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545 Michigan Ave; Aurora, IL Property Details

545 Michigan Ave, Aurora, IL is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 545 Michigan Ave has 2.5 bathrooms, and a total of 2,081 square feet. The lot size of 545 Michigan Ave is 8,473 square feet.

Off market
545 Michigan Ave Aurora, IL 60506
$111,410 Estimated Value
2.5 Baths
2,081 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $112,000
  • Open Loans / Balance: 1 / $116,217
  • Est. Equity / %: $197,783 / 62.99%
  • Gross Yield: 11.885%
  • APN: 15-16-251-009
  • Situs County: Kane
  • Length Of Ownership: 29 years, 5 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 2,081/SqFt
  • Lot: 8,473/SqFt
  • Gross: 2,375/SqFt
  • Garage: 294/SqFt
  • Living: 2,081/SqFt
  • Building: 2,375/SqFt
  • Ground: 2,081/SqFt
  • Price Per Square Foot: $53.82

Legal Description

  • Description: BISHOP PARK SUBDN : UNIT #2 : LOT 2 LOT DIMENSIONS: 72X117.68X72X117.64 APPROX LOT SQ FT 8473 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: 41.77722 / -88.32801
  • Subdivision: Bishop Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2245
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

545 Michigan Ave has 10 associated Taxes items

545 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 $111,410. The APN we've located for 545 Michigan Ave is 15-16-251-009.

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Taxes
  • Assessed Value:  $111,410
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-251-009
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  7680.7
  • Tax Year:  2025
  • Market Value:  334364
  • Market Year:  2025

Tax History

545 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $111,410 Land Value $14,505 Improvement Value $96,905 Tax Amount $7,680.7 Change Rate Assessed CR Tax Rate +0.068941%
Year 2024 Assessed Value $101,847 Land Value $13,260 Improvement Value $88,587 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $91,000 Land Value $11,848 Improvement Value $79,152 Tax Amount $7,109.26 Change Rate +0.042634% Assessed CR Tax Rate +0.078124%
Year 2022 Assessed Value $83,029 Land Value $10,810 Improvement Value $72,219 Tax Amount $6,818.56 Change Rate +0.046703% Assessed CR Tax Rate +0.082123%
Year 2021 Assessed Value $77,301 Land Value $10,064 Improvement Value $67,237 Tax Amount $6,514.32 Change Rate +0.069773% Assessed CR Tax Rate +0.084272%
Year 2020 Assessed Value $71,047 Land Value $9,348 Improvement Value $61,699 Tax Amount $6,089.44 Change Rate -0.119435% Assessed CR Tax Rate +0.08571%
Year 2019 Assessed Value $76,721 Land Value $8,661 Improvement Value $68,060 Tax Amount $6,915.38 Change Rate +0.069904% Assessed CR Tax Rate +0.090137%
Year 2018 Assessed Value $73,002 Land Value $8,011 Improvement Value $64,991 Tax Amount $6,463.55 Change Rate -0.989639% Assessed CR Tax Rate +0.088539%
Year 2017 Assessed Value $66,615 Land Value $7,381 Improvement Value $59,234 Tax Amount $623,832.19 Change Rate +99.87206% Assessed CR Tax Rate +9.364741%
Year 2016 Assessed Value $58,217 Land Value $6,327 Improvement Value $51,890 Tax Amount $6,184.39 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $48,970 Land Value $5,441 Improvement Value $43,529 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $45,405 Land Value $5,233 Improvement Value $40,172 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,925 Land Value $5,158 Improvement Value $42,767 Tax Amount Change Rate Assessed CR Tax Rate