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516 N Lancaster Ave; Aurora, IL Property Details

516 N Lancaster Ave, Aurora, IL is a Residential General that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 516 N Lancaster Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 1,248 square feet. The lot size of 516 N Lancaster Ave is 5,396 square feet.

Off market
516 N Lancaster Ave Aurora, IL 60506
$145,000 Listing Price
4 Beds
2.5 Baths
1,248 SqFt
Property Type
Residential General
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1972
  • Purchase Price: $145,000
  • Est. Equity / %: $244,000 / 100%
  • Gross Yield: 5.272%
  • APN: 15-16-379-019
  • Situs County: Kane
  • Length Of Ownership: 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,248/SqFt
  • Lot: 5,396/SqFt
  • Gross: 1,248/SqFt
  • Living: 1,248/SqFt
  • Building: 1,248/SqFt
  • Ground: 1,248/SqFt
  • Price Per Square Foot: $116.19

Legal Description

  • Description: HOYTS 3RD ADDN : LOT 9 BLK 5
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: 41.76756 / -88.33478
  • Subdivision: Hoyts 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2801

Ownership Info

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

Taxes

516 N Lancaster Ave has 10 associated Taxes items

516 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 $82,835. The APN we've located for 516 N Lancaster Ave is 15-16-379-019.

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Taxes
  • Assessed Value:  $82,835
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-379-019
  • Assessed Land Value:  6069
  • Market Land Value:  18214
  • Tax Amount:  6152.52
  • Tax Year:  2025
  • Market Value:  248604
  • Market Year:  2025

Tax History

516 N Lancaster Ave has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,835 Land Value $6,069 Improvement Value $76,766 Tax Amount $6,152.52 Change Rate Assessed CR Tax Rate +0.074274%
Year 2024 Assessed Value $67,748 Land Value $5,548 Improvement Value $62,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,532 Land Value $4,957 Improvement Value $55,575 Tax Amount $5,184.8 Change Rate +0.060521% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $55,230 Land Value $4,523 Improvement Value $50,707 Tax Amount $4,888.92 Change Rate +0.040656% Assessed CR Tax Rate +0.088519%
Year 2021 Assessed Value $51,420 Land Value $4,211 Improvement Value $47,209 Tax Amount $4,697.92 Change Rate +0.050707% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $47,761 Land Value $3,911 Improvement Value $43,850 Tax Amount $4,471.2 Change Rate +0.100278% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $41,558 Land Value $3,624 Improvement Value $37,934 Tax Amount $4,063.7 Change Rate +0.188446% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $35,420 Land Value $3,352 Improvement Value $32,068 Tax Amount $3,419.34 Change Rate -0.989647% Assessed CR Tax Rate +0.096537%
Year 2017 Assessed Value $32,091 Land Value $3,089 Improvement Value $29,002 Tax Amount $330,271.38 Change Rate +109.68484% Assessed CR Tax Rate +10.291714%
Year 2016 Assessed Value $28,089 Land Value $2,648 Improvement Value $25,441 Tax Amount $2,983.89 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $24,999 Land Value $2,277 Improvement Value $22,722 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,946 Land Value $2,093 Improvement Value $21,853 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,657 Land Value $2,063 Improvement Value $23,594 Tax Amount Change Rate Assessed CR Tax Rate
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