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387 Michigan Ave; Aurora, IL Property Details

387 Michigan Ave, Aurora, IL is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 387 Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,310 square feet. The lot size of 387 Michigan Ave is 8,541 square feet.

Off market
387 Michigan Ave Aurora, IL 60506
$178,500 Listing Price
3 Beds
1 Baths
1,310 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1959
  • Purchase Price: $178,500
  • Open Loans / Balance: 1 / $118,486
  • Est. Equity / %: $155,514 / 56.76%
  • Gross Yield: 8.203%
  • APN: 15-16-276-019
  • Situs County: Kane
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,310/SqFt
  • Lot: 8,541/SqFt
  • Gross: 1,634/SqFt
  • Garage: 324/SqFt
  • Living: 1,310/SqFt
  • Building: 1,634/SqFt
  • Ground: 1,310/SqFt
  • Price Per Square Foot: $136.26

Legal Description

  • Description: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 253
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: 41.777218 / -88.32234
  • Subdivision: Bishop
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2332
  • Garage: Attached Garage
  • Parking: 1

Ownership Info

387 Michigan Ave has no associated ownership info
387 Michigan Ave has no associated ownership info.

Taxes

387 Michigan Ave has 10 associated Taxes items

387 Michigan 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 $83,414. The APN we've located for 387 Michigan Ave is 15-16-276-019.

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Taxes
  • Assessed Value:  $83,414
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-276-019
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  5601.32
  • Tax Year:  2025
  • Market Value:  250342
  • Market Year:  2025

Tax History

387 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,414 Land Value $14,505 Improvement Value $68,909 Tax Amount $5,601.32 Change Rate Assessed CR Tax Rate +0.067151%
Year 2024 Assessed Value $76,254 Land Value $13,260 Improvement Value $62,994 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $68,133 Land Value $11,848 Improvement Value $56,285 Tax Amount $4,465.4 Change Rate -0.014065% Assessed CR Tax Rate +0.065539%
Year 2022 Assessed Value $62,165 Land Value $10,810 Improvement Value $51,355 Tax Amount $4,529.1 Change Rate +0.057519% Assessed CR Tax Rate +0.072856%
Year 2021 Assessed Value $57,876 Land Value $10,064 Improvement Value $47,812 Tax Amount $4,282.76 Change Rate +0.06993% Assessed CR Tax Rate +0.073999%
Year 2020 Assessed Value $53,758 Land Value $9,348 Improvement Value $44,410 Tax Amount $4,002.84 Change Rate +0.046653% Assessed CR Tax Rate +0.07446%
Year 2019 Assessed Value $50,111 Land Value $8,661 Improvement Value $41,450 Tax Amount $3,824.42 Change Rate +0.413384% Assessed CR Tax Rate +0.076319%
Year 2018 Assessed Value $45,562 Land Value $8,011 Improvement Value $37,551 Tax Amount $2,705.86 Change Rate -0.986204% Assessed CR Tax Rate +0.059389%
Year 2017 Assessed Value $48,770 Land Value $7,381 Improvement Value $41,389 Tax Amount $196,139.47 Change Rate +42.99778% Assessed CR Tax Rate +4.021724%
Year 2016 Assessed Value $41,965 Land Value $6,327 Improvement Value $35,638 Tax Amount $4,457.94 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $36,405 Land Value $5,441 Improvement Value $30,964 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,776 Land Value $5,233 Improvement Value $28,543 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,546 Land Value $5,158 Improvement Value $30,388 Tax Amount Change Rate Assessed CR Tax Rate