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507 Michigan Ave; Aurora, IL Property Details

507 Michigan Ave, Aurora, IL is a Single Family that was built in 1959. This property is not for sale. Our records show that 507 Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,515 square feet. The lot size of 507 Michigan Ave is 8,015 square feet.

Off market
507 Michigan Ave Aurora, IL 60506
$87,059 Estimated Value
3 Beds
1 Baths
1,515 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1959
  • Est. Equity / %: $294,000 / 100%
  • Gross Yield: 11.094%
  • APN: 15-16-251-017
  • Situs County: Kane

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,515/SqFt
  • Lot: 8,015/SqFt
  • Gross: 1,515/SqFt
  • Living: 1,515/SqFt
  • Building: 1,515/SqFt
  • Ground: 1,515/SqFt

Legal Description

  • Description: SUPVRS ASSMT PLAT OF : UNRECORDED PLAT OF BISHOP : PARK LOT 240 LOT DIMENSIONS: 68.5 X 117 APPROX LOT SQ FT 8015 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: 41.77723 / -88.32599
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2245

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

507 Michigan Ave has 10 associated Taxes items

507 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 $87,059. The APN we've located for 507 Michigan Ave is 15-16-251-017.

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Taxes
  • Assessed Value:  $87,059
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-251-017
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  5277.86
  • Tax Year:  2025
  • Market Value:  261282
  • Market Year:  2025

Tax History

507 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,059 Land Value $14,505 Improvement Value $72,554 Tax Amount $5,277.86 Change Rate Assessed CR Tax Rate +0.060624%
Year 2024 Assessed Value $79,586 Land Value $13,260 Improvement Value $66,326 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $71,110 Land Value $11,848 Improvement Value $59,262 Tax Amount $4,720.38 Change Rate -0.010303% Assessed CR Tax Rate +0.066381%
Year 2022 Assessed Value $64,881 Land Value $10,810 Improvement Value $54,071 Tax Amount $4,769.52 Change Rate +0.056648% Assessed CR Tax Rate +0.073512%
Year 2021 Assessed Value $60,405 Land Value $10,064 Improvement Value $50,341 Tax Amount $4,513.82 Change Rate +0.068932% Assessed CR Tax Rate +0.074726%
Year 2020 Assessed Value $56,107 Land Value $9,348 Improvement Value $46,759 Tax Amount $4,222.74 Change Rate +0.045502% Assessed CR Tax Rate +0.075262%
Year 2019 Assessed Value $52,305 Land Value $8,661 Improvement Value $43,644 Tax Amount $4,038.96 Change Rate -0.113659% Assessed CR Tax Rate +0.077219%
Year 2018 Assessed Value $49,687 Land Value $8,011 Improvement Value $41,676 Tax Amount $4,556.89 Change Rate -0.990412% Assessed CR Tax Rate +0.091712%
Year 2017 Assessed Value $52,178 Land Value $7,381 Improvement Value $44,797 Tax Amount $475,250.72 Change Rate +97.17404% Assessed CR Tax Rate +9.108259%
Year 2016 Assessed Value $45,570 Land Value $6,327 Improvement Value $39,243 Tax Amount $4,840.9 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $38,361 Land Value $5,441 Improvement Value $32,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,677 Land Value $5,233 Improvement Value $30,444 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,569 Land Value $5,158 Improvement Value $32,411 Tax Amount Change Rate Assessed CR Tax Rate