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406 S Commonwealth Ave; Aurora, IL Property Details

406 S Commonwealth Ave, Aurora, IL is a Single Family that was built in 1922. This property is currently Financed and is not for sale. Our records show that 406 S Commonwealth Ave has 2 bedrooms, and 1 bathroom, and a total of 875 square feet. The lot size of 406 S Commonwealth Ave is 5,625 square feet.

Off market
406 S Commonwealth Ave Aurora, IL 60506
$69,757 Estimated Value
2 Beds
1 Baths
875 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1922
  • Purchase Price: $134,000
  • Open Loans / Balance: 1 / $130,001
  • Est. Equity / %: $211,999 / 61.99%
  • Gross Yield: 7.786%
  • APN: 15-20-481-003
  • Situs County: Kane
  • Length Of Ownership: 23 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 875/SqFt
  • Lot: 5,625/SqFt
  • Gross: 2,135/SqFt
  • Garage: 308/SqFt
  • Living: 875/SqFt
  • Basement: 875/SqFt
  • Building: 2,058/SqFt
  • Ground: 875/SqFt
  • Price Per Square Foot: $153.14

Legal Description

  • Description: NEW DOWNER PLACE ADDN : PT LOT 6 BLOCK 39 LOT DIMENSIONS: 37.5 X 150 APPROX LOT SQ FT 5625 SUBDIVISION: SECTION 20 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: 41.753693 / -88.34365
  • Subdivision: New Downer Place Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5440
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $1,050
  • H O A Amount: $1,050
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

406 S Commonwealth Ave has no associated ownership info
406 S Commonwealth Ave has no associated ownership info.

Taxes

406 S Commonwealth Ave has 10 associated Taxes items

406 S Commonwealth 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 $69,757. The APN we've located for 406 S Commonwealth Ave is 15-20-481-003.

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Taxes
  • Assessed Value:  $69,757
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-20-481-003
  • Assessed Land Value:  11603
  • Market Land Value:  34823
  • Tax Amount:  4586.96
  • Tax Year:  2025
  • Market Value:  209355
  • Market Year:  2025

Tax History

406 S Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,757 Land Value $11,603 Improvement Value $58,154 Tax Amount $4,586.96 Change Rate Assessed CR Tax Rate +0.065756%
Year 2024 Assessed Value $63,769 Land Value $10,607 Improvement Value $53,162 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $56,977 Land Value $9,477 Improvement Value $47,500 Tax Amount $4,195.08 Change Rate +0.030565% Assessed CR Tax Rate +0.073628%
Year 2022 Assessed Value $51,986 Land Value $8,647 Improvement Value $43,339 Tax Amount $4,070.66 Change Rate +0.05084% Assessed CR Tax Rate +0.078303%
Year 2021 Assessed Value $48,399 Land Value $8,050 Improvement Value $40,349 Tax Amount $3,873.72 Change Rate +0.062219% Assessed CR Tax Rate +0.080037%
Year 2020 Assessed Value $44,955 Land Value $7,477 Improvement Value $37,478 Tax Amount $3,646.82 Change Rate +0.007309% Assessed CR Tax Rate +0.081122%
Year 2019 Assessed Value $43,024 Land Value $6,928 Improvement Value $36,096 Tax Amount $3,620.36 Change Rate +0.217341% Assessed CR Tax Rate +0.084147%
Year 2018 Assessed Value $37,571 Land Value $6,408 Improvement Value $31,163 Tax Amount $2,973.99 Change Rate -0.989364% Assessed CR Tax Rate +0.079157%
Year 2017 Assessed Value $33,170 Land Value $5,904 Improvement Value $27,266 Tax Amount $279,625.84 Change Rate +87.00627% Assessed CR Tax Rate +8.430083%
Year 2016 Assessed Value $29,910 Land Value $5,061 Improvement Value $24,849 Tax Amount $3,177.34 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $26,150 Land Value $4,352 Improvement Value $21,798 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,362 Land Value $4,000 Improvement Value $22,362 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,098 Land Value $4,023 Improvement Value $25,075 Tax Amount Change Rate Assessed CR Tax Rate