrelation function doesn't depend considerably on temperature for T s T c and thickness N of cobalt films. Simulation of transport properties in Co/Cu(100)/Co structure permitted to calculate temperature dependence of its equilibrium magnetoresistance values. For the first time, it was revealed influence of non-equilibrium behavior on the magnetoresistance with demonstration of nontrivial aging effects. It has been shown that the magnetoresistance reaches plateau in asymptotic long-time regime with values N T , d ¥ ( ), which depend on type of initial state, thickness of cobalt films, and temperature.