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397 Michigan Ave; Aurora, IL Property Details

397 Michigan Ave, Aurora, IL is a Residential General that was built in 1959. This property is currently Financed,Foreclosure,Bank Sale and is not for sale. Our records show that 397 Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,134 square feet. The lot size of 397 Michigan Ave is 8,541 square feet.

Off market
397 Michigan Ave Aurora, IL 60506
$80,861 Estimated Value
3 Beds
1 Baths
1,134 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Est. Equity / %: $269,000 / 100%
  • Gross Yield: 8.712%
  • APN: 15-16-276-016
  • Situs County: Kane
  • Length Of Ownership: 29 years, 8 months

Rooms

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

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,134/SqFt
  • Lot: 8,541/SqFt
  • Gross: 1,512/SqFt
  • Garage: 378/SqFt
  • Living: 1,134/SqFt
  • Building: 1,512/SqFt
  • Ground: 1,134/SqFt

Legal Description

  • Description: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 250
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora West Unit School District 129
  • Lat / Lon: 41.77718 / -88.32313
  • Subdivision: Bishop
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

Ownership Info

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

Taxes

397 Michigan Ave has 10 associated Taxes items

397 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 $80,861. The APN we've located for 397 Michigan Ave is 15-16-276-016.

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Taxes
  • Assessed Value:  $80,861
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-276-016
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  6005.9
  • Tax Year:  2025
  • Market Value:  242680
  • Market Year:  2025

Tax History

397 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,861 Land Value $14,505 Improvement Value $66,356 Tax Amount $6,005.9 Change Rate Assessed CR Tax Rate +0.074274%
Year 2024 Assessed Value $73,920 Land Value $13,260 Improvement Value $60,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $66,047 Land Value $11,848 Improvement Value $54,199 Tax Amount $5,657.18 Change Rate +0.060517% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $60,262 Land Value $10,810 Improvement Value $49,452 Tax Amount $5,334.36 Change Rate +0.040676% Assessed CR Tax Rate +0.088519%
Year 2021 Assessed Value $56,104 Land Value $10,064 Improvement Value $46,040 Tax Amount $5,125.86 Change Rate +0.0507% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $52,112 Land Value $9,348 Improvement Value $42,764 Tax Amount $4,878.52 Change Rate +0.02707% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $48,576 Land Value $8,661 Improvement Value $39,915 Tax Amount $4,749.94 Change Rate +0.077162% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $44,172 Land Value $8,011 Improvement Value $36,161 Tax Amount $4,409.68 Change Rate -0.990935% Assessed CR Tax Rate +0.09983%
Year 2017 Assessed Value $47,264 Land Value $7,381 Improvement Value $39,883 Tax Amount $486,427.53 Change Rate +111.47035% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $40,713 Land Value $6,327 Improvement Value $34,386 Tax Amount $4,324.94 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $35,317 Land Value $5,441 Improvement Value $29,876 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,755 Land Value $5,233 Improvement Value $27,522 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,459 Land Value $5,158 Improvement Value $29,301 Tax Amount Change Rate Assessed CR Tax Rate