168 S Lincoln Avenue

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Address: 168 S Lincoln Ave, Aurora, IL 60505, USA
Chicago & Midwest + Apartment Buildings
Created date: April 20, 2026
Date last updated: October 3, 2026
Price: $550,000Investment Analyzer NEW!

Property Description

ATTENTION MULTI-FAMILY INVESTORS! REMODELED, 6-UNIT IN A GREAT LOCATION!!! ***New Roof just installed 10/2025*** 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 the property is fully leased aside from two for showing purposes! Three-car garage and additional parking in back for each unit! Freshly painted exterior and entryway. A new off-street asphalt parking lot has recently been completed. Hurry and schedule your showing! Units 2 and 6 will be shown on the initial visit, and all units will be available for showings during the due diligence period. The owner can have the two units rented quickly at the pro forma price for financing purposes.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $550,000
No. of Units: 6
Year Built: 1900
Opportunity Zone: No
Price per unit: $91,667
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 6
Address: 168 S Lincoln Avenue, Aurora, IL 60505, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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