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556 Gates St; Aurora, IL Property Details

556 Gates St, Aurora, IL is a Single Family that was built in 1955. This property is currently a cash purchase and is not for sale. Our records show that 556 Gates St has 2 bedrooms, and 1 bathroom, and a total of 1,232 square feet. The lot size of 556 Gates St is 6,734 square feet.

Off market
556 Gates St Aurora, IL 60505
$139,000 Listing Price
2 Beds
1 Baths
1,232 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $139,000
  • Open Loans / Balance: 1 / $113,520
  • Est. Equity / %: $166,480 / 59.46%
  • Gross Yield: 11.383%
  • APN: 15-27-429-002
  • Situs County: Kane
  • Length Of Ownership: 9 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,232/SqFt
  • Lot: 6,734/SqFt
  • Gross: 2,820/SqFt
  • Garage: 616/SqFt
  • Living: 1,232/SqFt
  • Basement: 972/SqFt
  • Building: 2,820/SqFt
  • Ground: 1,232/SqFt
  • Price Per Square Foot: $112.82

Legal Description

  • Description: GATES RESUBDN PT LOT 52 SEC 26 & PT LOT 1 BLK 11
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: 41.743904 / -88.30096
  • Subdivision: Gates Resubdn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4859
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

556 Gates St has 10 associated Taxes items

556 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 $68,227. The APN we've located for 556 Gates St is 15-27-429-002.

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Taxes
  • Assessed Value:  $68,227
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-27-429-002
  • Assessed Land Value:  7957
  • Market Land Value:  23881
  • Tax Amount:  3933.5
  • Tax Year:  2025
  • Market Value:  204763
  • Market Year:  2025

Tax History

556 Gates St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,227 Land Value $7,957 Improvement Value $60,270 Tax Amount $3,933.5 Change Rate Assessed CR Tax Rate +0.057653%
Year 2024 Assessed Value $62,370 Land Value $7,274 Improvement Value $55,096 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $55,727 Land Value $6,499 Improvement Value $49,228 Tax Amount $3,566.58 Change Rate +0.046741% Assessed CR Tax Rate +0.064001%
Year 2022 Assessed Value $50,846 Land Value $5,930 Improvement Value $44,916 Tax Amount $3,407.32 Change Rate +0.021012% Assessed CR Tax Rate +0.067013%
Year 2021 Assessed Value $47,338 Land Value $5,521 Improvement Value $41,817 Tax Amount $3,337.2 Change Rate +0.056832% Assessed CR Tax Rate +0.070497%
Year 2020 Assessed Value $43,970 Land Value $5,128 Improvement Value $38,842 Tax Amount $3,157.74 Change Rate +0.03157% Assessed CR Tax Rate +0.071816%
Year 2019 Assessed Value $40,739 Land Value $4,751 Improvement Value $35,988 Tax Amount $3,061.1 Change Rate +0.155525% Assessed CR Tax Rate +0.075139%
Year 2018 Assessed Value $37,670 Land Value $4,395 Improvement Value $33,275 Tax Amount $2,649.1 Change Rate -0.991178% Assessed CR Tax Rate +0.070324%
Year 2017 Assessed Value $30,620 Land Value $4,050 Improvement Value $26,570 Tax Amount $300,281.03 Change Rate +105.082756% Assessed CR Tax Rate +9.806696%
Year 2016 Assessed Value $26,902 Land Value $3,472 Improvement Value $23,430 Tax Amount $2,830.63 Change Rate Assessed CR Tax Rate +0.10522%
Year 2015 Assessed Value $23,956 Land Value $2,986 Improvement Value $20,970 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,746 Land Value $2,744 Improvement Value $22,002 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $30,528 Land Value $2,760 Improvement Value $27,768 Tax Amount Change Rate Assessed CR Tax Rate