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518 Palace St; Aurora, IL Property Details

518 Palace St, Aurora, IL is a Residential General that was built in 1926. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 518 Palace St has 4 bedrooms, and 2 bathrooms, and a total of 3,508 square feet. The lot size of 518 Palace St is 7,560 square feet.

Off market
518 Palace St Aurora, IL 60506
$130,000 Listing Price
4 Beds
2 Baths
3,508 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1926
  • Purchase Price: $130,000
  • Est. Equity / %: $337,000 / 100%
  • Gross Yield: 15.422%
  • APN: 15-15-352-051
  • Situs County: Kane
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Mixed
  • Stories: 2

Measurements

  • Total: 3,508/SqFt
  • Lot: 7,560/SqFt
  • Gross: 5,686/SqFt
  • Garage: 400/SqFt
  • Living: 3,508/SqFt
  • Basement: 1,700/SqFt
  • Building: 5,608/SqFt
  • Price Per Square Foot: $37.06

Legal Description

  • Description: DAVIDS ADDN TO WEST : AURORA LOT 13 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: 41.76786 / -88.31852
  • Subdivision: Davids Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3016
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

518 Palace St has no associated ownership info
518 Palace St has no associated ownership info.

Taxes

518 Palace St has 10 associated Taxes items

518 Palace 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 $138,738. The APN we've located for 518 Palace St is 15-15-352-051.

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Taxes
  • Assessed Value:  $138,738
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-15-352-051
  • Assessed Land Value:  10441
  • Market Land Value:  31336
  • Tax Amount:  10409.32
  • Tax Year:  2025
  • Market Value:  416381
  • Market Year:  2025

Tax History

518 Palace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $138,738 Land Value $10,441 Improvement Value $128,297 Tax Amount $10,409.32 Change Rate Assessed CR Tax Rate +0.075029%
Year 2024 Assessed Value $126,435 Land Value $9,545 Improvement Value $116,890 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $112,969 Land Value $8,528 Improvement Value $104,441 Tax Amount $9,782.94 Change Rate +0.061768% Assessed CR Tax Rate +0.086598%
Year 2022 Assessed Value $102,896 Land Value $7,781 Improvement Value $95,115 Tax Amount $9,213.82 Change Rate +0.039958% Assessed CR Tax Rate +0.089545%
Year 2021 Assessed Value $95,797 Land Value $7,244 Improvement Value $88,553 Tax Amount $8,859.8 Change Rate +0.049742% Assessed CR Tax Rate +0.092485%
Year 2020 Assessed Value $88,981 Land Value $6,729 Improvement Value $82,252 Tax Amount $8,439.98 Change Rate +0.027574% Assessed CR Tax Rate +0.094851%
Year 2019 Assessed Value $82,876 Land Value $6,235 Improvement Value $76,641 Tax Amount $8,213.5 Change Rate +0.122489% Assessed CR Tax Rate +0.099106%
Year 2018 Assessed Value $75,012 Land Value $5,767 Improvement Value $69,245 Tax Amount $7,317.22 Change Rate -0.989603% Assessed CR Tax Rate +0.097547%
Year 2017 Assessed Value $67,341 Land Value $5,314 Improvement Value $62,027 Tax Amount $703,758.81 Change Rate +102.86189% Assessed CR Tax Rate +10.450674%
Year 2016 Assessed Value $62,769 Land Value $5,061 Improvement Value $57,708 Tax Amount $6,775.91 Change Rate Assessed CR Tax Rate +0.10795%
Year 2015 Assessed Value $59,506 Land Value $4,352 Improvement Value $55,154 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $55,190 Land Value $4,186 Improvement Value $51,004 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $56,416 Land Value $4,126 Improvement Value $52,290 Tax Amount Change Rate Assessed CR Tax Rate