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524 Michigan Ave; Aurora, IL Property Details

524 Michigan Ave, Aurora, IL is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 524 Michigan Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,431 square feet. The lot size of 524 Michigan Ave is 8,073 square feet.

Off market
524 Michigan Ave Aurora, IL 60506
$85,906 Estimated Value
3 Beds
2.5 Baths
1,431 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $163,000
  • Open Loans / Balance: 1 / $105,693
  • Est. Equity / %: $161,307 / 60.41%
  • Gross Yield: 11.074%
  • APN: 15-16-252-010
  • Situs County: Kane
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Water Source: Municipal

Measurements

  • Total: 1,431/SqFt
  • Lot: 8,073/SqFt
  • Gross: 1,431/SqFt
  • Living: 1,431/SqFt
  • Building: 1,431/SqFt
  • Ground: 1,431/SqFt
  • Price Per Square Foot: $113.91

Legal Description

  • Description: SUPVRS ASSMT PLAT OF UNRECORDED PLAT OF BISHOP PARK LOT 230 LOT DIMENSIONS: 69 X 117 APPROX LOT SQ FT 8073 SUBDIVISION: BISHOP PARK RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora West Unit School District 129
  • Lat / Lon: 41.776768 / -88.32671
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2246
  • Cooling: Central
  • Garage: Detached Garage

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

524 Michigan Ave has no associated ownership info
524 Michigan Ave has no associated ownership info.

Taxes

524 Michigan Ave has 10 associated Taxes items

524 Michigan 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 $85,906. The APN we've located for 524 Michigan Ave is 15-16-252-010.

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Taxes
  • Assessed Value:  $85,906
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-252-010
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  5786.42
  • Tax Year:  2025
  • Market Value:  257821
  • Market Year:  2025

Tax History

524 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $85,906 Land Value $14,505 Improvement Value $71,401 Tax Amount $5,786.42 Change Rate Assessed CR Tax Rate +0.067358%
Year 2024 Assessed Value $78,532 Land Value $13,260 Improvement Value $65,272 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $70,168 Land Value $11,848 Improvement Value $58,320 Tax Amount $5,324.92 Change Rate +0.036767% Assessed CR Tax Rate +0.075888%
Year 2022 Assessed Value $64,022 Land Value $10,810 Improvement Value $53,212 Tax Amount $5,136.08 Change Rate +0.048706% Assessed CR Tax Rate +0.080224%
Year 2021 Assessed Value $59,605 Land Value $10,064 Improvement Value $49,541 Tax Amount $4,897.54 Change Rate +0.059785% Assessed CR Tax Rate +0.082167%
Year 2020 Assessed Value $55,364 Land Value $9,348 Improvement Value $46,016 Tax Amount $4,621.26 Change Rate +0.036152% Assessed CR Tax Rate +0.08347%
Year 2019 Assessed Value $51,611 Land Value $8,661 Improvement Value $42,950 Tax Amount $4,460.02 Change Rate +0.077779% Assessed CR Tax Rate +0.086416%
Year 2018 Assessed Value $49,024 Land Value $8,011 Improvement Value $41,013 Tax Amount $4,138.16 Change Rate -0.989606% Assessed CR Tax Rate +0.084411%
Year 2017 Assessed Value $44,684 Land Value $7,381 Improvement Value $37,303 Tax Amount $398,124.62 Change Rate +82.3837% Assessed CR Tax Rate +8.90978%
Year 2016 Assessed Value $44,946 Land Value $6,327 Improvement Value $38,619 Tax Amount $4,774.61 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $37,838 Land Value $5,441 Improvement Value $32,397 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,193 Land Value $5,233 Improvement Value $29,960 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,054 Land Value $5,158 Improvement Value $31,896 Tax Amount Change Rate Assessed CR Tax Rate