26 E Downer Place
Aurora, IL, 60505 $ 419,250
Bedrooms-- Baths-- Sq 4,200 for $419,250. This 4,200 square foot property was built in 1900 on a lot size of 0.055096.
Exceptional opportunity to own a versatile mixed-use building in the heart of Downtown Aurora's Historic Stolp Island District. Whether you're an entrepreneur looking to establish your business, a professional seeking a highly visible office location, or an investor searching for a property with multiple income streams, this building offers outstanding flexibility and long-term potential. The main level features approximately 1,400 square feet of commercial storefront space with excellent street presence and exposure along Downer Place. The fully finished walk-out lower level expands the usable space to approximately 2,800 square feet and includes a large conference or training room, multiple private offices or treatment rooms, a restroom, and abundant storage. The layout is ideal for professional offices, law firms, accounting practices, medical or dental offices, counseling services, salons, wellness businesses, creative studios, and many other permitted uses. The second floor offers a spacious one-bedroom apartment with a den, beautifully renovated in 2007, providing approximately 1,400 square feet of living space. Occupy it yourself, lease it for additional rental income, or provide convenient on-site living for an owner or employee. Situated in one of Aurora's most walkable and rapidly evolving business districts, the property is surrounded by popular restaurants, coffee shops, boutiques, entertainment venues, professional offices, fitness studios, Aurora City Hall, and the Paramount Theatre, creating a vibrant environment for both businesses and residents. Whether you're expanding your business, relocating to a premier downtown location, or investing in a property with exceptional upside potential, this is a rare opportunity to own a highly adaptable mixed-use building in one of Aurora's most desirable commercial corridors. Property is being sold AS-IS.
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FeaturesGeneralCooling Central Air
Zoning OTHER
Year Built 1900
Electric Circuit Breakers Service - 101 to 200 Amps
Stories Count 2
Township Aurora
Property Subtype Mixed Use
Tax Year 2025
Gross Income 3800
County Kane
Net Operating Income 36314
Operating Expense 9286
Insurance Expense 33328
Property Type Commercial Sale Mixed Use
Possible Use Retail
Status Active
Directions South Broadway West Downer Place to the North
City Aurora
Number Of Units Total 2
MLS Area Aurora / Eola
Lot Size Square Feet 2400
Tax Annual Amount 4076
Electric Expense 0
Fuel Expense 0
Trash Expense 374
Water Sewer Expense 1092
Additional Parcels Y/N N
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 2000
Cap Rate 8.66
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ExteriorBuilding Area Total 4200
Lot Dimensions 20X120
Frontage Type City Street
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* Excluded FeaturesList Bygarenella@c21circle.comEmail
NearbyAbout Aurora, IL 196,909 Population
37% Since 2002
$ 62,357 Median Income
32.79 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $419,250 | | Listed Price |