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541 N May St; Aurora, IL Property Details

541 N May St, Aurora, IL is a Residential General that was built in 1929. This property is currently Financed and is not for sale. Our records show that 541 N May St has 2 bedrooms, and 1 bathroom, and a total of 864 square feet. The lot size of 541 N May St is 6,930 square feet.

Off market
541 N May St Aurora, IL 60506
$235,000 Listing Price
2 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1929
  • Purchase Price: $235,000
  • Open Loans / Balance: 1 / $226,545
  • Est. Equity / %: $9,455 / 4.01%
  • Gross Yield: 9.941%
  • APN: 15-16-453-016
  • Situs County: Kane
  • Length Of Ownership: 11 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 864/SqFt
  • Lot: 6,930/SqFt
  • Gross: 1,728/SqFt
  • Living: 864/SqFt
  • Basement: 864/SqFt
  • Building: 1,728/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $271.99

Legal Description

  • Description: MAY PLACE ADD : N 22 FT LOT 35 & S 20 FT : LOT 36 BLK 1
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: 41.768486 / -88.32679
  • Subdivision: May Place Add
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2945

Ownership Info

541 N May St has no associated ownership info
541 N May St has no associated ownership info.

Taxes

541 N May St has 10 associated Taxes items

541 N May 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 $48,272. The APN we've located for 541 N May St is 15-16-453-016.

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Taxes
  • Assessed Value:  $48,272
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-453-016
  • Assessed Land Value:  8702
  • Market Land Value:  26116
  • Tax Amount:  3585.38
  • Tax Year:  2025
  • Market Value:  144874
  • Market Year:  2025

Tax History

541 N May St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,272 Land Value $8,702 Improvement Value $39,570 Tax Amount $3,585.38 Change Rate Assessed CR Tax Rate +0.074275%
Year 2024 Assessed Value $43,669 Land Value $7,955 Improvement Value $35,714 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $39,018 Land Value $7,108 Improvement Value $31,910 Tax Amount $3,342.04 Change Rate +0.060527% Assessed CR Tax Rate +0.085654%
Year 2022 Assessed Value $35,600 Land Value $6,485 Improvement Value $29,115 Tax Amount $3,151.3 Change Rate +0.040665% Assessed CR Tax Rate +0.08852%
Year 2021 Assessed Value $33,144 Land Value $6,038 Improvement Value $27,106 Tax Amount $3,028.16 Change Rate +0.050722% Assessed CR Tax Rate +0.091364%
Year 2020 Assessed Value $30,785 Land Value $5,608 Improvement Value $25,177 Tax Amount $2,881.98 Change Rate +0.033301% Assessed CR Tax Rate +0.093616%
Year 2019 Assessed Value $28,523 Land Value $5,196 Improvement Value $23,327 Tax Amount $2,789.1 Change Rate +0.129455% Assessed CR Tax Rate +0.097784%
Year 2018 Assessed Value $26,150 Land Value $4,806 Improvement Value $21,344 Tax Amount $2,469.42 Change Rate -0.989394% Assessed CR Tax Rate +0.094433%
Year 2017 Assessed Value $22,623 Land Value $4,428 Improvement Value $18,195 Tax Amount $232,829.42 Change Rate +111.00668% Assessed CR Tax Rate +10.291713%
Year 2016 Assessed Value $19,568 Land Value $3,796 Improvement Value $15,772 Tax Amount $2,078.71 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $16,545 Land Value $3,264 Improvement Value $13,281 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $15,204 Land Value $3,140 Improvement Value $12,064 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $19,884 Land Value $3,095 Improvement Value $16,789 Tax Amount Change Rate Assessed CR Tax Rate