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555 Michigan Ave; Aurora, IL Property Details

555 Michigan Ave, Aurora, IL is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 555 Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,193 square feet. The lot size of 555 Michigan Ave is 8,361 square feet.

Off market
555 Michigan Ave Aurora, IL 60506
$79,932 Estimated Value
3 Beds
1 Baths
1,193 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1962
  • Purchase Price: $133,000
  • Open Loans / Balance: 1 / $83,658
  • Est. Equity / %: $179,342 / 68.19%
  • Gross Yield: 11.494%
  • APN: 15-16-251-007
  • Situs County: Kane
  • Length Of Ownership: 23 years, 8 months

Rooms

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

Structure

  • Building Style: Masonry
  • Stories: 1

Measurements

  • Total: 1,193/SqFt
  • Lot: 8,361/SqFt
  • Gross: 1,515/SqFt
  • Garage: 322/SqFt
  • Living: 1,193/SqFt
  • Building: 1,515/SqFt
  • Ground: 1,193/SqFt
  • Price Per Square Foot: $111.48

Legal Description

  • Description: BISHOP PARK SUBDN : UNIT #2 : LOT 4 LOT DIMENSIONS: 71 X 117.76 APPROX LOT SQ FT 8361 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: 41.777214 / -88.328545
  • 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

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

Taxes

555 Michigan Ave has 10 associated Taxes items

555 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 $79,932. The APN we've located for 555 Michigan Ave is 15-16-251-007.

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Taxes
  • Assessed Value:  $79,932
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-16-251-007
  • Assessed Land Value:  14505
  • Market Land Value:  43532
  • Tax Amount:  5342.7
  • Tax Year:  2025
  • Market Value:  239892
  • Market Year:  2025

Tax History

555 Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $79,932 Land Value $14,505 Improvement Value $65,427 Tax Amount $5,342.7 Change Rate Assessed CR Tax Rate +0.066841%
Year 2024 Assessed Value $73,071 Land Value $13,260 Improvement Value $59,811 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,289 Land Value $11,848 Improvement Value $53,441 Tax Amount $4,907.02 Change Rate +0.034804% Assessed CR Tax Rate +0.075158%
Year 2022 Assessed Value $59,570 Land Value $10,810 Improvement Value $48,760 Tax Amount $4,741.98 Change Rate +0.04938% Assessed CR Tax Rate +0.079603%
Year 2021 Assessed Value $55,460 Land Value $10,064 Improvement Value $45,396 Tax Amount $4,518.84 Change Rate -0.093931% Assessed CR Tax Rate +0.081479%
Year 2020 Assessed Value $59,274 Land Value $9,348 Improvement Value $49,926 Tax Amount $4,987.3 Change Rate +0.035367% Assessed CR Tax Rate +0.08414%
Year 2019 Assessed Value $55,261 Land Value $8,661 Improvement Value $46,600 Tax Amount $4,816.94 Change Rate +0.074699% Assessed CR Tax Rate +0.087167%
Year 2018 Assessed Value $52,509 Land Value $8,011 Improvement Value $44,498 Tax Amount $4,482.13 Change Rate -0.989628% Assessed CR Tax Rate +0.085359%
Year 2017 Assessed Value $47,988 Land Value $7,381 Improvement Value $40,607 Tax Amount $432,128.44 Change Rate +96.08723% Assessed CR Tax Rate +9.004927%
Year 2016 Assessed Value $41,899 Land Value $6,327 Improvement Value $35,572 Tax Amount $4,450.93 Change Rate Assessed CR Tax Rate +0.10623%
Year 2015 Assessed Value $35,282 Land Value $5,441 Improvement Value $29,841 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,738 Land Value $5,233 Improvement Value $27,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,440 Land Value $5,158 Improvement Value $29,282 Tax Amount Change Rate Assessed CR Tax Rate