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585 Melrose Ave; Aurora, IL Property Details

585 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 585 Melrose Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,152 square feet. The lot size of 585 Melrose Ave is 9,975 square feet.

Off market
585 Melrose Ave Aurora, IL 60505
$173,000 Listing Price
2 Beds
1.5 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Purchase Price: $173,000
  • Open Loans / Balance: 2 / $154,319
  • Est. Equity / %: $114,681 / 42.63%
  • Gross Yield: 11.068%
  • APN: 15-34-258-024
  • Situs County: Kane
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Sewer Type: Septic
  • Water Source: Well

Measurements

  • Total: 1,152/SqFt
  • Lot: 9,975/SqFt
  • Gross: 2,304/SqFt
  • Living: 1,152/SqFt
  • Basement: 1,152/SqFt
  • Building: 2,304/SqFt
  • Ground: 1,152/SqFt
  • Price Per Square Foot: $150.17

Legal Description

  • Description: LUCKS NEW ADD : LOTS 21, 22 & 23 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: 41.73278 / -88.307175
  • Subdivision: Lucks New Add
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5747
  • Cooling: Central
  • Parking: 4

Ownership Info

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

Taxes

585 Melrose Ave has 10 associated Taxes items

585 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 $84,750. The APN we've located for 585 Melrose Ave is 15-34-258-024.

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Taxes
  • Assessed Value:  $84,750
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-34-258-024
  • Assessed Land Value:  13837
  • Market Land Value:  41528
  • Tax Amount:  4147.1
  • Tax Year:  2025
  • Market Value:  254352
  • Market Year:  2025

Tax History

585 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,750 Land Value $13,837 Improvement Value $70,913 Tax Amount $4,147.1 Change Rate Assessed CR Tax Rate +0.048933%
Year 2024 Assessed Value $79,059 Land Value $12,649 Improvement Value $66,410 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $70,639 Land Value $11,302 Improvement Value $59,337 Tax Amount $3,735.46 Change Rate +0.062134% Assessed CR Tax Rate +0.052881%
Year 2022 Assessed Value $64,452 Land Value $10,312 Improvement Value $54,140 Tax Amount $3,516.94 Change Rate +0.012891% Assessed CR Tax Rate +0.054567%
Year 2021 Assessed Value $60,006 Land Value $9,601 Improvement Value $50,405 Tax Amount $3,472.18 Change Rate +0.071323% Assessed CR Tax Rate +0.057864%
Year 2020 Assessed Value $54,776 Land Value $8,918 Improvement Value $45,858 Tax Amount $3,241.02 Change Rate +0.0178% Assessed CR Tax Rate +0.059169%
Year 2019 Assessed Value $50,752 Land Value $8,263 Improvement Value $42,489 Tax Amount $3,184.34 Change Rate +0.053148% Assessed CR Tax Rate +0.062743%
Year 2018 Assessed Value $48,165 Land Value $7,643 Improvement Value $40,522 Tax Amount $3,023.64 Change Rate -0.989556% Assessed CR Tax Rate +0.062777%
Year 2017 Assessed Value $41,430 Land Value $7,042 Improvement Value $34,388 Tax Amount $289,505.69 Change Rate +89.401596% Assessed CR Tax Rate +6.987827%
Year 2016 Assessed Value $36,027 Land Value $7,101 Improvement Value $28,926 Tax Amount $3,202.44 Change Rate Assessed CR Tax Rate +0.08889%
Year 2015 Assessed Value $31,089 Land Value $6,106 Improvement Value $24,983 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,419 Land Value $5,612 Improvement Value $22,807 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,106 Land Value $5,645 Improvement Value $23,461 Tax Amount Change Rate Assessed CR Tax Rate