Large Location Icon

316 S Commonwealth Ave; Aurora, IL Property Details

316 S Commonwealth Ave, Aurora, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 316 S Commonwealth Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 1,152 square feet. The lot size of 316 S Commonwealth Ave is 7,500 square feet.

Off market
316 S Commonwealth Ave Aurora, IL 60506
$91,921 Estimated Value
2 Beds
2.5 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $177,000
  • Open Loans / Balance: 2 / $173,190
  • Est. Equity / %: $113,810 / 39.66%
  • Gross Yield: 10.102%
  • APN: 15-20-477-006
  • Situs County: Kane
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Water Source: Municipal

Measurements

  • Total: 1,152/SqFt
  • Lot: 7,500/SqFt
  • Gross: 2,160/SqFt
  • Garage: 240/SqFt
  • Living: 1,152/SqFt
  • Basement: 768/SqFt
  • Building: 2,160/SqFt
  • Price Per Square Foot: $153.65

Legal Description

  • Description: NEW DOWNER PLACE ADDN LOT 10 BLOCK 30 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: 41.75515 / -88.34365
  • Subdivision: New Downer Place Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4846
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 1

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

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

Taxes

316 S Commonwealth Ave has 10 associated Taxes items

316 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 $91,921. The APN we've located for 316 S Commonwealth Ave is 15-20-477-006.

Unlock the full report
Taxes
  • Assessed Value:  $91,921
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-20-477-006
  • Assessed Land Value:  15171
  • Market Land Value:  45531
  • Tax Amount:  5638.98
  • Tax Year:  2025
  • Market Value:  275873
  • Market Year:  2025

Tax History

316 S Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $91,921 Land Value $15,171 Improvement Value $76,750 Tax Amount $5,638.98 Change Rate Assessed CR Tax Rate +0.061346%
Year 2024 Assessed Value $84,031 Land Value $13,869 Improvement Value $70,162 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $75,081 Land Value $12,392 Improvement Value $62,689 Tax Amount $5,060.52 Change Rate -0.00585% Assessed CR Tax Rate +0.067401%
Year 2022 Assessed Value $68,505 Land Value $11,307 Improvement Value $57,198 Tax Amount $5,090.3 Change Rate +0.055623% Assessed CR Tax Rate +0.074306%
Year 2021 Assessed Value $63,779 Land Value $10,527 Improvement Value $53,252 Tax Amount $4,822.08 Change Rate +0.067744% Assessed CR Tax Rate +0.075606%
Year 2020 Assessed Value $59,241 Land Value $9,778 Improvement Value $49,463 Tax Amount $4,516.14 Change Rate +0.010589% Assessed CR Tax Rate +0.076233%
Year 2019 Assessed Value $56,701 Land Value $9,060 Improvement Value $47,641 Tax Amount $4,468.82 Change Rate +0.239521% Assessed CR Tax Rate +0.078814%
Year 2018 Assessed Value $49,510 Land Value $8,380 Improvement Value $41,130 Tax Amount $3,605.28 Change Rate -0.989289% Assessed CR Tax Rate +0.072819%
Year 2017 Assessed Value $43,707 Land Value $7,721 Improvement Value $35,986 Tax Amount $336,611.06 Change Rate +79.39318% Assessed CR Tax Rate +7.701537%
Year 2016 Assessed Value $39,415 Land Value $6,618 Improvement Value $32,797 Tax Amount $4,187.06 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $34,460 Land Value $5,691 Improvement Value $28,769 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,899 Land Value $5,230 Improvement Value $27,669 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,355 Land Value $5,261 Improvement Value $29,094 Tax Amount Change Rate Assessed CR Tax Rate