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551 Gates St; Aurora, IL Property Details

551 Gates St, Aurora, IL is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 551 Gates St has 2 bedrooms, and 1 bathroom, and a total of 544 square feet. The lot size of 551 Gates St is 6,534 square feet.

Off market
551 Gates St Aurora, IL 60505
$127,000 Listing Price
2 Beds
1 Baths
544 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1948
  • Purchase Price: $127,000
  • Open Loans / Balance: 1 / $96,309
  • Est. Equity / %: $55,691 / 36.64%
  • Gross Yield: 13.003%
  • APN: 15-27-428-031
  • Situs County: Kane
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 544/SqFt
  • Lot: 6,534/SqFt
  • Gross: 544/SqFt
  • Living: 544/SqFt
  • Building: 544/SqFt
  • Ground: 544/SqFt
  • Price Per Square Foot: $233.46

Legal Description

  • Description: GATES RESUBDN : LOT 19 BLK 12
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora East Unit School District 131
  • Lat / Lon: 41.744175 / -88.30161
  • Subdivision: Gates Resub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4831

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

551 Gates St has no associated ownership info
551 Gates St has no associated ownership info.

Taxes

551 Gates St has 10 associated Taxes items

551 Gates 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 $42,344. The APN we've located for 551 Gates St is 15-27-428-031.

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Taxes
  • Assessed Value:  $42,344
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-27-428-031
  • Assessed Land Value:  6988
  • Market Land Value:  20972
  • Tax Amount:  2243.06
  • Tax Year:  2025
  • Market Value:  127083
  • Market Year:  2025

Tax History

551 Gates St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,344 Land Value $6,988 Improvement Value $35,356 Tax Amount $2,243.06 Change Rate Assessed CR Tax Rate +0.052972%
Year 2024 Assessed Value $38,709 Land Value $6,388 Improvement Value $32,321 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $34,587 Land Value $5,708 Improvement Value $28,879 Tax Amount $1,986.82 Change Rate +0.023195% Assessed CR Tax Rate +0.057444%
Year 2022 Assessed Value $31,557 Land Value $5,208 Improvement Value $26,349 Tax Amount $1,941.78 Change Rate +0.028779% Assessed CR Tax Rate +0.061532%
Year 2021 Assessed Value $29,380 Land Value $4,849 Improvement Value $24,531 Tax Amount $1,887.46 Change Rate +0.066024% Assessed CR Tax Rate +0.064243%
Year 2020 Assessed Value $27,290 Land Value $4,504 Improvement Value $22,786 Tax Amount $1,770.56 Change Rate +0.04191% Assessed CR Tax Rate +0.064879%
Year 2019 Assessed Value $25,285 Land Value $4,173 Improvement Value $21,112 Tax Amount $1,699.34 Change Rate +0.00747% Assessed CR Tax Rate +0.067207%
Year 2018 Assessed Value $24,524 Land Value $3,860 Improvement Value $20,664 Tax Amount $1,686.74 Change Rate -0.988254% Assessed CR Tax Rate +0.068779%
Year 2017 Assessed Value $20,643 Land Value $3,557 Improvement Value $17,086 Tax Amount $143,599.45 Change Rate +71.03781% Assessed CR Tax Rate +6.956327%
Year 2016 Assessed Value $18,945 Land Value $3,049 Improvement Value $15,896 Tax Amount $1,993.39 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $16,433 Land Value $2,622 Improvement Value $13,811 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $15,693 Land Value $2,410 Improvement Value $13,283 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $16,525 Land Value $2,424 Improvement Value $14,101 Tax Amount Change Rate Assessed CR Tax Rate