5

Aurora, IL Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /35

    $585,000

    • 3,800 Sq Ft

    168 S Lincoln Ave, Aurora, IL 60505

    ATTENTION MULTI-FAMILY INVESTORS! REMODELED, 6-UNIT IN A GREAT LOCATION!!! 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.

    Agent Photo

    Matt Lysien

    Suburban Life Realty, Ltd

    (331) 320-2588

    168 S Lincoln Ave, Aurora, IL 60505
  • /14

    $330,000

    • 6 Beds
    • 2 Baths

    624 S Lincoln Ave, Aurora, IL 60505

    Don't Miss This Income-Producing Multifamily ! Perfect for investors looking to grow their portfolio or savvy buyers ready to live in one unit and rent the other! Each unit features 3 spacious bedrooms and 1 full bathroom. Freshly painted interiors for a move-in-ready feel Downstairs unit includes a basement for added storage. Current rents are market value-huge upside potential!

    Claudia Torres Century 21 Circle - Aurora

    624 S Lincoln Ave, Aurora, IL 60505
  • /11

    $1,475,000

    1038 Liberty St, Aurora, IL 60505

    ATTENTION INVESTORS... This property prints money! This turn of the century Aurora mansion sits on slightly over 1 acre land (truly hard to find in the heart of city!). The Mansion with impressive curb appeal has been converted to 10 studio and/or 1 bedroom, 1 bathroom apartments. There is plenty of tenant parking with 18 spaces and room for more. All electric and plumbing has been updated within

    Alex Rullo RE/MAX All Pro - St Charles

    1038 Liberty St, Aurora, IL 60505
  • /10

    $389,900

    • 4 Beds
    • 4 Baths

    1927 W Illinois Ave Unit 29, Aurora, IL 60506

    The 1927 side is leased, while the 1929 side has intentionally been kept vacant ( Anticipated rent is $1650 per month) and can be shown at any time. There is extremely high rental demand.

    Imtiaz Rehman Imtiaz A Rehman

    1927 W Illinois Ave Unit 29, Aurora, IL 60506
  • /5

    $295,000

    • 3 Beds
    • 2 Baths

    121 N Smith St, Aurora, IL 60505

    This charming two-unit investment property features spacious 2-bedroom apartments on each floor, a full basement, a two-car garage, a shed for extra storage, and a large, fenced backyard. Both units come with a stove and fridge. Fully leased and income-generating, it's ideal for investors or multi-generational living. New roof, gutters and water heater.

    Laura Rios Coldwell Banker Realty

    121 N Smith St, Aurora, IL 60505

Why Live in Aurora

The beautifully restored Art Deco Paramount Theatre stands as Aurora's cultural cornerstone, presenting Broadway-caliber performances throughout the year. Music fills the air at RiverEdge Park, an outdoor venue along the Fox River hosting events like the Blues on the Fox festival. Families gravitate to Phillips Park, which features a zoo, mastodon exhibit, and aquatic center, while history comes alive at Blackberry Farm's 19th-century pioneer life museum. The Chicago Premium Outlets draw shoppers with over 170 designer stores, complemented by the diverse retail selection at Fox Valley Mall. Downtown Aurora buzzes during First Fridays with pop-up art galleries and live music.

Aurora's real estate landscape spans diverse price points across distinct neighborhoods. The median price for single-family homes in Aurora is $320,000, with significant variation by area. Far East commands the highest median prices at $543,500, while Southeast Aurora and Downtown Aurora present more affordable options at $239,900 and $240,000 respectively. Fox Valley features condos with median prices of $147,500 for one bedroom units and $219,000 for two bedrooms.

Property taxes in Aurora reflect Kane County's 2.39% effective rate, higher than nearby Naperville's DuPage County rate of 2.09%. The Illinois state income tax rate stands at 4.95%, with a combined sales tax rate of 8.89%.

Education excellence shines through highly rated schools like the Illinois Mathematics and Science Academy and Waubonsie Valley High School, both earning A+ ratings. Aurora University provides higher education opportunities. Commuters benefit from Metra rail service to Chicago and Pace bus connections throughout the region. The Fox River Trail and over 30 parks covering 800 acres create abundant recreational spaces, while Rush-Copley Medical Center ensures quality healthcare access.

Home Trends in Aurora, IL

Housing Trends

Median Sale Price
$425,000
Median Single Family Sale Price
$485,000
Median Townhouse Sale Price
$445,000
Median 2 Bedroom Sale Price
$185,500
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$229
Number of Homes for Sale
25
Last 12 months Home Sales
242
Months of Supply
1.20
Median List Price
$439,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home