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506 Palace St; Aurora, IL Property Details

506 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 506 Palace St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,540 square feet. The lot size of 506 Palace St is 7,560 square feet.

Off market
506 Palace St Aurora, IL 60506
$175,000 Listing Price
3 Beds
2.5 Baths
1,540 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $152,415
  • Est. Equity / %: $121,585 / 44.37%
  • Gross Yield: 8.781%
  • APN: 15-15-352-054
  • Situs County: Kane
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,540/SqFt
  • Lot: 7,560/SqFt
  • Gross: 3,198/SqFt
  • Garage: 484/SqFt
  • Living: 1,540/SqFt
  • Basement: 896/SqFt
  • Building: 2,920/SqFt
  • Price Per Square Foot: $113.64

Legal Description

  • Description: DAVIDS ADDN : LOT 20 BLOCK 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: 41.767426 / -88.31852
  • Subdivision: Davids Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3016
  • Cooling: None
  • Garage: Attached Garage
  • Heating: Gas
  • Parking: 2

Ownership Info

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

Taxes

506 Palace St has 10 associated Taxes items

506 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 $87,257. The APN we've located for 506 Palace St is 15-15-352-054.

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Taxes
  • Assessed Value:  $87,257
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-15-352-054
  • Assessed Land Value:  10441
  • Market Land Value:  31336
  • Tax Amount:  5946.56
  • Tax Year:  2025
  • Market Value:  261876
  • Market Year:  2025

Tax History

506 Palace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,257 Land Value $10,441 Improvement Value $76,816 Tax Amount $5,946.56 Change Rate Assessed CR Tax Rate +0.06815%
Year 2024 Assessed Value $75,414 Land Value $9,545 Improvement Value $65,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,382 Land Value $8,528 Improvement Value $58,854 Tax Amount $5,142.38 Change Rate +0.046177% Assessed CR Tax Rate +0.076317%
Year 2022 Assessed Value $60,893 Land Value $7,781 Improvement Value $53,112 Tax Amount $4,915.4 Change Rate +0.121807% Assessed CR Tax Rate +0.080722%
Year 2021 Assessed Value $53,377 Land Value $7,244 Improvement Value $46,133 Tax Amount $4,381.68 Change Rate +0.060005% Assessed CR Tax Rate +0.082089%
Year 2020 Assessed Value $49,580 Land Value $6,729 Improvement Value $42,851 Tax Amount $4,133.64 Change Rate +0.038499% Assessed CR Tax Rate +0.083373%
Year 2019 Assessed Value $46,163 Land Value $6,235 Improvement Value $39,928 Tax Amount $3,980.4 Change Rate +0.14786% Assessed CR Tax Rate +0.086225%
Year 2018 Assessed Value $41,842 Land Value $5,767 Improvement Value $36,075 Tax Amount $3,467.67 Change Rate -0.989509% Assessed CR Tax Rate +0.082875%
Year 2017 Assessed Value $37,629 Land Value $5,314 Improvement Value $32,315 Tax Amount $330,544.38 Change Rate +86.17485% Assessed CR Tax Rate +8.784299%
Year 2016 Assessed Value $35,125 Land Value $5,061 Improvement Value $30,064 Tax Amount $3,791.74 Change Rate Assessed CR Tax Rate +0.10795%
Year 2015 Assessed Value $30,474 Land Value $4,352 Improvement Value $26,122 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,342 Land Value $4,186 Improvement Value $24,156 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $30,224 Land Value $4,126 Improvement Value $26,098 Tax Amount Change Rate Assessed CR Tax Rate