Active
218- 220 Lake Street
Aurora, IL 60506
$340,000 ▼ $10,000 from $350,000
0beds
0baths
—sqft
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About this home
Back on market due to buyers financing falling through! This is your second chance to own this fantastic property. This property features a mixed use 2 story commercial space and a residential apartment, making it ideal for investors or owner. Users looking to operate a business while generating supplemental rental income. Main Level: Spacious commercial storefront with excellent visibility and steady traffic along S Lake St. Perfect for retail, office, or a service based operation. Walk-Out Basement: Fully accessible ideal for storage, studio use, workshop space. Second Floor: Bright and well maintained 1-bedroom apartment with a private entrance ideal for an owner-occupant, on-site manager, or traditional rental. A major advantage of this property is its large private parking lot, offering approximately 15 parking spaces a rare convenience for businesses and tenants in this area. Located near the heart of downtown Aurora, the property benefits from high visibility, close proximity to public transportation, restaurants, shopping, and local attractions. The flexible layout provides endless possibilities for creating the ideal environment to fit your business needs, whether you're launching, expanding, or relocating. Second Parcel Number is 15-21-476-008 currently being used as a parking lot for the existing commercial building. Taxes for the second parcel are 430.66.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1900
Lot size—
Annual tax$3,737.94
CountyKane
MLS #MRD12573854
Days on market61
Features
Cooling
Window Unit(s)
Construction
WoodCedar
Listed by
Keller Williams Innovate - Aurora
Anai Rodriguez · 630-551-8130
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/21/2026, 5:06:07 AM. All data should be independently verified.
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