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About the Listing 87410 - 882754,241327
Check out this this well-maintained 2-unit property that offers an outstanding opportunity for both investors and owner-occupants alike! Located at 614 S. Lincoln Ave in the heart of Aurora, this property features a vacant first-floor unit ready for immediate occupancy or rental income, while the second-floor unit is already tenant occupied on a month-to-month lease. The spacious first-floor unit offers 3 bedrooms and 1 full bath and is vacant Perfect for an owner-occupied tenant to live in & collect rent from the 2nd unit. The second-floor unit features 4 bedrooms and 1 full bath with separate front and rear entrances for added privacy and convenience. Major capital improvements have already been completed, including new siding, gutters, soffit, fascia, and all new windows within the last 2 years. Roof replaced in 2019. Property also features updated electrical throughout, all new copper plumbing, and separate 200-amp electrical service for each apartment. One water heater is brand new, while the second was replaced approximately in 2018. Furnaces are in great condition! Additional features include washer/dryer hookups in the basement, an unfinished basement ideal for storage with both interior and exterior walkout access, and an extra-long driveway that comfortably fits 2 vehicles. The property also backs to Concord Street, providing ample additional street parking for tenants and guests. Conveniently located near downtown Aurora, residents will enjoy easy access to shopping, restaurants, schools, parks, public transportation, and the vibrant entertainment and dining options along the Fox River corridor. Quick access to major roadways and the Metra station makes commuting simple. A turnkey multi-unit opportunity with potential and excellent long-term upside!
Listing Highlights
Status
Pending
Days on Site
18
Property Type
Multi-Family
MLS ®
12646320
Year Built
Total Square Footage
0
Lot/Acreage
43.25 X 86.32
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Crawl Space,Partial
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 43.25 X 86.32
- Zoning: MULTI
- Roof:
- Others: Balcony
- Sewer: Public Sewer
- Parking Features: Off Street,Driveway,Yes
Financial Details
- Tax Amount: $4,232
- Taxes w/Assessments: N/A
- Tax/Property ID: 1528428004
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
614 S Lincoln Ave Aurora, IL 60505
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