168 S Lincoln Ave Aurora, IL 60505
For Sale
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This exceptional six-unit apartment building, located at 168 S Lincoln Avenue in Aurora, IL, presents a compelling investment opportunity. The property boasts a total of 3,800 square feet and sits on a 0.31-acre lot. Its prime location in downtown Aurora offers unparalleled convenience, with easy walking access to a variety of amenities including numerous stores, restaurants, the Paramount Theater, Hollywood Casino, parks, and trails. The building is currently fully leased, providing immediate cash flow for the investor. Each of the six units has undergone updates, ensuring a high level of appeal to tenants. A three-car garage is included, along with additional parking spaces in the rear of the building, providing ample parking for residents. Units 2 and 5 are available for viewing upon initial inspection, with all units accessible for showings during the due diligence period. This property represents a rare chance to acquire a well-maintained, high-demand multi-unit building in a thriving downtown area. The strong tenant occupancy and desirable location make this an attractive investment with significant potential for future growth and return. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.