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406 Michigan Ave; Aurora, IL Property Details

406 Michigan Ave, Aurora, IL is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 406 Michigan Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 1,518 square feet. The lot size of 406 Michigan Ave is 8,424 square feet.

Off market
406 Michigan Ave Aurora, IL 60506
$93,774 Estimated Value
2 Beds
2.5 Baths
1,518 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $80,000
  • Open Loans / Balance: 2 / $151,254
  • Est. Equity / %: $134,746 / 47.11%
  • Gross Yield: 9.604%
  • APN: 15-16-278-003
  • Situs County: Kane
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,518/SqFt
  • Lot: 8,424/SqFt
  • Gross: 2,053/SqFt
  • Garage: 325/SqFt
  • Living: 1,518/SqFt
  • Building: 1,843/SqFt
  • Ground: 1,518/SqFt
  • Price Per Square Foot: $52.70

Legal Description

  • Description: SUPRVRS ASSMT PLAT OF : BISHOP PARK LOT 219
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: 41.776768 / -88.32365
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2333
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

406 Michigan Ave has 10 associated Taxes items

406 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 $93,774. The APN we've located for 406 Michigan Ave is 15-16-278-003.

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Taxes
  • Assessed Value:  $93,774
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-278-003
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  6370.8
  • Tax Year:  2025
  • Market Value:  281435
  • Market Year:  2025

Tax History

406 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,774 Land Value $14,505 Improvement Value $79,269 Tax Amount $6,370.8 Change Rate Assessed CR Tax Rate +0.067938%
Year 2024 Assessed Value $85,725 Land Value $13,260 Improvement Value $72,465 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,595 Land Value $11,848 Improvement Value $64,747 Tax Amount $5,875.42 Change Rate +0.038949% Assessed CR Tax Rate +0.076708%
Year 2022 Assessed Value $69,886 Land Value $10,810 Improvement Value $59,076 Tax Amount $5,655.16 Change Rate +0.04797% Assessed CR Tax Rate +0.08092%
Year 2021 Assessed Value $65,064 Land Value $10,064 Improvement Value $55,000 Tax Amount $5,396.3 Change Rate +0.058933% Assessed CR Tax Rate +0.082938%
Year 2020 Assessed Value $60,435 Land Value $9,348 Improvement Value $51,087 Tax Amount $5,095.98 Change Rate +0.035171% Assessed CR Tax Rate +0.084322%
Year 2019 Assessed Value $56,344 Land Value $8,661 Improvement Value $47,683 Tax Amount $4,922.84 Change Rate +0.118853% Assessed CR Tax Rate +0.087371%
Year 2018 Assessed Value $51,209 Land Value $8,011 Improvement Value $43,198 Tax Amount $4,399.9 Change Rate -0.989736% Assessed CR Tax Rate +0.08592%
Year 2017 Assessed Value $47,651 Land Value $7,381 Improvement Value $40,270 Tax Amount $428,660.12 Change Rate +83.351524% Assessed CR Tax Rate +8.995826%
Year 2016 Assessed Value $47,838 Land Value $6,327 Improvement Value $41,511 Tax Amount $5,081.83 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $41,507 Land Value $5,441 Improvement Value $36,066 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,495 Land Value $5,233 Improvement Value $33,262 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,569 Land Value $5,158 Improvement Value $35,411 Tax Amount Change Rate Assessed CR Tax Rate