For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Aurora 60506 North River
263 W Illinois Avenue
$225,000
● House - Off Market

263 W Illinois Avenue

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
1 Bath
square feet
957 Ft²
$1,418
Est. Monthly
10.47%
Cap Rate

About This Property

Welcome to 263 W Illinois Ave in Aurora - a beautifully updated home just minutes from downtown and the river! Over the past five years, this home has seen thoughtful upgrades including a new stove, oven, dishwasher, kitchen flooring, and a reverse osmosis water filtration system with remineralizer. Inside, you'll love the gorgeous staircase, abundant natural light, and the charm of an enclosed porch-perfect for relaxing or entertaining. Located in a convenient and desirable area, this home combines modern comfort with timeless appeal.
Unit Size
957 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$235
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1910

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 528
  • Garage Type: 1
  • Garage Square Area: 192
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,147
  • Lot Size Depth Feet: 485
  • Lot Size Frontage Feet: 855
  • Total Building Area: 1,512
  • Gross Building Area: 1,631
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ILL AV-W PARK-LAKE-GRAND
  • Land Acres: 0000000095
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: H H EVANS 6TH ADDN W 85.50 FT LOT 6 BLK 2 LOT DIMENSIONS: 85.5 X 48.5 APPROX LOT SQ FT 4147 SUBDIVISION: ILL AV-W PARK-LAKE-GRAND RANGE CODE: 001

Neighborhood

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

Geography

  • Parcel: 15-15-310-012
  • Block: 2
  • Lot: 6
  • Municipality: AURORA
  • Latitude: 41.7709
  • Longitude: -88.3167

    Address

  • Full Address: 263 W Illinois Ave
  • Address - House Number: 263
  • Street Direction: W
  • Address - Street Name: Illinois
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C015
  • 4-Digit Zip Code: 3142
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353,556
  • Tax Rate Code Area: AU152

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 182,909
  • High Value: 213,877
  • Low Value: 151,941

    Market Valuation

  • Market Total Value: $119,871
  • Market Land Value: $14,664
  • Market Improvement Value: $105,207

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,941
  • Assessed Land Value: $4,886
  • Assessed Improvements Value: $35,055

    Sales

  • Current Sale Contract Date: Jul 29, 2005
  • Current Sale Recording Date: Aug 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005K094199
  • Previous Sale Recording Date: Jul 24, 2002
  • Previous Sale Contract Date: Jul 09, 2002
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About North River

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1020 ft²

Average Home Age

75.3 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 629 N Root Street, Aurora, IL, 60505

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 2,000 ft²
629 N Root Street #1, Aurora, IL, 60505 Listing by Moin Haque

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Ristine, Keller Williams Infinity
Data Source: MRED, MLS# MRD12408445
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 263 West Illinois Avenue built and last sold?
The property at 263 West Illinois Avenue was built in 1910 and last sold on Jul 29, 2005 for $155,000.
How much is this home worth?
The estimated value of the home located at 263 West Illinois Avenue is $0.
What are some comparable homes to 263 West Illinois Avenue?
There are currently no comparable homes to 263 West Illinois Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Aurora Homes for Sale
Aurora Houses for Sale
Aurora Condos for Sale
Aurora Townhouses for Sale
Aurora Multifamily for Sale
Aurora Land for Sale
Aurora Commercial for Sale
Aurora Homes with Basements
Nearby Cities
Naperville Homes for Sale
Plainfield Homes for Sale
Bolingbrook Homes for Sale
Downers Grove Homes for Sale
Wheaton Homes for Sale
Oswego Homes for Sale
Lombard Homes for Sale
Yorkville Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
DeKalb County, IL Property Records
Grundy County, IL Property Records
Cook County, IL Property Records
McHenry County, IL Property Records
Neighborhoods
Far Southeast Real Estate
Far East Real Estate
Eola Yards Real Estate
Edgelawn Randall Real Estate
Fox Valley Real Estate
Indian Creek Real Estate
South Farnsworth Real Estate
Blackhawk Real Estate
Nearby Counties
Lisle Homes for Sale
Naperville Homes for Sale
Milton Homes for Sale
Wheatland Homes for Sale
Bloomingdale Homes for Sale
Plainfield Homes for Sale
Du Page Homes for Sale
Oswego Homes for Sale
Top Real Estate Agents
Top Agents in North River
Top Agents in Aurora
Top Agents in Naperville
Top Agents in Lisle
Top Agents in Naperville
Top Agents in Milton
Top Agents in Wheatland
Top Agents in Bloomingdale