218- 220 S Lake Street Aurora, IL $ 350,000
218- 220 S Lake Street
$ 350,000
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218- 220 S Lake Street

Aurora, IL, 60506
$ 350,000
Bedrooms-- Baths-- Sq 924

Monthly Estimate*

$ 2,210

218- 220 S Lake Street, Aurora, IL 60506 - Image 1
218- 220 S Lake Street, Aurora, IL 60506 - Image 2
218- 220 S Lake Street, Aurora, IL 60506 - Image 3
218- 220 S Lake Street, Aurora, IL 60506 - Image 4
218- 220 S Lake Street, Aurora, IL 60506 - Image 5
218- 220 S Lake Street, Aurora, IL 60506 - Image 6

Commercial Property for sale in Aurora, IL

for $350,000. This 924 square foot building was built in 1900 on a lot size of 0.179982.

Prime Two Parcel Commercial Opportunity with Unbeatable Parking-Near Downtown Aurora! EXCEPTIONAL VERSTILITY-LIVE/WORK or PURE INVESTMENT WITH 14 DEDICATED PARKING SPACES. This is an incredibly rare oportunity for a business owner or investor seeking a high visibility location with an abundance of private parking. Situated just one block south of the Aurora Library and the thriving downtown distrcit, this well-maintained property offers two distinct parcels with endless potential. PROPERTY HIGHLIGHTS: INCOME-GENERATING 2 UNIT STRUCTURE *1ST FLOOR RETAIL CURRENTLY OPERATING AS A HAIR SALON. THIS VERSATILE SPACE CAN EASILY BE CUSTOMIZED OR BUILT OUT TO MATCH YOUR NEEDS OR VISION. *MASSIVE 14 SPACE PARKING LOT WHEN YOU ADD THE ADDITIONAL SPACES INCLUDED IN THE ADJACENT PARCEL TO THE SOUTH. *A FINISHED WALKOUT BASEMENT PROVIDES EXPANSIVE SECURE SPACE FOR INVENTORY, EQUIPMENT OR YOUR SPECIFIC BUSINESS STORAGE. *UNBEATABLE VALUE PRICED COMPETIVELY FOR A QUICK SALE, OFFERING INCREDIBLE EQUITY POTENTIAL IN A CITY WHERE THE MEDIAN SALES PRICE IS APPROXIMATELY $350,000. *LIVE UPSTAIRS AND RUN YOUR BUSINESS BELOW OR LEASE BOTH UNITS FOR AN INVESTMENT INCOME STREAM. TAKE ADVANTAGE OF AURORA'S DOWNTOWN RESURGENCE AND THRIVING DOWNTOWN DISTRICT. *PROPERTY HAS BEEN WELL MAINTAINED. BUYER TO CONDUCT DUE DILIGENCE REGARDING PROPERTY CONDITION, ZONING AND MUNICIPAL REGULATORY REQUIREMENTS.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 3,835

Style

Lot Size

0.179982

Year Built

1900

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12708298

Features
General
Cooling Window Unit(s)
Zoning COMMR
Construction Materials Wood Cedar
Year Built 1900
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Tax Year 2025
Current Use Other
Gross Income 0
Additional Parcels Description 1521476008
County Kane
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Legal Non Conforming Retail
Status Active
Directions From I-88 exit Lake Street (Rt 31) south to property. 1 block south of Aurora Library. Coming from south exit route 30 north to property.
City Aurora
Number Of Units Total 2
MLS Area Aurora / Eola
Lot Size Square Feet 7840
Tax Annual Amount 3835.62
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 924
Lot Dimensions 7840.80
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* Excluded Features
List By
Keller Williams Innovate

Broker

raygarcia2@gmail.com;rgarcia2@outlook.com

Email

Affordability Calculator

$2,530
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$350,000 Listed Price

Map


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218- 220 S Lake Street, Aurora, IL, 60506 is a Commercial Property for sale at $350,000 with 924 sqft and a lot size of 0.179982. 218- 220 S Lake Street was built in 1900. The property's zip code is 60506 which is in Aurora, IL