This all-brick multifamily apartment building contains seven units: two one-bedroom apartments and five two-bedroom apartments. The property sits on a 0.27-acre lot and is zoned for multi-family use (MULTI). It is located at 400 E Downer Place in Aurora, Kane County, within a historic neighborhood, offering a mix of unit sizes within a single residential income building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?

$12k

Tax billed · 2022

Assessed value$162k

Assessed land$27k

Assessed improvement$135k

Effective rate7.60%

Value estimate

· Oct 2026

$360k

$324k – $396k

AI approach$410k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$1,099/SF

Submarket average, outlier-cleaned · 56 recorded sales of this use type

Observed band · Q1–Q3$101 – $3,408

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency11.8

Tailor Shop10.6

Computer & Electronic Repair10.4

400 Downer Pl Aurora, IL 60505-3457

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby

Address Sale price Sold Size

415 Galena, Aurora, IL 60505-7401 $3,300,000 May 2024 5,914 SF

1811 Felten, Aurora, IL 60505-1391 $1,100,000 Jan 2024 7,440 SF

1771 Felten, Aurora, IL 60505-1389 $720,000 Jan 2023 3,900 SF

1116-1120 Sheffer, Aurora, IL 60505 $640,000 Dec 2021 6,752 SF

1751 Felten, Aurora, IL 60505-1387 $690,000 Nov 2021 5,310 SF

323 Rosewood, Aurora, IL 60505-4268 $300,000 Dec 2018 3,920 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$510,000

6,011 SF

466 Farnsworth Ave

APARTMENT HOUSE (5+ UNITS)

466 Farnsworth Ave, Aurora, IL 60505-3078

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Value Estimation
$675,000

6,752 SF

1116-1120 Sheffer Rd

APARTMENT HOUSE (5+ UNITS)

1116-1120 Sheffer Rd, Aurora, IL 60505

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Value Estimation
$1,120,000

3,900 SF

1715 Felten Rd

APARTMENT HOUSE (5+ UNITS)

1715 Felten Rd, Aurora, IL 60505-1383

View Details
Value Estimation
$315,000

3,800 SF

242 Lasalle St

APARTMENT HOUSE (5+ UNITS)

242 Lasalle St, Aurora, IL 60505-4285

View Details
Value Estimation
$725,000

10,004 SF

991 Tollview Ave

APARTMENT HOUSE (5+ UNITS)

991 Tollview Ave, Aurora, IL 60505-2063

View Details
Value Estimation
$395,000

10,004 SF

1051 Tollview Ave

APARTMENT HOUSE (5+ UNITS)

1051 Tollview Ave, Aurora, IL 60505-2064

View Details

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Separate utility systems and a deep fenced lot support practical residential use.

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New

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Updated units, dedicated parking, and MULTI zoning support the property’s residential income use.

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400 Downer Pl Aurora, IL 60505

Property summary