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$560,000 Just Listed
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Property Description
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 the property is fully leased aside from two for showing purposes! Three-car garage and additional parking in back for each unit! Freshly painted exterior and entryway. A new off-street asphalt parking lot has recently been completed. Hurry and schedule your showing! Units 2 and 6 will be shown on the initial visit, and all units will be available for showings during the due diligence period. The owner can have the two units rented quickly at the pro forma price for financing purposes.
Full Property Details
Full Property Details for 168 S Lincoln Ave
General
- Price: $560,000
- Taxes: $7,898 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12620422
- Updated: 4/20/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Unfinished
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: Route 25 to Downers Pl E to Lincoln Ave S to Home
- Location Details: In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Trash: 2076
Structural Information
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,800
- Current Bldg. Use: Multi-Family
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503
- Lot Dimensions: 80 x 165 x 81 x 177
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,771
- Operating Expenses: $11,745
- Assessment Year: 1900
- Tax Amount: $7,898.2
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Sewer
- Pays Trash: 2076
Disclosures and Reports
- Property ID: 1527129007
Listed by Suburban Life Realty, Ltd
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Schools
Schools serving 168 S Lincoln Ave
School District:Aurora East Unit School District 131
| Name | Grades | Distance |
|---|---|---|
C M Bardwell Elementary School 550 South Lincoln Avenue, Aurora, IL 60505 | PK-5 | 0.5 mi |
K D Waldo Middle School 56 Jackson Street, Aurora, IL 60505 | 6-8 | 0.4 mi |
East High School, Aurora, IL 500 Tomcat Lane, Aurora, IL 60505 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 168 S Lincoln Ave
Date
Details
Price
Change
Source
4/20/2026
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 168 S Lincoln Ave
168 S Lincoln Avenue, Aurora, IL 60505 (MLS# 12620422) is a Commercial property. 168 S Lincoln Avenue is currently listed for $560,000 and was received on April 20, 2026. Want to learn more about 168 S Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

