168 S Lincoln Ave Aurora, IL 60505
McCarty Burlington NeighborhoodEstimated payment $3,775/month
Total Views
95,735
--
Bed
--
Bath
3,800
Sq Ft
$154
Price per Sq Ft
About This Home
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. Tenants pay all utilities. Units have been updated and property is fully leased! Three car garage and additional parking in back for each unit! Freshly painted exterior and entryway. New off street asphalt parking lot has just been completed. Hurry and schedule your showing! Units 5 and 6 will be shown on the initial visit and all units will be available for showings during the due diligence period.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,898
Year Built
- Built in 1900
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 80x165x81x177
Parking
- 6 to 12 Parking Spaces
Home Design
- Composition Roof
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
Utilities
- No Cooling
- Hot Water Heating System
- Separate Meters
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $1,553
- Trash Expense $2,076
- Operating Expense $11,321
- Gross Income $71,820
- Net Operating Income $60,499
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,898 | $115,215 | $9,438 | $105,777 |
| 2023 | $7,693 | $102,944 | $8,433 | $94,511 |
| 2022 | $7,136 | $93,927 | $7,694 | $86,233 |
| 2021 | $7,060 | $87,447 | $7,163 | $80,284 |
| 2020 | $6,755 | $81,225 | $6,653 | $74,572 |
| 2019 | $6,631 | $75,257 | $6,164 | $69,093 |
| 2018 | $6,660 | $73,136 | $5,702 | $67,434 |
| 2017 | $6,608 | $67,385 | $5,254 | $62,131 |
| 2016 | $4,819 | $45,793 | $4,504 | $41,289 |
| 2015 | -- | $40,093 | $3,873 | $36,220 |
| 2014 | -- | $48,146 | $3,559 | $44,587 |
| 2013 | -- | $54,859 | $3,580 | $51,279 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $585,000 | 0.0% | $154 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $585,000 | -- | $154 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $343,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $182,000 | Commercial |
Source: Public Records
About the Listing Agent
Matt Lysien is an experienced real estate professional with over 17 years of expertise in helping clients buy and sell homes in Illinois. He works with Suburban Life Realty and specializes in residential homes, multi-unit properties, and investment opportunities. Matt is known for his exceptional customer service, strong negotiation skills, and deep knowledge of the local real estate market. He has successfully completed over 200 transactions in the past year, with a price range that spans from
Matt's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12421876
APN: 15-27-129-007
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