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507 N May St; Aurora, IL Property Details

507 N May St, Aurora, IL is a Residential General that was built in 1904. This property is currently Financed and is not for sale. Our records show that 507 N May St has 3 bedrooms, and 1 bathroom, and a total of 1,344 square feet. The lot size of 507 N May St is 8,415 square feet.

Off market
507 N May St Aurora, IL 60506
$60,253 Estimated Value
3 Beds
1 Baths
1,344 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1904
  • Open Loans / Balance: 1 / $131,934
  • Est. Equity / %: $141,066 / 51.67%
  • Gross Yield: 9.719%
  • APN: 15-16-453-026
  • Situs County: Kane
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,344/SqFt
  • Lot: 8,415/SqFt
  • Gross: 2,784/SqFt
  • Garage: 576/SqFt
  • Living: 1,344/SqFt
  • Basement: 768/SqFt
  • Building: 2,688/SqFt

Legal Description

  • Description: MAY PLACE ADDN : LOT 27 BLK 1 LOT DIMENSIONS: 51 X 165 APPROX LOT SQ FT 8415 SUBDIVISION: SECTION 16 - SE 1/4 RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora West Unit School District 129
  • Lat / Lon: 41.76732 / -88.32672
  • Subdivision: May Place Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

507 N May St has 10 associated Taxes items

507 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 $60,253. The APN we've located for 507 N May St is 15-16-453-026.

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Taxes
  • Assessed Value:  $60,253
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-453-026
  • Assessed Land Value:  8702
  • Market Land Value:  26116
  • Tax Amount:  4475.26
  • Tax Year:  2025
  • Market Value:  180831
  • Market Year:  2025

Tax History

507 N May St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,253 Land Value $8,702 Improvement Value $51,551 Tax Amount $4,475.26 Change Rate Assessed CR Tax Rate +0.074274%
Year 2024 Assessed Value $55,081 Land Value $7,955 Improvement Value $47,126 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $49,215 Land Value $7,108 Improvement Value $42,107 Tax Amount $4,215.46 Change Rate +0.060525% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $44,904 Land Value $6,485 Improvement Value $38,419 Tax Amount $3,974.88 Change Rate +0.040643% Assessed CR Tax Rate +0.08852%
Year 2021 Assessed Value $41,807 Land Value $6,038 Improvement Value $35,769 Tax Amount $3,819.64 Change Rate +0.050708% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $38,832 Land Value $5,608 Improvement Value $33,224 Tax Amount $3,635.3 Change Rate +0.033296% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $35,979 Land Value $5,196 Improvement Value $30,783 Tax Amount $3,518.16 Change Rate +0.22622% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $30,411 Land Value $4,806 Improvement Value $25,605 Tax Amount $2,869.11 Change Rate -0.989383% Assessed CR Tax Rate +0.094344%
Year 2017 Assessed Value $26,257 Land Value $4,428 Improvement Value $21,829 Tax Amount $270,229.5 Change Rate +110.9737% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $22,718 Land Value $3,796 Improvement Value $18,922 Tax Amount $2,413.33 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $19,198 Land Value $3,264 Improvement Value $15,934 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $18,465 Land Value $3,140 Improvement Value $15,325 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $23,237 Land Value $3,095 Improvement Value $20,142 Tax Amount Change Rate Assessed CR Tax Rate