See Home Value
$305,000
● House - Off Market

1045 Palace Street

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$1,705
Est. Monthly

About This Property

Welcome to Aurora! This bright and well maintained three bedroom, two bath ranch sits on a corner lot and offers a rare three car garage along with strong interior and exterior updates throughout. Ideally located near I 88 and just minutes from downtown Aurora, Mercy Medical Hospital, local park districts, and the Chicago Premium Outlets, this home delivers both convenience and value.  The main living areas feature new flooring and a refreshed kitchen with new cabinets, creating a clean and functional layout. Updated plumbing has been completed in the kitchen, laundry, and bathrooms, along with new tile throughout the bathrooms for a modern finish. The living room includes a fireplace that adds comfort and character.  A unique highlight is the enclosed dining room addition connecting the home to the garage, built with new concrete and ceiling, offering additional usable space for everyday living or entertaining.  Exterior improvements include a newer roof just two years old, new asphalt driveway, new gutters, and front patio pavers that enhance curb appeal and durability. The home is priced with flexibility for the solar system purchase.  Move in ready with key upgrades already completed, this is a strong opportunity in a desirable Aurora location. Schedule your showing today.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$290
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1954

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,723
  • Lot Size Depth Feet: 1,363
  • Lot Size Frontage Feet: 420
  • Total Building Area: 2,388
  • Gross Building Area: 2,505
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH LAKE MANOR
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: NORTH LAKE MANOR LOT 84 LOT DIMENSIONS: 42 X 136.26 APPROX LOT SQ FT 5723 SUBDIVISION: NORTH LAKE MANOR RANGE CODE: 001

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 852905

Geography

  • Parcel: 15-15-107-001
  • Lot: 84
  • Municipality: AURORA
  • Latitude: 41.7795
  • Longitude: -88.318

    Address

  • Full Address: 1045 Palace St
  • Address - House Number: 1045
  • Address - Street Name: Palace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Aurora
  • Carrier Code: C024
  • 4-Digit Zip Code: 2443
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,732
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 238,731
  • High Value: 259,733
  • Low Value: 217,729

    Market Valuation

  • Market Total Value: $160,315
  • Market Land Value: $19,010
  • Market Improvement Value: $141,306

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,417
  • Assessed Land Value: $6,334
  • Assessed Improvements Value: $47,083

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Price:
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2018K027705
  • Previous Sale Recording Date: Dec 24, 2002
  • Previous Sale Contract Date: Nov 04, 2002
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North River


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Nearby Rentals

Unit for rent at 371 Cedar Street, Aurora, IL, 60506

$1,800 /mo

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  • 1 Bath
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371 Cedar Street #371, Aurora, IL, 60506 Listing by Kenneth Carn
Unit for rent at 16 Riverview Street, North Aurora, IL, 60542

$1,875 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
16 Riverview Street, North Aurora, IL, 60542 Listing by Katrina Hish
Unit for rent at 810 Superior Street, Aurora, IL, 60505

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
810 Superior Street, Aurora, IL, 60505 Listing by Rebeca Recio


Frequently Asked Questions

When was property at 1045 Palace Street built and last sold?
The property at 1045 Palace Street was built in 1954 and last sold on May 3, 2018 for $120,000.
How much is this home worth?
The estimated value of the home located at 1045 Palace Street is $292,900.
What are some comparable homes to 1045 Palace Street?
There are currently no comparable homes to 1045 Palace Street.