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516 Forest Ave; Aurora, IL Property Details

516 Forest Ave, Aurora, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 516 Forest Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,111 square feet. The lot size of 516 Forest Ave is 12,181 square feet.

Off market
516 Forest Ave Aurora, IL 60505
$72,987 Estimated Value
4 Beds
1.5 Baths
1,111 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1954
  • Purchase Price: $190,000
  • Open Loans / Balance: 1 / $188,114
  • Est. Equity / %: $75,886 / 28.74%
  • Gross Yield: 9.686%
  • APN: 15-14-301-007
  • Situs County: Kane
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Water Source: Municipal

Measurements

  • Total: 1,111/SqFt
  • Lot: 12,181/SqFt
  • Gross: 2,222/SqFt
  • Garage: 336/SqFt
  • Living: 1,111/SqFt
  • Basement: 775/SqFt
  • Building: 2,222/SqFt
  • Price Per Square Foot: $171.02

Legal Description

  • Description: GARFIELD PARK 2ND SUBDN : LOT 11 & 5 BLK 2 LOT DIMENSIONS: 46.14 X 264 APPROX LOT SQ FT 12181 SUBDIVISION: PINE-FOREST-WOOD-HIGH RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.774498 / -88.30053
  • Subdivision: Pine-Forest-Wood-High
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2218
  • Cooling: Window\Unit
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $445
  • H O A Amount: $445
  • H O A One Frequency: Monthly
  • H O A One Name: Legum & Norman
  • H O A One Type: Home Owner Association
  • H O A Two Name: Walden Woods Condos
  • H O A Two Type: Home Owner Association

Ownership Info

516 Forest Ave has no associated ownership info
516 Forest Ave has no associated ownership info.

Taxes

516 Forest Ave has 10 associated Taxes items

516 Forest 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 $72,987. The APN we've located for 516 Forest Ave is 15-14-301-007.

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Taxes
  • Assessed Value:  $72,987
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-14-301-007
  • Assessed Land Value:  10623
  • Market Land Value:  31882
  • Tax Amount:  4244.38
  • Tax Year:  2025
  • Market Value:  219049
  • Market Year:  2025

Tax History

516 Forest Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,987 Land Value $10,623 Improvement Value $62,364 Tax Amount $4,244.38 Change Rate Assessed CR Tax Rate +0.058153%
Year 2024 Assessed Value $66,722 Land Value $9,711 Improvement Value $57,011 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,616 Land Value $8,677 Improvement Value $50,939 Tax Amount $3,857.2 Change Rate +0.067052% Assessed CR Tax Rate +0.064701%
Year 2022 Assessed Value $53,577 Land Value $7,917 Improvement Value $45,660 Tax Amount $3,614.82 Change Rate +0.020415% Assessed CR Tax Rate +0.06747%
Year 2021 Assessed Value $49,881 Land Value $7,371 Improvement Value $42,510 Tax Amount $3,542.5 Change Rate +0.056145% Assessed CR Tax Rate +0.071019%
Year 2020 Assessed Value $46,332 Land Value $6,847 Improvement Value $39,485 Tax Amount $3,354.18 Change Rate +0.030793% Assessed CR Tax Rate +0.072394%
Year 2019 Assessed Value $42,928 Land Value $6,344 Improvement Value $36,584 Tax Amount $3,253.98 Change Rate +0.250266% Assessed CR Tax Rate +0.075801%
Year 2018 Assessed Value $36,167 Land Value $5,868 Improvement Value $30,299 Tax Amount $2,602.63 Change Rate -0.989413% Assessed CR Tax Rate +0.071961%
Year 2017 Assessed Value $31,068 Land Value $5,407 Improvement Value $25,661 Tax Amount $245,834.27 Change Rate +78.93103% Assessed CR Tax Rate +7.912781%
Year 2016 Assessed Value $29,230 Land Value $4,635 Improvement Value $24,595 Tax Amount $3,075.58 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $25,158 Land Value $3,986 Improvement Value $21,172 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,140 Land Value $3,663 Improvement Value $19,477 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $23,390 Land Value $4,190 Improvement Value $19,200 Tax Amount Change Rate Assessed CR Tax Rate