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    168 S Lincoln Ave Aurora, IL 60505

    For Sale
    $575,000

    Commercial Sale - Aurora, IL

    Property size:
    3,800 SF
    Lot size:
    0.31 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 168 S Lincoln Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    1527129007
    Size
    3,800 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1900
    Number of units
    6
    Roof type
    Composition
    Architectural style
    Other

    Suburban Life Realty, Ltd. (847) 309-6939 [email protected]

    Listing agent Matthew Lysien (847) 363-0990 License #471003181

    Listing date Oct 22, 2025

    MLS# 12500556 Listing URL

    Copyright © 2025 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.

    Overview

    Remodeled 6-Unit Multifamily Investment

    This remodeled 6-unit multifamily property presents an investment opportunity in Aurora, Illinois. The property is situated in a location that provides convenient access to stores, restaurants, the Paramount Theater, Hollywood Casino, parks, and trails. The property is fully leased, offering immediate cash flow, with potential for increased value. Tenants are responsible for covering all utility expenses. The exterior and entryway have been freshly painted. A new roof was installed in October 2025. A new off-street asphalt parking lot has been recently completed. The property includes a three-car garage and additional parking in the back for each unit. The lot size is 0.31 acres and the property size is 3800 square feet. The zoning is MULTI, allowing for multifamily use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3139642
    Latitude
    41.752081

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    FAQs

    What type of property is this?
    Apartment building - Remodeled 6-unit building in Aurora, fully leased and cash flowing.
    Where is this apartment building located?
    The property is located at 168 S Lincoln Ave Aurora, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Remodeled 6-unit multi-family building.; - Excellent cash flow with potential for increased value.; - Prime location: walking distance to downtown Aurora amenities. Enjoy easy access to stores, restaurants, theater, casino, parks, and trails.
    (847) 363-0990
    Request Owner's contact information
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    Aurora, IL 60505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    168 S Lincoln Ave Aurora, IL 60505
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