400 E Downer Place Aurora, IL ^$ 980,000

400 E Downer Place

^$ 980,000

Back to search

400 E Downer Place

Aurora, IL, 60505

^$ 980,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 6,188

400 E Downer Place, Aurora, IL 60505 - Image 1

Multi-Family Home for sale in Aurora, IL

for $980,000 with 3 bedrooms. The lot size is 0.27.

Multifamily property is on the market. Great Investment. All Brick building in great shape on Downer Place in Historical Neighborhood in Aurora. 2 one bedrooms and 5 two bedrooms. Historical low vacancy.

Multi-Family Contingent

Price

^$ 980,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 14,189

Style

Multi-Family

Lot Size

0.27

Town/City

Aurora

County/Region

Kane

MLS | Web ID

12683916

Features

General

Zoning MULTI

Year Built 0

Tenant Pays Electricity

Stories Count 2

Township Aurora

Tax Year 2025

Current Use Multi-Family

Gross Income 114000

County Kane

Net Operating Income 82673

Operating Expense 29972

Insurance Expense 3044

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 2600

Status Contingent

Directions lake to Downers to address

City Aurora

Number Of Units Total 7

MLS Area Aurora / Eola

Lot Size Square Feet 11965

Tax Annual Amount 14189

Electric Expense 622

Fuel Expense 0

Trash Expense 2440

Water Sewer Expense 6776

Additional Parcels Y/N N

Standard Status Active Under Contract

Cap Rate 8.4

Exterior

Lot Dimensions 68 X 176

Lot Size Acres 0.27

* Excluded Features

List By

Kale Realty

Broker

jyshparekh@hotmail.com

Affordability Calculator

$7,370

Per Month

Monthly Principal & Interest: $6,188
Monthly Property Taxes: $1,182
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Aurora, IL

Average List Price ^$537,587

Percent of Sale Price 45%

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
6/22/2026	$980,000		Listed Price

Map

More homes like this one

homes for you

See all

400 E Downer Place, Aurora, IL, 60505 is a Multi-Family Home for sale at $980,000 with a lot size of 0.27. 400 E Downer Place has 3 bedrooms and 0.0 baths. 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 6.49% 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.

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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

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

Data is updated as of 7/2/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

400 E Downer Place

Multi-Family Home for sale in Aurora, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home