168 S Lincoln Avenue Aurora, IL ^$ 575,000

168 S Lincoln Avenue

^$ 575,000

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168 S Lincoln Avenue

Aurora, IL, 60505

^$ 575,000

Bedrooms8 Baths0.0 Sq 3,800

Monthly Estimate*

^$ 3,587

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Multi-Family Home for sale in Aurora, IL

for $575,000 with 8 bedrooms. This 3,800 square foot home was built in 1900 on a lot size of 0.31.

ATTENTION MULTI-FAMILY INVESTORS! REMODELED, 6-UNIT IN A GREAT LOCATION!!! ***New Roof just installed 10/2025*** Great opportunity to invest in a multi unit building near all of what downtown Aurora has to offer!! Desirable location as it is walking distance to stores, restaurants, Paramount Theater, Hollywood Casino, parks, trails, and so much more! Cash flow is excellent with significant remaining upside through value-addition. Tenants pay all utilities. Units have been updated and property is fully leased! Three car garage and additional parking in back for each unit! Freshly painted exterior and entryway. New off street asphalt parking lot has just been completed. Hurry and schedule your showing! Units 5 and 6 will be shown on the initial visit and all units will be available for showings during the due diligence period.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 7,898

Style

Multi-Family

Lot Size

0.31

Year Built

1900

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12500556

Features

General

Cooling None

Possession Closing

Roof Composition

Zoning MULTI

Association Fee Includes None

Construction Materials Cedar

Year Built 1900

Electric Circuit Breakers Separate Meters

Tenant Pays Electricity Heat Sewer

Stories Count 2

Township Aurora

Tax Year 2024

Current Use Multi-Family

Gross Income 71820

County Kane

Net Operating Income 60499

Operating Expense 11745

Insurance Expense 1771

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status Active

Directions Route 25 to Downers Pl E to Lincoln Ave S to Home

City Aurora

Number Of Units Total 6

MLS Area Aurora / Eola

Lot Size Square Feet 13503

Tax Annual Amount 7898.2

Electric Expense 0

Fuel Expense 0

Trash Expense 2076

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Cap Rate 10.3

Interior

Basement Unfinished

Total Fireplaces 0

Exterior

Building Area Total 3800

Lot Dimensions 80X165X81X177

Lot Size Acres 0.31

Frontage Type City Street

* Excluded Features

List By

Suburban Life Realty, Ltd

Broker

lysienma@suburbanliferealty.com

Affordability Calculator

$4,245

Per Month

Monthly Principal & Interest: $3,587
Monthly Property Taxes: $658
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Aurora, IL

Average List Price ^$484,100

Percent of Sale Price 16%

About Aurora, IL

196,909 Population

37% Since 2002

^$62,357 Median Income

32.79 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$575,000		Listed Price

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168 S Lincoln Avenue, Aurora, IL, 60505 is a Multi-Family Home for sale at $575,000 with 3,800 sqft and a lot size of 0.31. 168 S Lincoln Avenue has 8 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 60505 which is in Aurora, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

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168 S Lincoln Avenue

Multi-Family Home for sale in Aurora, IL

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