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531 Palace St; Aurora, IL Property Details

531 Palace St, Aurora, IL is a Single Family that was built in 1927. This property is currently Financed and is not for sale. Our records show that 531 Palace St has 3 bedrooms, and 1 bathroom, and a total of 1,440 square feet. The lot size of 531 Palace St is 7,560 square feet.

Off market
531 Palace St Aurora, IL 60506
$178,000 Listing Price
3 Beds
1 Baths
1,440 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Purchase Price: $178,000
  • Open Loans / Balance: 1 / $139,359
  • Est. Equity / %: $175,641 / 55.76%
  • Gross Yield: 8.168%
  • APN: 15-15-353-017
  • Situs County: Kane
  • Length Of Ownership: 10 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,440/SqFt
  • Lot: 7,560/SqFt
  • Gross: 2,796/SqFt
  • Garage: 528/SqFt
  • Living: 1,440/SqFt
  • Basement: 720/SqFt
  • Building: 2,688/SqFt
  • Price Per Square Foot: $123.61

Legal Description

  • Description: DAVIDS ADDN : LOT 7 BLOCK 4 LOT DIMENSIONS: 52.5 X 144 APPROX LOT SQ FT 7560 SUBDIVISION: ILL AV-W PARK-LAKE-GRAND 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: 41.7683 / -88.31793
  • Subdivision: Ill Av-W Park-Lake-Grand
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3015
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Name: Globe Hw Co.
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

531 Palace St has 10 associated Taxes items

531 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 $83,701. The APN we've located for 531 Palace St is 15-15-353-017.

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Taxes
  • Assessed Value:  $83,701
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-15-353-017
  • Assessed Land Value:  10441
  • Market Land Value:  31336
  • Tax Amount:  5679.74
  • Tax Year:  2025
  • Market Value:  251203
  • Market Year:  2025

Tax History

531 Palace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,701 Land Value $10,441 Improvement Value $73,260 Tax Amount $5,679.74 Change Rate Assessed CR Tax Rate +0.067857%
Year 2024 Assessed Value $76,516 Land Value $9,545 Improvement Value $66,971 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $68,366 Land Value $8,528 Improvement Value $59,838 Tax Amount $5,227.6 Change Rate +0.035505% Assessed CR Tax Rate +0.076465%
Year 2022 Assessed Value $62,378 Land Value $7,781 Improvement Value $54,597 Tax Amount $5,048.36 Change Rate +0.04823% Assessed CR Tax Rate +0.080932%
Year 2021 Assessed Value $58,074 Land Value $7,244 Improvement Value $50,830 Tax Amount $4,816.08 Change Rate +0.059089% Assessed CR Tax Rate +0.08293%
Year 2020 Assessed Value $53,942 Land Value $6,729 Improvement Value $47,213 Tax Amount $4,547.38 Change Rate +0.029462% Assessed CR Tax Rate +0.084301%
Year 2019 Assessed Value $50,571 Land Value $6,235 Improvement Value $44,336 Tax Amount $4,417.24 Change Rate +0.089106% Assessed CR Tax Rate +0.087347%
Year 2018 Assessed Value $47,308 Land Value $5,767 Improvement Value $41,541 Tax Amount $4,055.84 Change Rate -0.989675% Assessed CR Tax Rate +0.085733%
Year 2017 Assessed Value $43,588 Land Value $5,314 Improvement Value $38,274 Tax Amount $392,819.94 Change Rate +82.593475% Assessed CR Tax Rate +9.012112%
Year 2016 Assessed Value $43,531 Land Value $5,061 Improvement Value $38,470 Tax Amount $4,699.17 Change Rate Assessed CR Tax Rate +0.10795%
Year 2015 Assessed Value $36,052 Land Value $4,352 Improvement Value $31,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,656 Land Value $4,186 Improvement Value $31,470 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,088 Land Value $4,126 Improvement Value $32,962 Tax Amount Change Rate Assessed CR Tax Rate