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501 N May St; Aurora, IL Property Details

501 N May St, Aurora, IL is a Single Family that was built in 1900. This property is not for sale. Our records show that 501 N May St has 5 bedrooms, and a total of 2,074 square feet. The lot size of 501 N May St is 8,085 square feet.

Off market  •   Pre Probate ✓
501 N May St Aurora, IL 60506
$80,227 Estimated Value
5 Beds
2,074 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Open Loans / Balance: 2 / $117,663
  • Est. Equity / %: $180,337 / 60.52%
  • Gross Yield: 10.051%
  • APN: 15-16-453-027
  • Situs County: Kane

Rooms

  • Bedrooms: 5
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,074/SqFt
  • Lot: 8,085/SqFt
  • Gross: 3,804/SqFt
  • Garage: 484/SqFt
  • Living: 2,074/SqFt
  • Basement: 1,246/SqFt
  • Building: 3,804/SqFt

Legal Description

  • Description: MAY PLACE ADDN : LOT 26 BLK 1 LOT DIMENSIONS: 49 X 165 APPROX LOT SQ FT 8085 SUBDIVISION: SECTION 16 - SE 1/4 RANGE CODE: 002
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: 41.76715 / -88.32662
  • Subdivision: May Place Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2945
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

501 N May St has no associated ownership info
501 N May St has no associated ownership info.

Taxes

501 N May St has 10 associated Taxes items

501 N May St, 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 $80,227. The APN we've located for 501 N May St is 15-16-453-027.

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Taxes
  • Assessed Value:  $80,227
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-453-027
  • Assessed Land Value:  8702
  • Market Land Value:  26116
  • Tax Amount:  4770.42
  • Tax Year:  2025
  • Market Value:  240777
  • Market Year:  2025

Tax History

501 N May St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,227 Land Value $8,702 Improvement Value $71,525 Tax Amount $4,770.42 Change Rate Assessed CR Tax Rate +0.059462%
Year 2024 Assessed Value $73,340 Land Value $7,955 Improvement Value $65,385 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,529 Land Value $7,108 Improvement Value $58,421 Tax Amount $4,242.36 Change Rate -0.017695% Assessed CR Tax Rate +0.06474%
Year 2022 Assessed Value $59,789 Land Value $6,485 Improvement Value $53,304 Tax Amount $4,318.78 Change Rate +0.058327% Assessed CR Tax Rate +0.072234%
Year 2021 Assessed Value $55,665 Land Value $6,038 Improvement Value $49,627 Tax Amount $4,080.76 Change Rate +0.070914% Assessed CR Tax Rate +0.073309%
Year 2020 Assessed Value $51,704 Land Value $5,608 Improvement Value $46,096 Tax Amount $3,810.54 Change Rate +0.055926% Assessed CR Tax Rate +0.073699%
Year 2019 Assessed Value $47,905 Land Value $5,196 Improvement Value $42,709 Tax Amount $3,608.72 Change Rate +0.34441% Assessed CR Tax Rate +0.075331%
Year 2018 Assessed Value $40,330 Land Value $4,806 Improvement Value $35,524 Tax Amount $2,684.24 Change Rate -0.989001% Assessed CR Tax Rate +0.066557%
Year 2017 Assessed Value $34,713 Land Value $4,428 Improvement Value $30,285 Tax Amount $244,047.39 Change Rate +75.45859% Assessed CR Tax Rate +7.030432%
Year 2016 Assessed Value $30,047 Land Value $3,796 Improvement Value $26,251 Tax Amount $3,191.89 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $25,371 Land Value $3,264 Improvement Value $22,107 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,402 Land Value $3,140 Improvement Value $21,262 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $31,040 Land Value $3,095 Improvement Value $27,945 Tax Amount Change Rate Assessed CR Tax Rate