218- 220 S Lake Street, Aurora, IL 60506 (MLS # 12708298)

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PRICE $350,000 dsIDX morgage calculator
SIZE 924 sqft
LOT SIZE 7,798 sqft

Prime Two Parcel Commercial Opportunity with Unbeatable Parking-Near Downtown Aurora! EXCEPTIONAL VERSTILITY-LIVE/WORK or PURE INVESTMENT WITH 14 DEDICATED PARKING SPACES. This is an incredibly rare oportunity for a business owner or investor seeking a high visibility location with an abundance of private parking. Situated just one block south of the Aurora Library and the thriving downtown distrcit, this well-maintained property offers two distinct parcels with endless potential. PROPERTY HIGHLIGHTS: INCOME-GENERATING 2 UNIT STRUCTURE *1ST FLOOR RETAIL CURRENTLY OPERATING AS A HAIR SALON. THIS VERSATILE SPACE CAN EASILY BE CUSTOMIZED OR BUILT OUT TO MATCH YOUR NEEDS OR VISION. *MASSIVE 14 SPACE PARKING LOT WHEN YOU ADD THE ADDITIONAL SPACES INCLUDED IN THE ADJACENT PARCEL TO THE SOUTH. *A FINISHED WALKOUT BASEMENT PROVIDES EXPANSIVE SECURE SPACE FOR INVENTORY, EQUIPMENT OR YOUR SPECIFIC BUSINESS STORAGE. *UNBEATABLE VALUE PRICED COMPETIVELY FOR A QUICK SALE, OFFERING INCREDIBLE EQUITY POTENTIAL IN A CITY WHERE THE MEDIAN SALES PRICE IS APPROXIMATELY $350,000. *LIVE UPSTAIRS AND RUN YOUR BUSINESS BELOW OR LEASE BOTH UNITS FOR AN INVESTMENT INCOME STREAM. TAKE ADVANTAGE OF AURORA'S DOWNTOWN RESURGENCE AND THRIVING DOWNTOWN DISTRICT. *PROPERTY HAS BEEN WELL MAINTAINED. BUYER TO CONDUCT DUE DILIGENCE REGARDING PROPERTY CONDITION, ZONING AND MUNICIPAL REGULATORY REQUIREMENTS.

DAYS ON MARKET 102 LAST UPDATED 7/17/2026
YEAR BUILT 1900 COMMUNITY Aurora / Eola
COUNTY Kane STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
AREA Aurora / Eola
CONSTRUCTION Cedar
LOT 7797 sq ft
LOT DIMENSIONS 7840.80
STORIES 2
TAXES 3835.62
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TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Innovate
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