Aurora, IL 60506 218-220 S Lake Street
$350,000
Presented By: Keller Williams Innovate - Aurora
Home Details
This property features a mixed use 2 story commercial space and a residential apartment, making it ideal for investors or owner. Users looking to operate a business while generating supplemental rental income. Main Level: Spacious commercial storefront with excellent visibility and steady traffic along S Lake St. Perfect for retail, office, or a service based operation. Walk-Out Basement: Fully accessible ideal for storage, studio use, workshop space. Second Floor: Bright and well maintained 1-bedroom apartment with a private entrance ideal for an owner-occupant, on-site manager, or traditional rental. A major advantage of this property is its large private parking lot, offering approximately 15 parking spaces a rare convenience for businesses and tenants in this area. Located near the heart of downtown Aurora, the property benefits from high visibility, close proximity to public transportation, restaurants, shopping, and local attractions. The flexible layout provides endless possibilities for creating the ideal environment to fit your business needs, whether you're launching, expanding, or relocating. Second Parcel Number is 15-21-476-008 currently being used as a parking lot for the existing commercial building. Taxes for the second parcel are 430.66.
Presented By: Keller Williams Innovate - Aurora
General for 218-220 S Lake Street
Additional Parcels Y/NYes
CityAurora
Construction MaterialsWood, Cedar
CoolingWindow Unit(s)
CountyKane
DirectionsI-88 to Lake street/ route 31 approximately 5 miles south.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet7840
MLS AreaAurora / Eola
Number Of Units Total2
Possible UseCommercial, Legal Non Conforming, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount3307.28
Tax Year2024
Tenant PaysElectricity, Heat
TownshipAurora
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Water Sewer Expense0
Year Built1900
ZoningCOMMR
Exterior for 218-220 S Lake Street
Building Area Total924
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions7840.80
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 924