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540 Michigan Ave; Aurora, IL Property Details

540 Michigan Ave, Aurora, IL is a Single Family that was built in 1961. This property is not for sale. Our records show that 540 Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,197 square feet. The lot size of 540 Michigan Ave is 8,424 square feet.

Off market
540 Michigan Ave Aurora, IL 60506
$86,707 Estimated Value
3 Beds
1 Baths
1,197 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Est. Equity / %: $267,000 / 100%
  • Gross Yield: 12.166%
  • APN: 15-16-252-006
  • Situs County: Kane

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,197/SqFt
  • Lot: 8,424/SqFt
  • Gross: 1,866/SqFt
  • Garage: 405/SqFt
  • Living: 1,197/SqFt
  • Building: 1,602/SqFt
  • Ground: 1,197/SqFt

Legal Description

  • Description: BISHOP PARK SUBDN : UNIT 2 : LOT 12 LOT DIMENSIONS: 72 X 117 APPROX LOT SQ FT 8424 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: 41.776752 / -88.327736
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2246
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

540 Michigan Ave has 10 associated Taxes items

540 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 $86,707. The APN we've located for 540 Michigan Ave is 15-16-252-006.

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Taxes
  • Assessed Value:  $86,707
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-252-006
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  4071.86
  • Tax Year:  2025
  • Market Value:  260225
  • Market Year:  2025

Tax History

540 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,707 Land Value $14,505 Improvement Value $72,202 Tax Amount $4,071.86 Change Rate Assessed CR Tax Rate +0.046961%
Year 2024 Assessed Value $79,264 Land Value $13,260 Improvement Value $66,004 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $70,822 Land Value $11,848 Improvement Value $58,974 Tax Amount $5,380.94 Change Rate +0.037022% Assessed CR Tax Rate +0.075978%
Year 2022 Assessed Value $64,618 Land Value $10,810 Improvement Value $53,808 Tax Amount $5,188.84 Change Rate +0.048623% Assessed CR Tax Rate +0.0803%
Year 2021 Assessed Value $60,160 Land Value $10,064 Improvement Value $50,096 Tax Amount $4,948.24 Change Rate +0.05968% Assessed CR Tax Rate +0.082251%
Year 2020 Assessed Value $55,880 Land Value $9,348 Improvement Value $46,532 Tax Amount $4,669.56 Change Rate -0.002218% Assessed CR Tax Rate +0.083564%
Year 2019 Assessed Value $53,860 Land Value $8,661 Improvement Value $45,199 Tax Amount $4,679.94 Change Rate +0.09668% Assessed CR Tax Rate +0.086891%
Year 2018 Assessed Value $46,662 Land Value $8,011 Improvement Value $38,651 Tax Amount $4,267.37 Change Rate -0.990465% Assessed CR Tax Rate +0.091453%
Year 2017 Assessed Value $49,486 Land Value $7,381 Improvement Value $42,105 Tax Amount $447,545.44 Change Rate +96.49808% Assessed CR Tax Rate +9.04388%
Year 2016 Assessed Value $43,211 Land Value $6,327 Improvement Value $36,884 Tax Amount $4,590.3 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $36,382 Land Value $5,441 Improvement Value $30,941 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,732 Land Value $5,233 Improvement Value $28,499 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,498 Land Value $5,158 Improvement Value $30,340 Tax Amount Change Rate Assessed CR Tax Rate