For Sale
$550,000

168 Lincoln Ave Aurora, IL 60505

Six-unit flat, fully leased, prime location.

Overview

Added:
Feb 3
Days on market:
79
This exceptional six-unit apartment building, located at 168 S Lincoln Avenue in Aurora, IL, presents a compelling investment opportunity. The property boasts a total of 3,800 square feet and sits on a 0.31-acre lot. Its prime location in downtown Aurora offers unparalleled convenience, with easy walking access to a variety of amenities including numerous stores, restaurants, the Paramount Theater, Hollywood Casino, parks, and trails. The building is currently fully leased, providing immediate cash flow for the investor. Each of the six units has undergone updates, ensuring a high level of appeal to tenants. A three-car garage is included, along with additional parking spaces in the rear of the building, providing ample parking for residents. Units 2 and 5 are available for viewing upon initial inspection, with all units accessible for showings during the due diligence period. This property represents a rare chance to acquire a well-maintained, high-demand multi-unit building in a thriving downtown area. The strong tenant occupancy and desirable location make this an attractive investment with significant potential for future growth and return. The asking price is $550,000.

Property Details for 168 Lincoln Ave

Property type
Commercial real estate
Square Feet
3,800 SF
Year Built
1900
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Aurora
County
Kane
State
Illinois
Latitude
41.75209
Longitude
-88.31393

FAQs

What type of property is this?
Commercial real estate - Six-unit flat, fully leased, prime location.
Where is the commercial real estate located?
The property is located at 168 Lincoln Ave Aurora, IL.
What is the asking price?
The asking price for this property is $550,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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168 Lincoln Ave
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