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400 E Downer Place
Aurora, IL 60505
ACTIVE
UNDER CONTRACT
$980,000
Active Under Contract
0.27
Acres
MLS# 12683916
Cumulative Days on Market: 84 · Includes prior listings · Currently listed since 06/22/26 · Data provided by the MLS.

Property Description

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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Property Highlights

Property Type
Commercial Sale
Local Property Type
Multi Family 5+
Acres
0.27
Cumulative Days On Market
24

Location

Area
Aurora / Eola
City/Township
Aurora
County
Kane
Zoning
MULTI

Property Details

Price
$980,000
Local Property Type
Multi Family 5+
Property Type
Commercial Sale

Interior Features

Area and Spaces

Number of Units
7

Terms

Terms

Contingency
Attorney/Inspection

Commercial

Cap Rate
8.40

Terms

Cumulative Days On Market
24

Taxes

Tax

Tax (Annual)
$14,189

Lot

Acres
0.27
Lot Size Area Sq Ft
11,965
Lot Dimensions
68 X 176
Listed by Kale Realty
Listing Data last updated 09/12/2026 12:20 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 12-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

13 days ago
Property information last updated
81 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 84 days (includes prior listings) · Currently listed since June 22, 2026. Data provided by the MLS.

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