Large Location Icon

561 Melrose Ave; Aurora, IL Property Details

561 Melrose Ave, Aurora, IL is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 561 Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 918 square feet. The lot size of 561 Melrose Ave is 9,975 square feet.

Off market
561 Melrose Ave Aurora, IL 60505
$155,000 Listing Price
2 Beds
1 Baths
918 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $155,000
  • Open Loans / Balance: 1 / $126,410
  • Est. Equity / %: $131,590 / 51%
  • Gross Yield: 10.293%
  • APN: 15-34-258-015
  • Situs County: Kane
  • Length Of Ownership: 9 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 918/SqFt
  • Lot: 9,975/SqFt
  • Gross: 2,320/SqFt
  • Garage: 484/SqFt
  • Living: 918/SqFt
  • Basement: 918/SqFt
  • Building: 2,320/SqFt
  • Ground: 918/SqFt
  • Price Per Square Foot: $168.85

Legal Description

  • Description: LUCKS NEW ADD : LOTS 1, 2 & 3 BLK 7 & PT VAC ALLEY
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: 41.732746 / -88.30756
  • Subdivision: Lucks New Add
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5747
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

561 Melrose Ave has no associated ownership info
561 Melrose Ave has no associated ownership info.

Taxes

561 Melrose Ave has 10 associated Taxes items

561 Melrose 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 $72,066. The APN we've located for 561 Melrose Ave is 15-34-258-015.

Unlock the full report
Taxes
  • Assessed Value:  $72,066
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-34-258-015
  • Assessed Land Value:  13837
  • Market Land Value:  41528
  • Tax Amount:  3461.72
  • Tax Year:  2025
  • Market Value:  216285
  • Market Year:  2025

Tax History

561 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,066 Land Value $13,837 Improvement Value $58,229 Tax Amount $3,461.72 Change Rate Assessed CR Tax Rate +0.048035%
Year 2024 Assessed Value $67,181 Land Value $12,649 Improvement Value $54,532 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,026 Land Value $11,302 Improvement Value $48,724 Tax Amount $3,102.56 Change Rate +0.057357% Assessed CR Tax Rate +0.051687%
Year 2022 Assessed Value $54,768 Land Value $10,312 Improvement Value $44,456 Tax Amount $2,934.26 Change Rate +0.01443% Assessed CR Tax Rate +0.053576%
Year 2021 Assessed Value $50,990 Land Value $9,601 Improvement Value $41,389 Tax Amount $2,892.52 Change Rate -0.014621% Assessed CR Tax Rate +0.056727%
Year 2020 Assessed Value $50,177 Land Value $8,918 Improvement Value $41,259 Tax Amount $2,935.44 Change Rate +0.018847% Assessed CR Tax Rate +0.058502%
Year 2019 Assessed Value $46,491 Land Value $8,263 Improvement Value $38,228 Tax Amount $2,881.14 Change Rate -0.020117% Assessed CR Tax Rate +0.061972%
Year 2018 Assessed Value $44,100 Land Value $7,643 Improvement Value $36,457 Tax Amount $2,940.29 Change Rate -0.990303% Assessed CR Tax Rate +0.066673%
Year 2017 Assessed Value $37,109 Land Value $7,042 Improvement Value $30,067 Tax Amount $303,225.12 Change Rate +102.13324% Assessed CR Tax Rate +8.171202%
Year 2016 Assessed Value $33,076 Land Value $7,101 Improvement Value $25,975 Tax Amount $2,940.13 Change Rate Assessed CR Tax Rate +0.08889%
Year 2015 Assessed Value $28,540 Land Value $6,106 Improvement Value $22,434 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,290 Land Value $5,612 Improvement Value $20,678 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $26,915 Land Value $5,645 Improvement Value $21,270 Tax Amount Change Rate Assessed CR Tax Rate