Contact us: 563.441.1776
Description
Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 3
County: Kane
High School: East High School
Listed By:
RE/MAX Mi Casa
773-767-1616
MRED MLS
MLS ID: 12586101
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312 S Spencer Street, Aurora, IL 60505.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $344,500 | $344,500 | $344,500 |
| Down Payment | $68,900 | $12,058 | $86,125 |
| Monthly Mortgage Amount | $1,608 | $1,974 | $2,094 |
| Taxes | $479 | $479 | $479 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $151 | $0 |
| Monthly Estimated Total | $2,187 | $2,704 | $2,673 |
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
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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 03/15/2026. The listing information on this page last changed on 03/15/2026. 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 Sun 03/15/2026 12:44:58 AM EST) or MRED MLS (last updated Sun 03/15/2026 12:39:44 AM EST) or SCWMLS (last updated Sat 03/14/2026 11:54:47 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 03/14/2026 10:15:29 PM EST) or Cedar Rapids MLS (last updated Sat 03/14/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sun 03/15/2026 12:38:42 AM EST) or ICAAR MLS (last updated Sat 03/14/2026 11:37:34 PM EST) or ECIMLS (last updated Sat 03/14/2026 11:44:13 PM EST) or RMLSA (last updated Sun 03/15/2026 12:40:56 AM EST) or Muscatine MLS (last updated Sun 03/15/2026 12:30:23 AM EST) or No Coast MLS (last updated Sun 03/15/2026 12:34:20 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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