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$248,301
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Property Description
Investor Special! Live in one unit and rent the other or rent both units for maximum income potential. Current tenants may be willing to stay, as both are on MTM leases. The first floor unit offers 3 bedrooms and 1 bath; second floor unit features 2 bedrooms and 1 bath. Major mechanicals are newer, including an approximately 8-year-old roof, two furnaces about 4 years old, and two water heaters roughly 3 years old. Tenants pay gas and electric. Add sweat equity with rehab and unlock strong upside for a flip or long term investment. Property is being sold AS IS.
Full Property Details
Full Property Details for 554 S 4th St
General
- Sold For: $248,301
- Taxes: $4,723 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12521785
- Added to Site: 76 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Equipment: Multiple Water Heaters
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Aurora / Eola
- County: Kane
- Driving Directions: E. New York St. to S. Fourth St. to 554-556 S. Fourth St.
School Information
- School District: 131
- Midd School District: 131
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+
Utilities
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Construction: Fir
- Exterior Const.: Fir
- Basement Desc.: Unfinished, Full
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8712
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $4,723
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1527326017
Listed by Berkshire Hathaway HomeServices Starck Real Estate
Sold by Payne Realty
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Schools
Schools serving 554 S 4th St
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 | 0.3 mi |
K D Waldo Middle School 56 Jackson Street, Aurora, IL 60505 | 6-8 | 0.7 mi |
East High School, Aurora, IL 500 Tomcat Lane, Aurora, IL 60505 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 554 S 4th St
Date
Details
Price
Change
Source
1/30/2026
Sold
$248,301
10.36%
MLS
12/15/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
554 S 4th Street, Aurora, IL 60505 (MLS# 12521785) is a Multi-Family property that was sold at $248,301 on January 30, 2026. Want to learn more about 554 S 4th Street? Do you have questions about finding other Multi-Family real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

