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Two-Unit Duplex Building
For Sale
$344,900

312 S Spencer St, Aurora, IL 60505

Legal two-unit property with finished basement space, a long driveway, and off-street parking.

Property SizeContact for details
Days on Market20

Property Features for 312 S Spencer St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1904
Buildings 1
Listing Agency: Spring Realty
Listed By: Shopping Casas
Source: Shoppingcasaschicago
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 30 at 4:10PM

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 Spring Realty

Investment Insights

Based on property information with market context.

This legal duplex, built in 1904, contains two residential units with matching layouts of two bedrooms and one bathroom each. A finished basement adds two bedrooms and one full bathroom; compliance for any additional use is subject to buyer verification.

The property is located at 312 S Spencer St in Aurora, Illinois. Exterior features include a long driveway with off-street parking. Schools, shopping, dining, major roads, and transportation are identified in the surrounding area.

Key Highlights

  • Legal duplex with two 2‑bedroom, 1‑bath units
  • Finished basement with 2 bedrooms and 1 full bathroom
  • Built in 1904

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

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

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 - Legal two-unit property with finished basement space, a long driveway, and off-street parking.
Where is this duplex located?
The property is located at 312 S Spencer St Aurora, IL.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Legal duplex with two 2‑bedroom, 1‑bath units; Finished basement with 2 bedrooms and 1 full bathroom; Built in 1904
More about this property
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