26 E Downer Place, Aurora, IL 60505
- Added:
- Mar 19, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 22 at 8:06 pm
Property Features for 26 E Downer Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1522334011
- Size
- 2,800 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2473
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
Listing agent Athanasios Tsipas License #471021109 (630) 480-6465
Listing office Keller Williams Infinity 608 S Washington St, Geneva, IL (630) 778-5800
Listing date Mar 19, 2026
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.
HighLights
- Historic two‑story mixed‑use building in Aurora's Downtown Historic District.
- 2,800 sq/ft of retail space, including a finished lower‑level walk‑out.
- One renovated 1‑bedroom apartment with den (1,400 sq/ft) on the second floor.
- Central Air Conditioning.
- Located in the center of Aurora's Stop Island on Downer Street.
- Close proximity to restaurants, coffee shops, fitness centers, and other amenities.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $24.00 |
| − Vacancy | −$6.7k | −$2.40 |
| EGI | $60.5k | $21.60 |
| − OpEx | −$22.7k | −$8.10 |
| NOI | $37.8k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Kane
- State
- Illinois
- Longitude
- -88.3153728
- Latitude
- 41.7570109