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Two-Unit Duplex
New
For Sale
$325,000

424 S Lincoln Avenue, Aurora, IL 60505

Separate utility meters allow occupants of each residence to manage their own utility accounts.

Property SizeContact for details
Days on Market4

Property Features for 424 S Lincoln Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Neighborhood Tomcat 4th Ward
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $5,137

Building Details

Year Built 1900
Listing Agency: Keller Williams Innovate
Listed By: Jose Gonzalez
Source: Fishmangroup
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 3:06PM

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 Keller Williams Innovate

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Investment Insights

Based on property information with market context.

This two-unit duplex was built in 1900 and is being offered in as-is condition. The property has separate utility meters for each residence, with tenants responsible for utilities. The roof is approximately 7 years old, and the furnaces are 6 and 11 years old. The first-floor unit has newer central air conditioning, and some windows have also been replaced.

The property is located in Aurora’s Near Eastside Historic District. The city of Aurora may offer home improvement grants to qualified owners and properties.

Key Highlights

  • Two‑unit duplex built in 1900
  • Separate utility meters; tenants pay utilities
  • Roof approximately 7 years old

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

750
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utility meters allow occupants of each residence to manage their own utility accounts.
Where is this duplex located?
The property is located at 424 S Lincoln Avenue Aurora, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1900; Separate utility meters; tenants pay utilities; Roof approximately 7 years old
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