Aurora, IL 60505 614 S Lincoln Avenue
$349,900



24 more
























Presented By: iHome Real Estate
Home Details
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!
Presented By: iHome Real Estate
Interior Features for 614 S Lincoln Avenue
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Crawl Space, Partial
Total Number of Units2
General for 614 S Lincoln Avenue
CityAurora
Construction MaterialsVinyl Siding
ContingencyAttorney/Inspection
CountyKane
DirectionsLincoln Avenue corridor Galena or downer to Lincoln then south
Elementary School District131
HeatingNatural Gas, Forced Air
High School District131
MLS AreaAurora / Eola
Middle/Junior School District131
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount4232
Tax Year2024
Total Rooms13
TownshipAurora
ZoningMULTI
Exterior for 614 S Lincoln Avenue
BuyerOfficeFax(888) 388-3539
Exterior AmenitiesBalcony
Lot Dimensions43.25 X 86.32
Parking FeaturesOff Street, Driveway, Yes
Total Parking3
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
