26 E Downer Place
Aurora, IL, 60505 $ 425,000
Bedrooms-- Baths-- Sq 4,200 for $425,000. This 4,200 square foot property was built in 1900 on a lot size of 0.055096.
Commercial Property across the street 1 block from City Parking Garage in Downtown Aurora's Historic Stolp Island District. This mixed Use, Zoned DC, versatile commercial space offers approximately 2,800 square feet, including 1,400 square feet on the main level and a fully finished 1,400-square-foot walk-out lower level. There is also an updated 1,400sqft 1-bedroom apartment above with a den that you can occupy and run business below or rent out. The flexible business space layout is ideal for retail, professional offices, medical or wellness practices, creative studios, consulting firms, showrooms, and a variety of other business uses. Located along the vibrant Downer Street corridor, the property enjoys outstanding visibility, steady pedestrian and vehicle traffic, and is surrounded by popular restaurants, coffee shops, boutiques, fitness centers, professional offices, Aurora City Hall, the Paramount Theatre, the G.A.R. Memorial Hall & Military Museum, and many other downtown destinations. The finished lower level provides additional private offices, meeting rooms, flexible workspace, and a restroom, offering tremendous versatility for a growing business. Take advantage of the opportunity to establish your business in one of Aurora's most recognizable historic districts and become part of the continued revitalization of Downtown Aurora. Use the lower level for conference or training rooms, multiple private offices or treatment rooms, a restroom, and abundant storage. Also good for professional offices, law firms, accounting practices, medical or dental offices, counseling services, salons, wellness businesses, creative studios, and many other permitted uses. 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 New
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
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 Bybryan@bcoolbanker.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 |
|---|
| 10/23/2026 | $425,000 | | Listed Price |