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224 S Commonwealth Ave; Aurora, IL Property Details

224 S Commonwealth Ave, Aurora, IL is a Single Family that was built in 1926. This property is currently a cash purchase and is not for sale. Our records show that 224 S Commonwealth Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,012 square feet. The lot size of 224 S Commonwealth Ave is 7,500 square feet.

Off market
224 S Commonwealth Ave Aurora, IL 60506
$229,900 Listing Price
3 Beds
2.5 Baths
1,012 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $230,000
  • Open Loans / Balance: 1 / $115,929
  • Est. Equity / %: $187,071 / 61.74%
  • Gross Yield: 8.543%
  • APN: 15-20-431-007
  • Situs County: Kane
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,012/SqFt
  • Lot: 7,500/SqFt
  • Gross: 2,340/SqFt
  • Garage: 440/SqFt
  • Living: 1,012/SqFt
  • Basement: 888/SqFt
  • Building: 2,340/SqFt
  • Ground: 1,012/SqFt
  • Price Per Square Foot: $227.27

Legal Description

  • Description: NEW DOWNER PLACE ADDN LOT14 BLK 26 LOT DIMENSIONS: 50 X 150 APPROX LOT SQ FT 7500 SUBDIVISION: SECTION 20 RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora West Unit School District 129
  • Lat / Lon: 41.756714 / -88.34365
  • Subdivision: New Downer Place Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4818
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $1,050
  • H O A Amount: $1,050
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

224 S Commonwealth Ave has no associated ownership info
224 S Commonwealth Ave has no associated ownership info.

Taxes

224 S Commonwealth Ave has 10 associated Taxes items

224 S Commonwealth Ave, Aurora, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $96,031. The APN we've located for 224 S Commonwealth Ave is 15-20-431-007.

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Taxes
  • Assessed Value:  $96,031
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-20-431-007
  • Assessed Land Value:  15171
  • Market Land Value:  45531
  • Tax Amount:  5332
  • Tax Year:  2025
  • Market Value:  288208
  • Market Year:  2025

Tax History

224 S Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $96,031 Land Value $15,171 Improvement Value $80,860 Tax Amount $5,332 Change Rate Assessed CR Tax Rate +0.055524%
Year 2024 Assessed Value $87,788 Land Value $13,869 Improvement Value $73,919 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $78,438 Land Value $12,392 Improvement Value $66,046 Tax Amount $5,348.06 Change Rate +0.133308% Assessed CR Tax Rate +0.068182%
Year 2022 Assessed Value $59,310 Land Value $11,307 Improvement Value $48,003 Tax Amount $4,718.98 Change Rate +0.049422% Assessed CR Tax Rate +0.079565%
Year 2021 Assessed Value $55,218 Land Value $10,527 Improvement Value $44,691 Tax Amount $4,496.74 Change Rate +0.060607% Assessed CR Tax Rate +0.081436%
Year 2020 Assessed Value $51,289 Land Value $9,778 Improvement Value $41,511 Tax Amount $4,239.78 Change Rate -0.011319% Assessed CR Tax Rate +0.082665%
Year 2019 Assessed Value $49,855 Land Value $9,060 Improvement Value $40,795 Tax Amount $4,288.32 Change Rate +0.091662% Assessed CR Tax Rate +0.086016%
Year 2018 Assessed Value $45,396 Land Value $8,380 Improvement Value $37,016 Tax Amount $3,928.25 Change Rate -0.989988% Assessed CR Tax Rate +0.086533%
Year 2017 Assessed Value $44,124 Land Value $7,721 Improvement Value $36,403 Tax Amount $392,361.28 Change Rate +92.43559% Assessed CR Tax Rate +8.892242%
Year 2016 Assessed Value $39,530 Land Value $6,618 Improvement Value $32,912 Tax Amount $4,199.27 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $36,960 Land Value $5,691 Improvement Value $31,269 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,632 Land Value $5,230 Improvement Value $28,402 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,736 Land Value $5,261 Improvement Value $29,475 Tax Amount Change Rate Assessed CR Tax Rate