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Listing provided courtesy of Suburban Life Realty, LtdMREDas Distributed by MLSGrid- MLS# 12620422MLS Provider

168 S Lincoln AvenueAurora, IL 60505

Commercial · 8 Beds · 3,800 Sq. ft. | 0.31 Acres
$550,000 Active

168 S Lincoln Avenue Overview

Time on Site:
70 days
Visits:
2

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.

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168 S Lincoln Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,800
  • Price/Sq.ft. $145
  • Lot 0.31 Acres

Details

General

Association/HOA

  • Association Fee Includes: None

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 74760
  • Gross Scheduled Income: 74760
  • Insurance Expense: 1771
  • Maintenance Expense: 0
  • Net Operating Income: 63015
  • Operating Expense: 11745
  • Trash Expense: 2076
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1900

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Aurora / Eola
  • Township: Aurora

Rent/Lease Information

  • Tenant Pays: Electricity, Heat, Sewer

Tax Information

  • Tax Annual Amount: $8,231.00
  • Tax Year: 2025

General Information

  • Parcel Number: 1527129007
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 3800

General Information

  • Basement: Unfinished
  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters
  • Fireplaces Total: 0
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 0.31
  • Lot Size Dimensions: 80X165X81X177
  • Lot Size Square Feet: 13503

Building Exterior/Construction

  • Construction Materials: Cedar
  • Roof: Composition

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

168 S Lincoln Avenue Neighborhood

Community

60505 (Aurora) Demographics

33
Median Age
6,291
Population Density (per sq. mile)
16%
College Educated
$54,191
Estimated Median Income
12,597
Estimated Total Home Owners
8,523
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

168 S Lincoln Avenue Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

168 S Lincoln Avenue Market Data

Based on the last 30 days in this zip code

$289,799
Average List Price
$235
Average Price per Square Foot
22
Properties Sold
47
Average Days on Market
41
Properties for Sale
Calculations provided by Reliance Network

168 S Lincoln Avenue History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/5/2026Source: MRED Price Reduction
$550,000 -1.8%
6/5/2026Source: MRED Status Change
Price Change
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Added to Database
April 20, 2026