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614 S Lincoln Avenue Aurora, IL 60505

$349,900
Contingent / MLS# 12646320 / Multi Unit - Multiple / Aurora
7 Beds
2 Baths

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!

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Baird & Warner Michael Beaver Agent Cell: 773.368.1969 Email

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Estimated Payment

$ 1,232.28 per month $777.56 Principal & Interest $352.67 Property Tax $102.05 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Crawl Space, Partial
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 43.25 X 86.32
Taxes: $4,232

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 43.25 X 86.32
Parcel#: 1528428004
Parking: Off Street, Driveway, Yes
Sewer: Public Sewer
Total Rooms: 13
Township: Aurora
Water: Public

Schools

School District: District 131

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: iHome Real Estate

Listing Office Phone: 630-779-3963



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