168 S Lincoln Ave - Apartments FOR SALE


Aurora, IL 60505- McCarty Burlington
$560,000 USD
847-309-6939
168 S Lincoln Ave, Aurora, IL for Sale
$560,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

168 S Lincoln Ave
Aurora, IL 60505
McCarty Burlington


HIGHLIGHTS

  • Close to downtown Aurora
  • City street

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$560,000 USD

PRICE/SF

$147 USD /SF

# OF UNITS

6

PRICE/UNIT

$93,333

CAP RATE

Request Cap Rate

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SFR

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,825 SF

ZONING

R-4

APN/PARCEL ID

15-27-129-007

ASK ABOUT THIS PROPERTY

Matt LysienSuburban Life RealtyMore Info
847-309-6939

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Matt LysienSuburban Life RealtyMore Info
847-309-6939

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.