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Duplex Income Property
For Sale
$350,000

218- 220 S Lake Street, Aurora, IL 60506

Commercial Sale, Aurora, IL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market35

Property Features for 218- 220 S Lake Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions From I-88 exit Lake Street (Rt 31) south to property. 1 block south of Aurora Library. Coming from south, exit route 30, north to property.
Subdivision Aurora / Eola
Standard status Active
APN 1521476007
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3836

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Wood, Cedar
Listing Agency: Keller Williams Innovate · Keller Williams Realty
Listed By: Ray Garcia
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 20 at 9:06PM
MLS# 12708298

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 for-sale duplex income property is located at 218–220 S Lake Street in Aurora, IL 60506. The listing includes a single parcel with a lot size of 0.18 acres and is classified for commercial use under zoning code COMMR.

The property is marketed as a duplex/multifamily-residential income asset, offering an owner the opportunity to control a two-unit configuration on one address.

For buyers reviewing commercial zoning considerations, this asset’s COMMR classification and compact lot footprint are key details to confirm for intended use and operations. Listing price is $350,000.

Key Highlights

  • Cooling provided by window unit(s)
  • Construction materials include wood and cedar
  • Year built: 1900

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Skin Care Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,604
Businesses Nearby

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex at 218–220 S Lake Street in Aurora, IL, zoned COMMR and situated on a 0.18-acre lot.
Where is this duplex located?
The property is located at 218- 220 S Lake Street Aurora, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Cooling provided by window unit(s); Construction materials include wood and cedar; Year built: 1900
More about this property
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