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Two-Unit Duplex with Finished Basement
For Sale
$344,500

312 S Spencer Street, Aurora, IL 60505

MULTI_FAMILY - Aurora, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market157

Property Features for 312 S Spencer Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Basement, Bedroom 3, Bedroom 2
Parking 5
Parking features Garage, Owned
Basement Full, Finished
Elementary school John Gates Elementary School
Middle school Henry W Cowherd Middle School
High school East High School
Elementary school district 131
Middle school district 131
High school district 131
Directions From Galena heading east, take a right on Spencer st., straight to property on left.
Subdivision Aurora / Eola
Standard status Active
APN 1527278006
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3774

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1904
Building materials Vinyl Siding
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Katherine Vences · License #475189610
Added: Mar 7 Changed: Aug 8 Last Checked: Aug 11 at 8:06AM
MLS# 12586101

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.

Well-maintained legal two-unit duplex at 312 S Spencer Street in Aurora, IL. Each unit offers 2 bedrooms and 1 bathroom. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, creating extra living space for a variety of uses (buyer to verify compliance).

Exterior features include a long driveway with ample off-street parking, along with an owned garage to support multiple occupants. The building is constructed with vinyl siding and heated with forced air.

Public utilities are provided with public water and public sewer service. Built in 1904, this duplex is suited to owner-occupants and investors seeking a straightforward two-unit residential setup with additional basement space.

Key Highlights

  • Legal two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • Finished basement adds 2 bedrooms and 1 full bathroom (buyer to verify compliance)
  • 0.14‑acre lot with long driveway and ample off‑street parking

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

434
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
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-unit duplex with two bedrooms and one bathroom per unit, plus a finished basement with two additional bedrooms.
Where is this duplex located?
The property is located at 312 S Spencer Street Aurora, IL.
What is the asking price?
The asking price for this property is $344,500.
What are key features of this property?
This property features: Legal two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Finished basement adds 2 bedrooms and 1 full bathroom (buyer to verify compliance); 0.14‑acre lot with long driveway and ample off‑street parking
More about this property
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