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.
Property Details
Price:
$350,000
MLS #:
MRD12708298
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
auroraeola
Listed Date:
Jul 17, 2026
Total Sq Ft:
924
Year Built:
1900
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Wood, Cedar
Stories
2
Financial
Tax Year
2025
Taxes
$3,836
Map
Community
- Address218- 220 S Lake Street Aurora IL
- CityAurora
- CountyKane
- Zip Code60506
Market Summary
Current real estate data for Commercial in Aurora as of Oct 04, 2026
20
Commercial Listed
217
Avg DOM
$900,750
Avg List Price
Property Summary
- 218- 220 S Lake Street Aurora IL is a Commercial for sale in Aurora, IL, 60506. It is listed for $350,000
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Copyright 2026. All rights reserved.
218- 220 S Lake Street
Aurora, IL


