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Victorian Multifamily Property
For Sale
$565,000

479 N Lake Street, Aurora, IL 60506

The residence combines a two-story layout with finished living space on the third floor.

Property SizeContact for details
Lot Size0.93 Acres
Days on Market10

Property Features for 479 N Lake Street

General Information

Standard status Active
Lot size 0.93 Acres
Property subtype Two to Four Units
Zoning MULTI

Amenities

Partially Finished,Unfinished,Full,Daylight
3
6
2
1
Backs to Public GRND,Backs to Trees/Woods
Public
10
120.21 x 350
0.93
Yes
Security System,CO Detectors,Ceiling Fan(s),Water Heater-Gas
Off Street,Guest,Yes,Owned
Stone

Building Details

Year Built 1880
Construction Victorian
Listing Agency:
Listed By: George & Maribel Medina · License #471005598
Source: Gmsrealtygroup
Added: Oct 20 Changed: Oct 28 Last Checked: Oct 28 at 3:47PM

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 George & Maribel Medina

Rey
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Investment Insights

Based on property information with market context.

This 1880-built Victorian residence has two main stories and a finished third-floor level. The first floor includes a living room, dining room, family room or office with a fireplace, kitchen, half bath, and enclosed rear porch. Five bedrooms and two full bathrooms are on the second floor, along with a sitting area; the finished upper level adds two bedrooms, a full bath, and storage. A full basement with additional rooms and a bathroom has both interior and exterior access.

The offering includes 479 N. Lake Street and the parcel at 475 N. Lake Street, for approximately 0.93 acres combined. The second parcel has a detached one-car garage, and the property has off-street parking. The roof was replaced in recent years with a complete tear-off.

Key Highlights

  • Two parcels total approximately 0.93 acres
  • Seven bedrooms across the second and third floors
  • Full basement with additional rooms and a bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

1,300
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
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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?
Multifamily property - The residence combines a two-story layout with finished living space on the third floor.
Where is this multifamily 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 $565,000.
What are key features of this property?
This property features: Two parcels total approximately 0.93 acres; Seven bedrooms across the second and third floors; Full basement with additional rooms and a bathroom
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