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403 Michigan Ave; Aurora, IL Property Details

403 Michigan Ave, Aurora, IL is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 403 Michigan Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,053 square feet. The lot size of 403 Michigan Ave is 8,541 square feet.

For Rent
403 Michigan Ave Aurora, IL 60506
$76,267 Estimated Value
2 Beds
1.5 Baths
1,053 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1959
  • Purchase Price: $139,000
  • Open Loans / Balance: 2 / $119,829
  • Est. Equity / %: $136,171 / 53.19%
  • Gross Yield: 10.481%
  • APN: 15-16-276-015
  • Situs County: Kane
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,053/SqFt
  • Lot: 8,541/SqFt
  • Gross: 1,431/SqFt
  • Garage: 378/SqFt
  • Living: 1,053/SqFt
  • Building: 1,431/SqFt
  • Ground: 1,053/SqFt
  • Price Per Square Foot: $132.00

Legal Description

  • Description: SUPVRS ASSMT PLAT OF UNRECORDED PLAT OF BISHOP PARK LOT 249 LOT DIMENSIONS: 73 X 117 APPROX LOT SQ FT 8541 SUBDIVISION: BISHOP PARK 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: 41.77718 / -88.323395
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

403 Michigan Ave has 10 associated Taxes items

403 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 $76,267. The APN we've located for 403 Michigan Ave is 15-16-276-015.

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Taxes
  • Assessed Value:  $76,267
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-276-015
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  5070.48
  • Tax Year:  2025
  • Market Value:  228893
  • Market Year:  2025

Tax History

403 Michigan Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,267 Land Value $14,505 Improvement Value $61,762 Tax Amount $5,070.48 Change Rate Assessed CR Tax Rate +0.066483%
Year 2024 Assessed Value $69,720 Land Value $13,260 Improvement Value $56,460 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $62,295 Land Value $11,848 Improvement Value $50,447 Tax Amount $4,650.58 Change Rate +0.033425% Assessed CR Tax Rate +0.074654%
Year 2022 Assessed Value $56,838 Land Value $10,810 Improvement Value $46,028 Tax Amount $4,500.16 Change Rate +0.049845% Assessed CR Tax Rate +0.079175%
Year 2021 Assessed Value $52,917 Land Value $10,064 Improvement Value $42,853 Tax Amount $4,286.5 Change Rate +0.061088% Assessed CR Tax Rate +0.081004%
Year 2020 Assessed Value $49,152 Land Value $9,348 Improvement Value $39,804 Tax Amount $4,039.72 Change Rate +0.037693% Assessed CR Tax Rate +0.082188%
Year 2019 Assessed Value $45,812 Land Value $8,661 Improvement Value $37,151 Tax Amount $3,892.98 Change Rate -0.109235% Assessed CR Tax Rate +0.084977%
Year 2018 Assessed Value $41,668 Land Value $8,011 Improvement Value $33,657 Tax Amount $4,370.38 Change Rate -0.99046% Assessed CR Tax Rate +0.104886%
Year 2017 Assessed Value $44,512 Land Value $7,381 Improvement Value $37,131 Tax Amount $458,104.72 Change Rate +111.4716% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $38,342 Land Value $6,327 Improvement Value $32,015 Tax Amount $4,073.07 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $33,257 Land Value $5,441 Improvement Value $27,816 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,849 Land Value $5,233 Improvement Value $25,616 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,430 Land Value $5,158 Improvement Value $27,272 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,190.96 Change Rate Assessed CR Tax Rate