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168 S Lincoln Avenue, Aurora, IL, 60505
6-Unit Apartment Building

168 S Lincoln Avenue Aurora, IL 60505

For Sale
$550,000

MULTI_FAMILY - Aurora, IL

Lot Size0.31 Acres
Days on Market98

Property Features for 168 S Lincoln Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
6
Rooms
Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 5, Basement, Bathroom 5, Bedroom 2, Bathroom 3
Basement
Unfinished
Standard status
Active
APN
1527129007
Lot size
0.31 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8231

Building Details

Year built
1900
Floors in Building
2
Number of units
6
Building materials
Cedar
Roof type
Composition
Listing Agency: Suburban Life Realty, Ltd
Listed By: Matthew Lysien · License #471003181
Added: Apr 20 Changed: Jul 17 Last Checked: Jul 26 at 4:06AM
MLS# 12620422

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a renovated 6-unit apartment building offering updated units and a more recent exterior presentation, including a freshly painted exterior and entryway. A new roof was installed in October 2025. The property is configured with parking that includes a three-car garage plus additional parking in the back for each unit. Tenants are responsible for paying all utilities.

168 S Lincoln Avenue is located in Aurora, Illinois, and the seller notes the property is within walking distance to retail and dining, the Paramount Theater, Hollywood Casino, parks, and trails in the downtown area. According to the remarks, the building is fully leased, with two units available for showing on initial visits, and all units available during the due diligence showing period. A recently completed off-street asphalt parking lot is also noted.

For multifamily investors or operators seeking an actively managed, updated smaller building, this asset provides a straightforward residential income configuration with tenant-paid utilities and dedicated on-site parking. With most units currently leased and the remaining units available for showings during due diligence, prospective buyers can efficiently review unit conditions and confirm leasing details as part of their underwriting.

Key Highlights

  • Remodeled 6‑unit multi‑family property built in 1900 with cedar construction
  • New roof installed in 10/2025; composition roof
  • Tenants pay all utilities; property is fully leased aside from two units available for showing

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store & Service Acupuncture Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Updated 6-unit with a new roof, tenant-paid utilities, and on-site parking for each unit.
Where is this apartment building located?
The property is located at 168 S Lincoln Avenue Aurora, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Remodeled 6‑unit multi‑family property built in 1900 with cedar construction; New roof installed in 10/2025; composition roof; Tenants pay all utilities; property is fully leased aside from two units available for showing
More about this property
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