Remodeled Six-Unit Apartment
For Sale
Under Contract
$550,000
168 S Lincoln Avenue, Aurora, IL 60505
Commercial Sale, Aurora, IL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market188
Property Features for 168 S Lincoln Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Basement
Basement
Unfinished
Directions
Route 25 to Downers Pl E to Lincoln Ave S to Home
Subdivision
Aurora / Eola
Standard status
Active Under Contract
APN
1527129007
Lot size
0.31 Acres
Additional Details
Tenant in Place
Yes
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
(847) 363-0990
Listed By:
Matthew Lysien
(847) 309-6939
Added: Apr 20
Changed: Oct 23
Last Checked: Oct 24 at 11:06PM
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.
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Investment Insights
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Located at 168 S Lincoln Avenue in Aurora, Illinois, this six-unit apartment building occupies a 0.31-acre parcel and was originally built in 1900. The units have been updated, and the property includes a three-car garage, rear parking for each unit, and a recently completed off-street asphalt parking lot. The exterior and entryway have also been freshly painted. A composition roof was installed in 10/2025, and the cedar-sided building is zoned MULTI.
The property is within walking distance of stores, restaurants, Paramount Theater, Hollywood Casino, parks, and trails. Tenants are responsible for all utilities. The building is currently leased with two units being held for showings, providing an established multifamily configuration with onsite parking and updated common presentation.
The property is within walking distance of stores, restaurants, Paramount Theater, Hollywood Casino, parks, and trails. Tenants are responsible for all utilities. The building is currently leased with two units being held for showings, providing an established multifamily configuration with onsite parking and updated common presentation.
Key Highlights
- Six‑unit apartment building on a 0.31‑acre parcel
- Updated units with tenants paying all utilities
- New composition roof installed in 10/2025
Property Analytics
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Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
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Business Placement
Demographics for 60505, IL
57,906
Population
18,681
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
64%
High-School Grad
10.1 sq mi
ZIP Area
5,733
Density / Sq Mi
$70,306
Median Household Income
$33,912
Median Earnings
$1,230
Median Rent
$192,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated units, dedicated parking, and MULTI zoning support the property’s residential income use.
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: Six‑unit apartment building on a 0.31‑acre parcel; Updated units with tenants paying all utilities; New composition roof installed in 10/2025
