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Investment Highlights

  • Close to downtown Aurora
  • City street

Executive Summary

ATTENTION MULTI-FAMILY INVESTORS! REMODELED, 6-UNIT IN A GREAT LOCATION!!! ***New Roof just installed 10/2025*** Great opportunity to invest in a multi-unit building near all of what downtown Aurora has to offer!! Desirable location as it is walking distance to stores, restaurants, Paramount Theater, Hollywood Casino, parks, trails, and so much more! Cash flow is excellent with significant remaining upside through value-addition. Tenants pay all utilities. Units have been updated, and the property is fully leased aside from two for showing purposes! Three-car garage and additional parking in back for each unit! Freshly painted exterior and entryway. A new off-street asphalt parking lot has recently been completed. Hurry and schedule your showing! Units 2 and 6 will be shown on the initial visit, and all units will be available for showings during the due diligence period. The owner can have the two units rented quickly at the pro forma price for financing purposes.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $560,000
Price Per Unit $93,333
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 3,800 SF
Average Occupancy 67%
No. Stories 2
Year Built 1900
Parking Ratio 3.6/1,000 SF
Zoning R-4

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
2+1 1 - -
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
15-27-129-007
Land Assessment
$9,438 (2024)
Improvements Assessment
$105,777 (2024)
Total Assessment
$115,215 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40217095

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 168 S Lincoln Ave, Aurora, IL 60505

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