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502 Palace St; Aurora, IL Property Details

502 Palace St, Aurora, IL is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 502 Palace St has 4 bedrooms, and 2 bathrooms, and a total of 1,633 square feet. The lot size of 502 Palace St is 5,617 square feet.

Off market
502 Palace St Aurora, IL 60506
$223,000 Listing Price
4 Beds
2 Baths
1,633 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $223,000
  • Open Loans / Balance: 1 / $78,573
  • Est. Equity / %: $242,427 / 75.52%
  • Gross Yield: 9.26%
  • APN: 15-15-352-056
  • Situs County: Kane
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,633/SqFt
  • Lot: 5,617/SqFt
  • Gross: 2,671/SqFt
  • Living: 1,633/SqFt
  • Basement: 1,038/SqFt
  • Building: 2,671/SqFt
  • Price Per Square Foot: $136.56

Legal Description

  • Description: DAVIDS ADD : LOT 21 EX WLY 37 FT IN BLK 5
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: 41.767303 / -88.31855
  • Subdivision: Davids Add
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3016
  • Cooling: Central
  • Parking: 1

Ownership Info

502 Palace St has no associated ownership info
502 Palace St has no associated ownership info.

Taxes

502 Palace St has 10 associated Taxes items

502 Palace 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 $93,768. The APN we've located for 502 Palace St is 15-15-352-056.

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Taxes
  • Assessed Value:  $93,768
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-15-352-056
  • Assessed Land Value:  6264
  • Market Land Value:  18800
  • Tax Amount:  6435.06
  • Tax Year:  2025
  • Market Value:  281417
  • Market Year:  2025

Tax History

502 Palace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,768 Land Value $6,264 Improvement Value $87,504 Tax Amount $6,435.06 Change Rate Assessed CR Tax Rate +0.068627%
Year 2024 Assessed Value $85,719 Land Value $5,726 Improvement Value $79,993 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,589 Land Value $5,116 Improvement Value $71,473 Tax Amount $5,939.7 Change Rate +0.038369% Assessed CR Tax Rate +0.077553%
Year 2022 Assessed Value $69,881 Land Value $4,668 Improvement Value $65,213 Tax Amount $5,720.22 Change Rate +0.127724% Assessed CR Tax Rate +0.081857%
Year 2021 Assessed Value $60,845 Land Value $4,346 Improvement Value $56,499 Tax Amount $5,072.36 Change Rate +0.214966% Assessed CR Tax Rate +0.083365%
Year 2020 Assessed Value $50,015 Land Value $4,037 Improvement Value $45,978 Tax Amount $4,174.9 Change Rate +0.038037% Assessed CR Tax Rate +0.083473%
Year 2019 Assessed Value $46,582 Land Value $3,740 Improvement Value $42,842 Tax Amount $4,021.92 Change Rate +0.149715% Assessed CR Tax Rate +0.086341%
Year 2018 Assessed Value $42,166 Land Value $3,459 Improvement Value $38,707 Tax Amount $3,498.19 Change Rate -0.989506% Assessed CR Tax Rate +0.082962%
Year 2017 Assessed Value $37,899 Land Value $3,187 Improvement Value $34,712 Tax Amount $333,366.06 Change Rate +86.40635% Assessed CR Tax Rate +8.79617%
Year 2016 Assessed Value $35,331 Land Value $3,036 Improvement Value $32,295 Tax Amount $3,813.98 Change Rate Assessed CR Tax Rate +0.10795%
Year 2015 Assessed Value $30,671 Land Value $2,611 Improvement Value $28,060 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,489 Land Value $2,616 Improvement Value $23,873 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,079 Land Value $2,476 Improvement Value $26,603 Tax Amount Change Rate Assessed CR Tax Rate