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706 Palace St; Aurora, IL Property Details

706 Palace St, Aurora, IL is a Residential General that was built in 1921. This property is currently Financed and is not for sale. Our records show that 706 Palace St has 3 bedrooms, and 1 bathroom, and a total of 1,400 square feet. The lot size of 706 Palace St is 7,200 square feet.

Off market
706 Palace St Aurora, IL 60506
$185,200 Listing Price
3 Beds
1 Baths
1,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1921
  • Purchase Price: $185,500
  • Open Loans / Balance: 1 / $160,072
  • Est. Equity / %: $72,928 / 31.3%
  • Gross Yield: 10.316%
  • APN: 15-15-308-022
  • Situs County: Kane
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,400/SqFt
  • Lot: 7,200/SqFt
  • Gross: 2,734/SqFt
  • Garage: 400/SqFt
  • Living: 1,400/SqFt
  • Basement: 700/SqFt
  • Building: 2,500/SqFt
  • Price Per Square Foot: $132.50

Legal Description

  • Description: H H EVANS 6TH ADDN : LOT 8 BLK 4 LOT DIMENSIONS: 50 X 144 - APPROX LOT SQ FT 7200 SUBDIVISION: ILL AV-W PARK-LAKE-GRAND RANGE CODE: 001
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Aurora West Unit School District 129
  • Lat / Lon: 41.770966 / -88.31846
  • Subdivision: Ill Av-W Park-Lake-Grand
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3020
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Name: Globe Hw Co.
  • H O A One Type: Home Owner Association

Ownership Info

706 Palace St has no associated ownership info
706 Palace St has no associated ownership info.

Taxes

706 Palace St has 10 associated Taxes items

706 Palace 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 $74,780. The APN we've located for 706 Palace St is 15-15-308-022.

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Taxes
  • Assessed Value:  $74,780
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  15-15-308-022
  • Assessed Land Value:  10926
  • Market Land Value:  32791
  • Tax Amount:  5610.64
  • Tax Year:  2025
  • Market Value:  224430
  • Market Year:  2025

Tax History

706 Palace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,780 Land Value $10,926 Improvement Value $63,854 Tax Amount $5,610.64 Change Rate Assessed CR Tax Rate +0.075029%
Year 2024 Assessed Value $68,361 Land Value $9,988 Improvement Value $58,373 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,080 Land Value $8,924 Improvement Value $52,156 Tax Amount $5,289.44 Change Rate +0.059936% Assessed CR Tax Rate +0.086599%
Year 2022 Assessed Value $55,730 Land Value $8,142 Improvement Value $47,588 Tax Amount $4,990.34 Change Rate +0.039957% Assessed CR Tax Rate +0.089545%
Year 2021 Assessed Value $51,885 Land Value $7,580 Improvement Value $44,305 Tax Amount $4,798.6 Change Rate +0.049728% Assessed CR Tax Rate +0.092485%
Year 2020 Assessed Value $48,194 Land Value $7,041 Improvement Value $41,153 Tax Amount $4,571.28 Change Rate -0.015451% Assessed CR Tax Rate +0.094852%
Year 2019 Assessed Value $46,849 Land Value $6,524 Improvement Value $40,325 Tax Amount $4,643.02 Change Rate +0.068215% Assessed CR Tax Rate +0.099106%
Year 2018 Assessed Value $42,918 Land Value $6,035 Improvement Value $36,883 Tax Amount $4,346.52 Change Rate -0.9879% Assessed CR Tax Rate +0.101275%
Year 2017 Assessed Value $40,372 Land Value $5,561 Improvement Value $34,811 Tax Amount $359,210.56 Change Rate +84.24785% Assessed CR Tax Rate +8.897517%
Year 2016 Assessed Value $39,034 Land Value $5,297 Improvement Value $33,737 Tax Amount $4,213.72 Change Rate Assessed CR Tax Rate +0.10795%
Year 2015 Assessed Value $34,318 Land Value $4,555 Improvement Value $29,763 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,943 Land Value $4,186 Improvement Value $27,757 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,343 Land Value $4,126 Improvement Value $28,217 Tax Amount Change Rate Assessed CR Tax Rate