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500 Michigan Ave; Aurora, IL Property Details

500 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 500 Michigan Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,099 square feet. The lot size of 500 Michigan Ave is 8,073 square feet.

Off market
500 Michigan Ave Aurora, IL 60506
$77,374 Estimated Value
2 Beds
1.5 Baths
1,099 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $131,000
  • Est. Equity / %: $262,000 / 100%
  • Gross Yield: 12.206%
  • APN: 15-16-252-014
  • Situs County: Kane
  • Length Of Ownership: 25 years

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
  • Water Source: Municipal

Measurements

  • Total: 1,099/SqFt
  • Lot: 8,073/SqFt
  • Gross: 1,423/SqFt
  • Garage: 324/SqFt
  • Living: 1,099/SqFt
  • Building: 1,423/SqFt
  • Ground: 1,099/SqFt
  • Price Per Square Foot: $119.20

Legal Description

  • Description: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 226 LOT DIMENSIONS: 69 X 117 APPROX LOT SQ FT 8073 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: 41.77677 / -88.32571
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2246
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

500 Michigan Ave has 10 associated Taxes items

500 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 $77,374. The APN we've located for 500 Michigan Ave is 15-16-252-014.

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Taxes
  • Assessed Value:  $77,374
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-252-014
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  4558.52
  • Tax Year:  2025
  • Market Value:  232215
  • Market Year:  2025

Tax History

500 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,374 Land Value $14,505 Improvement Value $62,869 Tax Amount $4,558.52 Change Rate Assessed CR Tax Rate +0.058915%
Year 2024 Assessed Value $70,732 Land Value $13,260 Improvement Value $57,472 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,199 Land Value $11,848 Improvement Value $51,351 Tax Amount $4,042.78 Change Rate -0.207966% Assessed CR Tax Rate +0.063969%
Year 2022 Assessed Value $57,663 Land Value $10,810 Improvement Value $46,853 Tax Amount $5,104.3 Change Rate +0.040662% Assessed CR Tax Rate +0.08852%
Year 2021 Assessed Value $53,685 Land Value $10,064 Improvement Value $43,621 Tax Amount $4,904.86 Change Rate +0.050705% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $49,865 Land Value $9,348 Improvement Value $40,517 Tax Amount $4,668.16 Change Rate +0.027121% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $46,479 Land Value $8,661 Improvement Value $37,818 Tax Amount $4,544.9 Change Rate +0.062319% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $44,123 Land Value $8,011 Improvement Value $36,112 Tax Amount $4,278.28 Change Rate -0.989695% Assessed CR Tax Rate +0.096963%
Year 2017 Assessed Value $40,341 Land Value $7,381 Improvement Value $32,960 Tax Amount $415,178 Change Rate +95.62043% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $40,450 Land Value $6,327 Improvement Value $34,123 Tax Amount $4,297 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $34,067 Land Value $5,441 Improvement Value $28,626 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,613 Land Value $5,233 Improvement Value $26,380 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,243 Land Value $5,158 Improvement Value $28,085 Tax Amount Change Rate Assessed CR Tax Rate