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407 Michigan Ave; Aurora, IL Property Details

407 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 407 Michigan Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,480 square feet. The lot size of 407 Michigan Ave is 8,541 square feet.

Off market
407 Michigan Ave Aurora, IL 60506
$80,955 Estimated Value
3 Beds
1.5 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1959
  • Purchase Price: $157,500
  • Open Loans / Balance: 1 / $100,704
  • Est. Equity / %: $185,296 / 64.79%
  • Gross Yield: 8.203%
  • APN: 15-16-276-014
  • Situs County: Kane
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,480/SqFt
  • Lot: 8,541/SqFt
  • Gross: 2,104/SqFt
  • Garage: 624/SqFt
  • Living: 1,480/SqFt
  • Building: 2,104/SqFt
  • Ground: 1,480/SqFt
  • Price Per Square Foot: $106.42

Legal Description

  • Description: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 248 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: 41.77719 / -88.323654
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2332
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

407 Michigan Ave has 10 associated Taxes items

407 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 $80,955. The APN we've located for 407 Michigan Ave is 15-16-276-014.

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Taxes
  • Assessed Value:  $80,955
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-276-014
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  4824.5
  • Tax Year:  2025
  • Market Value:  242962
  • Market Year:  2025

Tax History

407 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,955 Land Value $14,505 Improvement Value $66,450 Tax Amount $4,824.5 Change Rate Assessed CR Tax Rate +0.059595%
Year 2024 Assessed Value $74,006 Land Value $13,260 Improvement Value $60,746 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $66,124 Land Value $11,848 Improvement Value $54,276 Tax Amount $4,293.32 Change Rate -0.016836% Assessed CR Tax Rate +0.064928%
Year 2022 Assessed Value $60,332 Land Value $10,810 Improvement Value $49,522 Tax Amount $4,366.84 Change Rate +0.05814% Assessed CR Tax Rate +0.07238%
Year 2021 Assessed Value $56,170 Land Value $10,064 Improvement Value $46,106 Tax Amount $4,126.9 Change Rate +0.07066% Assessed CR Tax Rate +0.073472%
Year 2020 Assessed Value $52,174 Land Value $9,348 Improvement Value $42,826 Tax Amount $3,854.54 Change Rate +0.047429% Assessed CR Tax Rate +0.073879%
Year 2019 Assessed Value $48,634 Land Value $8,661 Improvement Value $39,973 Tax Amount $3,680 Change Rate +0.045594% Assessed CR Tax Rate +0.075667%
Year 2018 Assessed Value $44,224 Land Value $8,011 Improvement Value $36,213 Tax Amount $3,519.53 Change Rate -0.99275% Assessed CR Tax Rate +0.079584%
Year 2017 Assessed Value $47,168 Land Value $7,381 Improvement Value $39,787 Tax Amount $485,439.53 Change Rate +111.81001% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $40,508 Land Value $6,327 Improvement Value $34,181 Tax Amount $4,303.16 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $35,139 Land Value $5,441 Improvement Value $29,698 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,696 Land Value $5,233 Improvement Value $27,463 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,397 Land Value $5,158 Improvement Value $29,239 Tax Amount Change Rate Assessed CR Tax Rate