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Two-Unit Duplex
For Sale
$344,900
Pending

312 S Spencer Street, Aurora, IL 60505

Residential Income, Aurora, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market46

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 1, Basement, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6
Parking 5
Parking features Owned, Garage
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 Pending
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: Aug 11 Changed: Sep 19 Last Checked: Sep 25 at 10:06AM
MLS# 12729880

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.

This 1904 duplex contains two separate residential units, each arranged with 2 bedrooms and 1 bathroom. A finished basement adds 2 more bedrooms and 1 full bathroom, creating supplemental living area for household, recreational, or other uses subject to buyer verification. The property has vinyl siding, forced-air heating, a garage, and a long driveway with off-street parking.

The 0.14-acre property is located at 312 S Spencer Street in Aurora, IL 60505, near schools, shopping, and dining. Major roads and transportation are accessible from the property. Public water and public sewer serve the building.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • Finished basement includes 2 additional bedrooms and 1 full bathroom
  • Built in 1904 on a 0.14‑acre parcel

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Finished basement, off-street parking, and public utilities support flexible residential use.
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 $344,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Finished basement includes 2 additional bedrooms and 1 full bathroom; Built in 1904 on a 0.14‑acre parcel
More about this property
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