Contact us: 563.441.1776
Description
Excellent mixed-use investment opportunity in the heart of Downtown Aurora! This three-unit property offers incredible potential for investors, entrepreneurs, or owner-occupants looking for multiple income streams. Zoned B-2 General Business, the building features one street-level commercial storefront and two residential apartments above. The commercial space has been updated and offers a clean, open layout with excellent street visibility, making it ideal for retail, office, salon, boutique, studio, or other permitted business uses. The residential units provide the opportunity for rental income, while the property still offers room for additional improvements and value-add potential. Whether you choose to operate your business on the main level while living upstairs, lease all three units, or continue renovating to maximize returns, this property offers flexibility to fit your investment goals. Additional features include rear parking, separate entrances, and a prime downtown location close to restaurants, shopping, entertainment, the Fox River, Metra, and major highways. Bring your vision and complete the remaining improvements to unlock this property's full potential. Property is being sold AS IS. A rare opportunity to own a versatile mixed-use building in a growing downtown corridor.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1929
General Information
County: Kane
Listed By:
T.K. Realty Inc
630-543-7000
MRED MLS
MLS ID: 12693017
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102 N Ohio Street , Aurora, IL 60505.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $545,000 | $545,000 | $545,000 |
| Down Payment | $109,000 | $19,075 | $136,250 |
| Monthly Mortgage Amount | $2,649 | $3,252 | $3,367 |
| Taxes | $758 | $758 | $758 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $240 | $0 |
| Monthly Estimated Total | $3,566 | $4,409 | $4,284 |
About this area
Find homes for sale in Aurora, Iowa and learn about the local community and real estate market.
Aurora has a rich history that extends back centuries and is steeped in heritage. It was initially founded as a settlement by pioneers looking for a place to thrive in the Midwest. Officially incorporated in 1889, as time passed, the city’s small-town identity and atmosphere thrives, although the population is under 200. Rich in farming, historic sites and monuments, and a plethora of recreational activities, Aurora is conveniently located near larger cities for modern amenities.
Aurora City Park is a popular amenity for locals and nearby residents alike, where you can enjoy the trail, playgrounds, pavilions for gatherings, and a truck and tractor pull track. Looking to expand their outdoor activities, locals can take a short car ride to the 2,000 acre Backbone State Park where boating, fishing, hiking, and rock climbing are popular pastimes. And, of course, this close-knit community is no stranger to annual events. From the fireworks show in July to the Fall Vendor and Craft Show, there is something for all to relish throughout the seasons. Community members can also join local clubs that host social gatherings, fundraisers, and other events, such as the American Legion, the community fitness center, and the volunteer fire department.
Neighborhoods are much like what you would imagine from many years ago – farms tucked away amid green pastures, tree-lined country roads, and a few pockets of neighborhoods with tree-lined streets where everyone knows your name and welcomes you.
Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.
Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/04/2026. The listing information on this page last changed on 07/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/04/2026 12:08:59 AM EST) or MRED MLS (last updated Sat 07/04/2026 12:04:57 AM EST) or SCWMLS (last updated Fri 07/03/2026 11:54:45 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/03/2026 10:17:09 PM EST) or Cedar Rapids MLS (last updated Fri 07/03/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Fri 07/03/2026 11:58:42 PM EST) or ICAAR MLS (last updated Fri 07/03/2026 11:37:26 PM EST) or ECIMLS (last updated Fri 07/03/2026 11:44:14 PM EST) or RMLSA (last updated Sat 07/04/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sat 07/04/2026 12:00:12 AM EST) or No Coast MLS (last updated Sat 07/04/2026 12:04:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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