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371 Melrose Ave; Aurora, IL Property Details

371 Melrose Ave, Aurora, IL is a Single Family that was built in 1954. This property is currently Financed,Bank Sale and is not for sale. Our records show that 371 Melrose Ave has 3 bedrooms, and 1 bathroom, and a total of 1,488 square feet. The lot size of 371 Melrose Ave is 8,362 square feet.

Off market
371 Melrose Ave Aurora, IL 60505
$70,932 Estimated Value
3 Beds
1 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $143,000
  • Open Loans / Balance: 3 / $176,287
  • Est. Equity / %: $47,713 / 21.3%
  • Gross Yield: 10.409%
  • APN: 15-34-156-012
  • Situs County: Kane
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,488/SqFt
  • Lot: 8,362/SqFt
  • Gross: 1,728/SqFt
  • Garage: 240/SqFt
  • Living: 1,488/SqFt
  • Building: 1,728/SqFt
  • Ground: 1,488/SqFt
  • Price Per Square Foot: $96.10

Legal Description

  • Description: HENRY THIESS SUB OF BLK 8 : H B DOUGLAS ADDN E 1/2 : LOTS 11 & 12 BLK 2 LOT DIMENSIONS: 70 X 119.45 APPROX LOT SQ FT 8362 SUBDIVISION: ASHLND-MONT-HOWELL-DOUGLAS RANGE CODE:
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: 41.732426 / -88.317986
  • Subdivision: Ashlnd-Mont-Howell-Douglas
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5549
  • Cooling: None
  • Garage: Attached Garage
  • Parking: 1

Ownership Info

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

Taxes

371 Melrose Ave has 10 associated Taxes items

371 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 $70,932. The APN we've located for 371 Melrose Ave is 15-34-156-012.

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Taxes
  • Assessed Value:  $70,932
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-34-156-012
  • Assessed Land Value:  12931
  • Market Land Value:  38809
  • Tax Amount:  4110.16
  • Tax Year:  2025
  • Market Value:  212881
  • Market Year:  2025

Tax History

371 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,932 Land Value $12,931 Improvement Value $58,001 Tax Amount $4,110.16 Change Rate Assessed CR Tax Rate +0.057945%
Year 2024 Assessed Value $64,843 Land Value $11,821 Improvement Value $53,022 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,937 Land Value $10,562 Improvement Value $47,375 Tax Amount $3,731.74 Change Rate +0.104673% Assessed CR Tax Rate +0.06441%
Year 2022 Assessed Value $50,462 Land Value $9,637 Improvement Value $40,825 Tax Amount $3,378.14 Change Rate +0.021086% Assessed CR Tax Rate +0.066944%
Year 2021 Assessed Value $46,981 Land Value $8,972 Improvement Value $38,009 Tax Amount $3,308.38 Change Rate +0.056916% Assessed CR Tax Rate +0.07042%
Year 2020 Assessed Value $43,639 Land Value $8,334 Improvement Value $35,305 Tax Amount $3,130.22 Change Rate +0.031673% Assessed CR Tax Rate +0.07173%
Year 2019 Assessed Value $40,433 Land Value $7,722 Improvement Value $32,711 Tax Amount $3,034.12 Change Rate +0.110062% Assessed CR Tax Rate +0.075041%
Year 2018 Assessed Value $37,167 Land Value $7,143 Improvement Value $30,024 Tax Amount $2,733.29 Change Rate -0.989602% Assessed CR Tax Rate +0.073541%
Year 2017 Assessed Value $32,804 Land Value $6,582 Improvement Value $26,222 Tax Amount $262,858.69 Change Rate +82.94421% Assessed CR Tax Rate +8.013007%
Year 2016 Assessed Value $29,760 Land Value $6,638 Improvement Value $23,122 Tax Amount $3,131.35 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $26,403 Land Value $5,708 Improvement Value $20,695 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,149 Land Value $5,246 Improvement Value $19,903 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,190 Land Value $5,570 Improvement Value $19,620 Tax Amount Change Rate Assessed CR Tax Rate