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530 Michigan Ave; Aurora, IL Property Details

530 Michigan Ave, Aurora, IL is a Residential General that was built in 1958. This property is currently Financed and is not for sale. Our records show that 530 Michigan Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 1,419 square feet. The lot size of 530 Michigan Ave is 8,073 square feet.

Off market
530 Michigan Ave Aurora, IL 60506
$87,252 Estimated Value
2 Beds
2.5 Baths
1,419 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $118,500
  • Est. Equity / %: $270,000 / 100%
  • Gross Yield: 11.973%
  • APN: 15-16-252-009
  • Situs County: Kane
  • Length Of Ownership: 25 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,419/SqFt
  • Lot: 8,073/SqFt
  • Gross: 1,743/SqFt
  • Garage: 324/SqFt
  • Living: 1,419/SqFt
  • Building: 1,743/SqFt
  • Ground: 1,419/SqFt
  • Price Per Square Foot: $83.51

Legal Description

  • Description: SUPVRS ASSMT PLAT OF UNRECORDED PLAT OF BISHOP PARK LOT 231 LOT DIMENSIONS: 69 X 117 APPROX LOT SQ FT 8073 SUBDIVISION: BISHOP PARK RANGE CODE: 001
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: 41.776756 / -88.32696
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2246
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

530 Michigan Ave has 10 associated Taxes items

530 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 $87,252. The APN we've located for 530 Michigan Ave is 15-16-252-009.

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Taxes
  • Assessed Value:  $87,252
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-252-009
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  6480.58
  • Tax Year:  2025
  • Market Value:  261861
  • Market Year:  2025

Tax History

530 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,252 Land Value $14,505 Improvement Value $72,747 Tax Amount $6,480.58 Change Rate Assessed CR Tax Rate +0.074274%
Year 2024 Assessed Value $79,762 Land Value $13,260 Improvement Value $66,502 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $71,267 Land Value $11,848 Improvement Value $59,419 Tax Amount $6,104.3 Change Rate +0.060533% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $65,024 Land Value $10,810 Improvement Value $54,214 Tax Amount $5,755.88 Change Rate +0.040666% Assessed CR Tax Rate +0.088519%
Year 2021 Assessed Value $60,538 Land Value $10,064 Improvement Value $50,474 Tax Amount $5,530.96 Change Rate +0.039889% Assessed CR Tax Rate +0.091363%
Year 2020 Assessed Value $56,815 Land Value $9,348 Improvement Value $47,467 Tax Amount $5,318.8 Change Rate +0.02699% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $52,964 Land Value $8,661 Improvement Value $44,303 Tax Amount $5,179.02 Change Rate +0.061858% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $50,317 Land Value $8,011 Improvement Value $42,306 Tax Amount $4,877.32 Change Rate -0.989692% Assessed CR Tax Rate +0.096932%
Year 2017 Assessed Value $45,974 Land Value $7,381 Improvement Value $38,593 Tax Amount $473,151.22 Change Rate +95.236626% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $46,282 Land Value $6,327 Improvement Value $39,955 Tax Amount $4,916.54 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $38,959 Land Value $5,441 Improvement Value $33,518 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,137 Land Value $5,233 Improvement Value $30,904 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,060 Land Value $5,158 Improvement Value $32,902 Tax Amount Change Rate Assessed CR Tax Rate