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Listing provided courtesy of Kale RealtyMREDas Distributed by MLSGrid- MLS# 12683916MLS Provider

400 E Downer PlaceAurora, IL 60505

Commercial · 3 Beds · 0.27 Acres
$980,000 Active

400 E Downer Place Overview

Time on Site:
7 days
Visits:
0

Multifamily property is on the market. Great Investment. All Brick building in great shape on Downer Place in Historical Neighborhood in Aurora. 2 one bedrooms and 5 two bedrooms. Historical low vacancy.

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400 E Downer Place Facts & Features

  • Type Commercial
  • Lot 0.27 Acres

Details

General

Income/Expenses

  • Other Expense: 300
  • Electric Expense: 622
  • Fuel Expense: 0
  • Gross Income: 114000
  • Gross Scheduled Income: 114000
  • Insurance Expense: 3044
  • Maintenance Expense: 2600
  • Net Operating Income: 82673
  • Operating Expense: 29972
  • Trash Expense: 2440
  • Water Sewer Expense: 6776

Building Information

  • Year Built: 0

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Aurora / Eola
  • Township: Aurora

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $14,189.00
  • Tax Year: 2025

General Information

  • Parcel Number: 1522458012
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Size Dimensions: 68 X 176
  • Lot Size Square Feet: 11965

General Information

  • Number Of Units Total: 7

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

400 E Downer Place Neighborhood

Community

60505 (Aurora) Demographics

33
Median Age
6,291
Population Density (per sq. mile)
16%
College Educated
$54,191
Estimated Median Income
12,597
Estimated Total Home Owners
8,523
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

400 E Downer Place Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

400 E Downer Place Market Data

Based on the last 30 days in this zip code

$289,799
Average List Price
$235
Average Price per Square Foot
22
Properties Sold
47
Average Days on Market
41
Properties for Sale
Calculations provided by Reliance Network

400 E Downer Place History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022