Aurora, IL Multifamily Properties for Sale

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Updated: Apr 18

Remodeled 6-Unit Apartment Building

168 S Lincoln Avenue, Aurora, IL 60505

$550,000

3,800 sqft

Remodeled 6‑unit multi‑family building with updated units and Year Built listed as 1900
New roof installed 10/2025
Property is fully leased, with two units available for showings (Units 2 and 6 shown on initial visit; all units during due diligence)
Tenants pay all utilities
3‑car garage plus additional parking in back for each unit

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168 S Lincoln Avenue, Aurora, IL 60505

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Est. Cap Rate

6%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$467K
Suggested
Property Type

Single Family Residence
Built 1900

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Updated: Jul 23

Victorian Multifamily Residence

479 N Lake Street, Aurora, IL 60506

$575,000

0.93 AC lot

Approximately 0.93 acres across 479 N Lake Street and 475 N Lake Street
1880 Victorian residence with seven bedrooms and finished third‑floor space
Full basement with additional rooms, bathroom, and interior and exterior access
One‑car detached garage on the 475 N Lake Street parcel
Wrap‑around front porch and off‑street parking

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14-Bedroom Multifamily Property

13-15 S WEST Street, Aurora, IL 60505

$749,900

0.18 AC lot

Rehabilitated brick building with updated kitchens, bathrooms, and building systems.

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Two-Unit Duplex with Finished Basement

312 S Spencer Street, Aurora, IL 60505

$344,900

0.14 AC lot

Vinyl-sided duplex with forced-air heat, garage parking, and a finished basement.

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9-Unit Apartment Building with Ductless HVAC

304 Hankes Avenue, Aurora, IL 60505

$1,600,000

0.33 AC lot

Well-maintained nine-unit building with split ductless heat and A/C, coin-operated laundry, and upgraded systems across most units.

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Three-Unit Mixed-Use Building

102 N Ohio Street, Aurora, IL 60505

$490,000

0.11 AC lot

Street-level commercial space is paired with two residential apartments and rear parking.

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Duplex Income Property

218- 220 S Lake Street, Aurora, IL 60506

$350,000

0.18 AC lot

For sale duplex at 218–220 S Lake Street in Aurora, IL, zoned COMMR and situated on a 0.18-acre lot.

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Turnkey 9-Unit Multifamily

304 Hankes Avenue, Aurora, IL 60505

$1,600,000

6,532 sqft

Turnkey, fully occupied nine-unit multifamily with renovated units, coin laundry, and rentable basement storage.

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Six-Unit Brick Apartment Building

1740 Felten Road, Aurora, IL 60505

$1,025,000

0.42 AC lot

Six-unit brick apartment building with garage parking, private upper balconies, and coin-operated laundry on site.

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Six-Unit Apartment Building