6-Unit Mixed-Use
For Sale
Contact for pricing
Pending
131 W Illinois Ave, Aurora, IL 60506
Combines commercial space with leased residential apartments in a versatile property configuration.
Property Size8,927 SF
Days on Market142
Property Features for 131 W Illinois Ave
General Information
Standard status
Pending
Size
8,927 SF
Property subtype
Mixed Use
Additional Details
Asking Price
$699,000
Multifamily Units
4
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
BEI Commercial Real Estate
(630) 313-4257
Listed By:
Nicholas Scanlan · License #IL 475192947
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BEI Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 131 W Illinois Ave in Aurora, IL, this mixed-use property contains 6 units within 8,927 square feet. The configuration includes 2 commercial units and 4 residential apartments, creating a combination of business and residential space under one roof.
All 4 apartments are leased. The property also includes a billboard lease with Lamar that runs through 2028. The existing layout provides both commercial occupancy and residential tenancy at an established Aurora address.
All 4 apartments are leased. The property also includes a billboard lease with Lamar that runs through 2028. The existing layout provides both commercial occupancy and residential tenancy at an established Aurora address.
Key Highlights
- 6 units total: 2 commercial units and 4 residential apartments
- 8,927 square feet of mixed‑use space
- 4 leased residential apartments
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines commercial space with leased residential apartments in a versatile property configuration.
Where is this mixed-use property located?
The property is located at 131 W Illinois Ave Aurora, IL.
What are key features of this property?
This property features: 6 units total: 2 commercial units and 4 residential apartments; 8,927 square feet of mixed‑use space; 4 leased residential apartments
