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Victorian Residence with Third-Floor Space
For Sale
$600,000

479 N Lake Street, Aurora, IL 60506

MULTI_FAMILY - Victorian - Aurora, IL

Property SizeContact for details
Lot Size0.93 Acres
Days on Market15

Property Features for 479 N Lake Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Basement
Parking 10
Parking features Guest, Off Street, Owned
Window features Screens
Basement Full, Unfinished, Daylight, Partially Finished
Lot features Backs to Public G R N D, Backs to Trees/ Woods
View Water
Elementary school Smith Elementary School
Middle school Jewel Middle School
High school West Aurora High School
Elementary school district 129
Middle school district 129
High school district 129
Directions Route 31 (Lake Street) between Illinois Avenue and West Park Avenue. East side of street on the beautiful banks of the Fox River!
Subdivision Aurora / Eola
Standard status Active
APN 1522128033
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam
Water source Public
Water front features River Front
Water front 1

Building Details

Year built 1880
Building materials Vinyl Siding
Roof type Rubber, Asphalt
Architectural style Victorian
Listing Agency: Pilmer Real Estate, Inc
Listed By: Linda Pilmer · License #471006122
Added: Jul 23 Changed: Aug 1 Last Checked: Aug 6 at 1:06PM
MLS# 12710125

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 property consists of a spacious two-story Victorian residence with walk-up stairs to a third-floor finished space for additional living. The main floor includes a foyer, half bathroom, huge living room, dining room, and a family room/office area with a fireplace, plus a kitchen and a back enclosed porch area for added living space. The second floor features five bedrooms and two full baths, along with an additional sitting area. The third floor includes two additional bedrooms, a full bath, and storage. A full basement with additional rooms and a bathroom is accessible from both the interior and the exterior. Roof replacement occurred via a total tear-off in recent years.

The parcel is zoned R-5 (S) and includes river-front frontage. The listing also includes 475 N. Lake Street (15-22-128-035), for approximately 0.93 total acres for both parcels. The 475 N. Lake Street parcel includes a one-car detached garage, and the property offers off-street parking.

Built in 1880, the home has vinyl siding and is served by public water and public sewer. Heating includes natural gas with steam, and the roof is listed as rubber and asphalt.

Key Highlights

  • Zoned R‑5 (S) residential income property with river‑front frontage
  • Two‑story Victorian with walk‑up stairs to third‑floor finished space
  • Approximately 0.93 acres total for both parcels, including 475 N. Lake Street (15‑22‑128‑035)

Property Analytics

Current Use

Hope For Tomorrow Inc Social Service Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tattoo & Piercing Shop Pet Store & Service Fish Market Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

1,823
Businesses Nearby

Demographics for 60506, IL

52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Zoned R-5 (S), this Victorian home offers a third-floor finished space accessible by walk-up stairs and off-street parking.
Where is this residential income property located?
The property is located at 479 N Lake Street Aurora, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Zoned R‑5 (S) residential income property with river‑front frontage; Two‑story Victorian with walk‑up stairs to third‑floor finished space; Approximately 0.93 acres total for both parcels, including 475 N. Lake Street (15‑22‑128‑035)
More about this property
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