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505 Colfax Ave; Aurora, IL Property Details

505 Colfax Ave, Aurora, IL is a Residential General that was built in 1959. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 505 Colfax Ave has 2 bedrooms, and 1 bathroom, and a total of 720 square feet. The lot size of 505 Colfax Ave is 6,630 square feet.

Off market
505 Colfax Ave Aurora, IL 60505
$47,220 Estimated Value
2 Beds
1 Baths
720 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Est. Equity / %: $202,000 / 100%
  • Gross Yield: 11.822%
  • APN: 15-23-126-015
  • Situs County: Kane
  • Length Of Ownership: 17 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 720/SqFt
  • Lot: 6,630/SqFt
  • Gross: 720/SqFt
  • Living: 720/SqFt
  • Building: 720/SqFt
  • Ground: 720/SqFt

Legal Description

  • Description: WOODRUFFS SUBDN : PT LOT 1 LOT DIMENSIONS: 65 X 102 APPROX LOT SQ FT 6630 SUBDIVISION: SEC 23 & PT SEC 22 RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.765495 / -88.29355
  • Subdivision: Woodruffs Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2852
  • Cooling: None

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 Colfax Ave has no associated ownership info
505 Colfax Ave has no associated ownership info.

Taxes

505 Colfax Ave has 10 associated Taxes items

505 Colfax 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 $47,220. The APN we've located for 505 Colfax Ave is 15-23-126-015.

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Taxes
  • Assessed Value:  $47,220
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-23-126-015
  • Assessed Land Value:  8224
  • Market Land Value:  24682
  • Tax Amount:  3084
  • Tax Year:  2025
  • Market Value:  141717
  • Market Year:  2025

Tax History

505 Colfax Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,220 Land Value $8,224 Improvement Value $38,996 Tax Amount $3,084 Change Rate Assessed CR Tax Rate +0.065311%
Year 2024 Assessed Value $43,167 Land Value $7,518 Improvement Value $35,649 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $38,569 Land Value $6,717 Improvement Value $31,852 Tax Amount $2,882.22 Change Rate +0.077965% Assessed CR Tax Rate +0.074729%
Year 2022 Assessed Value $35,191 Land Value $6,129 Improvement Value $29,062 Tax Amount $2,673.76 Change Rate +0.010889% Assessed CR Tax Rate +0.075979%
Year 2021 Assessed Value $32,763 Land Value $5,706 Improvement Value $27,057 Tax Amount $2,644.96 Change Rate +0.045092% Assessed CR Tax Rate +0.08073%
Year 2020 Assessed Value $30,432 Land Value $5,300 Improvement Value $25,132 Tax Amount $2,530.84 Change Rate -0.00363% Assessed CR Tax Rate +0.083164%
Year 2019 Assessed Value $28,826 Land Value $4,911 Improvement Value $23,915 Tax Amount $2,540.06 Change Rate +0.098585% Assessed CR Tax Rate +0.088117%
Year 2018 Assessed Value $25,392 Land Value $4,543 Improvement Value $20,849 Tax Amount $2,312.12 Change Rate -0.990589% Assessed CR Tax Rate +0.091057%
Year 2017 Assessed Value $25,053 Land Value $4,186 Improvement Value $20,867 Tax Amount $245,687.16 Change Rate +105.18891% Assessed CR Tax Rate +9.806696%
Year 2016 Assessed Value $21,989 Land Value $3,588 Improvement Value $18,401 Tax Amount $2,313.68 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $19,553 Land Value $3,085 Improvement Value $16,468 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $18,495 Land Value $2,835 Improvement Value $15,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $19,549 Land Value $2,709 Improvement Value $16,840 Tax Amount Change Rate Assessed CR Tax Rate