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516 Gates St; Aurora, IL Property Details

516 Gates St, Aurora, IL is a Residential General that was built in 1927. This property is currently Financed and is not for sale. Our records show that 516 Gates St has 1 bathroom, and a total of 1,047 square feet. The lot size of 516 Gates St is 4,812 square feet.

Off market
516 Gates St Aurora, IL 60505
$54,539 Estimated Value
1 Baths
1,047 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1927
  • Purchase Price: $168,000
  • Open Loans / Balance: 1 / $194,645
  • Est. Equity / %: $4,355 / 2.19%
  • Gross Yield: 8.87%
  • APN: 15-26-301-004
  • Situs County: Kane
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5

Measurements

  • Total: 1,047/SqFt
  • Lot: 4,812/SqFt
  • Gross: 1,945/SqFt
  • Garage: 200/SqFt
  • Living: 1,047/SqFt
  • Basement: 698/SqFt
  • Building: 1,945/SqFt
  • Price Per Square Foot: $160.46

Legal Description

  • Description: SCHOMERS SUB: PT LOT 10
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.745182 / -88.300766
  • Subdivision: Schomers Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4832
  • Garage: Attached Garage
  • Parking: 1

Ownership Info

516 Gates St has no associated ownership info
516 Gates St has no associated ownership info.

Taxes

516 Gates St has 10 associated Taxes items

516 Gates 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 $54,539. The APN we've located for 516 Gates St is 15-26-301-004.

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Taxes
  • Assessed Value:  $54,539
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-26-301-004
  • Assessed Land Value:  4951
  • Market Land Value:  14859
  • Tax Amount:  3562.02
  • Tax Year:  2025
  • Market Value:  163682
  • Market Year:  2025

Tax History

516 Gates St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,539 Land Value $4,951 Improvement Value $49,588 Tax Amount $3,562.02 Change Rate Assessed CR Tax Rate +0.065311%
Year 2024 Assessed Value $49,857 Land Value $4,526 Improvement Value $45,331 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $44,547 Land Value $4,044 Improvement Value $40,503 Tax Amount $3,328.94 Change Rate +0.077976% Assessed CR Tax Rate +0.074729%
Year 2022 Assessed Value $40,645 Land Value $3,690 Improvement Value $36,955 Tax Amount $3,088.14 Change Rate +0.010881% Assessed CR Tax Rate +0.075978%
Year 2021 Assessed Value $37,841 Land Value $3,435 Improvement Value $34,406 Tax Amount $3,054.9 Change Rate +0.045075% Assessed CR Tax Rate +0.08073%
Year 2020 Assessed Value $35,149 Land Value $3,191 Improvement Value $31,958 Tax Amount $2,923.14 Change Rate +0.018622% Assessed CR Tax Rate +0.083164%
Year 2019 Assessed Value $32,567 Land Value $2,957 Improvement Value $29,610 Tax Amount $2,869.7 Change Rate +0.118098% Assessed CR Tax Rate +0.088117%
Year 2018 Assessed Value $30,114 Land Value $2,735 Improvement Value $27,379 Tax Amount $2,566.59 Change Rate -0.989266% Assessed CR Tax Rate +0.085229%
Year 2017 Assessed Value $24,382 Land Value $2,520 Improvement Value $21,862 Tax Amount $239,106.86 Change Rate +96.2584% Assessed CR Tax Rate +9.806696%
Year 2016 Assessed Value $23,365 Land Value $2,160 Improvement Value $21,205 Tax Amount $2,458.47 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $20,836 Land Value $1,857 Improvement Value $18,979 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,549 Land Value $1,707 Improvement Value $19,842 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $22,906 Land Value $1,717 Improvement Value $21,189 Tax Amount Change Rate Assessed CR Tax Rate