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240 Melrose Ave; Aurora, IL Property Details

240 Melrose Ave, Aurora, IL is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 240 Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 1,284 square feet. The lot size of 240 Melrose Ave is 7,840 square feet.

Off market
250 Melrose Ave Aurora, IL 60505
$122,000 Listing Price
2 Beds
1 Baths
1,284 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $122,000
  • Open Loans / Balance: 2 / $87,632
  • Est. Equity / %: $182,368 / 67.54%
  • Gross Yield: 10.236%
  • APN: 15-33-276-038
  • Situs County: Kane
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,284/SqFt
  • Lot: 7,840/SqFt
  • Gross: 2,364/SqFt
  • Garage: 1,080/SqFt
  • Living: 1,284/SqFt
  • Building: 2,364/SqFt
  • Ground: 1,284/SqFt
  • Price Per Square Foot: $95.02

Legal Description

  • Description: ELLIOTTS ADDN LOT 30 BLK 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.732876 / -88.32302
  • Subdivision: Elliotts Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5564
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 4

Ownership Info

250 Melrose Ave has no associated ownership info
250 Melrose Ave has no associated ownership info.

Taxes

250 Melrose Ave has 10 associated Taxes items

240 Melrose 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 $69,369. The APN we've located for 240 Melrose Ave is 15-33-276-038.

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Taxes
  • Assessed Value:  $69,369
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-33-276-038
  • Assessed Land Value:  11862
  • Market Land Value:  35600
  • Tax Amount:  4008.08
  • Tax Year:  2025
  • Market Value:  208190
  • Market Year:  2025

Tax History

250 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,369 Land Value $11,862 Improvement Value $57,507 Tax Amount $4,008.08 Change Rate Assessed CR Tax Rate +0.057779%
Year 2024 Assessed Value $63,415 Land Value $10,844 Improvement Value $52,571 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $56,661 Land Value $9,689 Improvement Value $46,972 Tax Amount $3,636.38 Change Rate +0.047326% Assessed CR Tax Rate +0.064178%
Year 2022 Assessed Value $51,698 Land Value $8,840 Improvement Value $42,858 Tax Amount $3,472.06 Change Rate +0.020828% Assessed CR Tax Rate +0.06716%
Year 2021 Assessed Value $48,131 Land Value $8,230 Improvement Value $39,901 Tax Amount $3,401.22 Change Rate -0.103494% Assessed CR Tax Rate +0.070666%
Year 2020 Assessed Value $51,619 Land Value $7,644 Improvement Value $43,975 Tax Amount $3,793.86 Change Rate +0.029379% Assessed CR Tax Rate +0.073497%
Year 2019 Assessed Value $47,826 Land Value $7,082 Improvement Value $40,744 Tax Amount $3,685.58 Change Rate -0.031123% Assessed CR Tax Rate +0.077062%
Year 2018 Assessed Value $48,560 Land Value $6,551 Improvement Value $42,009 Tax Amount $3,803.97 Change Rate -0.989809% Assessed CR Tax Rate +0.078335%
Year 2017 Assessed Value $44,061 Land Value $6,036 Improvement Value $38,025 Tax Amount $373,252.66 Change Rate +91.52119% Assessed CR Tax Rate +8.471271%
Year 2016 Assessed Value $38,341 Land Value $5,174 Improvement Value $33,167 Tax Amount $4,034.24 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $33,266 Land Value $4,449 Improvement Value $28,817 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,805 Land Value $4,089 Improvement Value $27,716 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,535 Land Value $4,113 Improvement Value $29,422 Tax Amount Change Rate Assessed CR Tax Rate