218- 220 S Lake Street, Aurora, IL
  • $350,000
  • $350,000

Description

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.

  • Listing Courtesy of: Keller Williams Innovate

Details

Updated on July 21, 2026 at 7:34 pm
  • Property ID MRD12708298
  • Price $350,000
  • Year Built 1900
  • Property Type Bad
  • Property Status Active
  • Parcel Number 1521476007
  • MLS Status New
  • Cumulative Days On Market 121
  • Tax Annual Amount 3835.62
  • Cooling Window Unit(s)
  • Directions From I-88 exit Lake Street (Rt 31) south to property. 1 block south of Aurora Library. Coming from south, exit route 30, north to property.
  • BuildingAreaTotal 924
  • LotSizeSquareFeet 7840
  • StoriesTotal 2
  • Zoning COMMR
  • Address 218- 220 S Lake Street
  • City Aurora
  • State/county IL
  • Zip/Postal Code 60506
  • Country United States

Overview

Property ID: MRD12708298
  • Bad
  • Property Type
  • 1900
  • Year Built

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