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508 N Lancaster Ave; Aurora, IL Property Details

508 N Lancaster Ave, Aurora, IL is a Residential General that was built in 1948. This property is currently Financed and is not for sale. Our records show that 508 N Lancaster Ave has 2 bedrooms, and 1 bathroom, and a total of 672 square feet. The lot size of 508 N Lancaster Ave is 6,762 square feet.

Off market
508 N Lancaster Ave Aurora, IL 60506
$54,240 Estimated Value
2 Beds
1 Baths
672 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $96,000
  • Open Loans / Balance: 1 / $21,151
  • Est. Equity / %: $160,849 / 88.38%
  • Gross Yield: 12.791%
  • APN: 15-16-379-021
  • Situs County: Kane
  • Length Of Ownership: 21 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 672/SqFt
  • Lot: 6,762/SqFt
  • Gross: 672/SqFt
  • Living: 672/SqFt
  • Building: 672/SqFt
  • Ground: 672/SqFt
  • Price Per Square Foot: $142.86

Legal Description

  • Description: HOYTS 3RD ADDN : S 30 FT LOT 11 & N 20 FT : LOT 12 BLK 5 LOT DIMENSIONS: 50 X 135.24 APPROX LOT SQ FT 6762 SUBDIVISION: ILL-PLUM-LANCSTR-ELMWD 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: 41.767303 / -88.33468
  • Subdivision: Ill-Plum-Lancstr-Elmwd
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2801

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

508 N Lancaster Ave has no associated ownership info
508 N Lancaster Ave has no associated ownership info.

Taxes

508 N Lancaster Ave has 10 associated Taxes items

508 N Lancaster 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 $54,240. The APN we've located for 508 N Lancaster Ave is 15-16-379-021.

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Taxes
  • Assessed Value:  $54,240
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-379-021
  • Assessed Land Value:  7586
  • Market Land Value:  22767
  • Tax Amount:  4028.64
  • Tax Year:  2025
  • Market Value:  162785
  • Market Year:  2025

Tax History

508 N Lancaster Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,240 Land Value $7,586 Improvement Value $46,654 Tax Amount $4,028.64 Change Rate Assessed CR Tax Rate +0.074274%
Year 2024 Assessed Value $44,736 Land Value $6,935 Improvement Value $37,801 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $39,971 Land Value $6,196 Improvement Value $33,775 Tax Amount $3,423.68 Change Rate +0.060521% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $36,470 Land Value $5,653 Improvement Value $30,817 Tax Amount $3,228.3 Change Rate +0.040662% Assessed CR Tax Rate +0.088519%
Year 2021 Assessed Value $33,954 Land Value $5,263 Improvement Value $28,691 Tax Amount $3,102.16 Change Rate +0.050668% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $31,539 Land Value $4,889 Improvement Value $26,650 Tax Amount $2,952.56 Change Rate +0.094643% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $27,584 Land Value $4,530 Improvement Value $23,054 Tax Amount $2,697.28 Change Rate +0.217217% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $23,680 Land Value $4,190 Improvement Value $19,490 Tax Amount $2,215.94 Change Rate -0.989284% Assessed CR Tax Rate +0.093579%
Year 2017 Assessed Value $20,093 Land Value $3,861 Improvement Value $16,232 Tax Amount $206,791.39 Change Rate +109.9259% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $17,549 Land Value $3,310 Improvement Value $14,239 Tax Amount $1,864.23 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $15,564 Land Value $2,846 Improvement Value $12,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $14,847 Land Value $2,616 Improvement Value $12,231 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $15,785 Land Value $2,579 Improvement Value $13,206 Tax Amount Change Rate Assessed CR Tax Rate