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Aurora 60505 Southeast Aurora
555 North Avenue
$213,000
● House - Off Market

555 North Avenue

Aurora, IL 60505
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$1,293
Est. Monthly
11.21%
Cap Rate

About This Property

NEWLY REMODELED 2 BEDROOM 1 BATH NEW APPLIANCES/ NEWFLOORING THROUGHOUT /NEW BATHROOM / NEW FIXTURES FULL BASEMENT AND GARAGE CLOSE TO EVERYTHING
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 4
  • 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: 1,058
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,356
  • Gross Building Area: 2,416
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HACKNEYS ADDN
  • Land Acres: 0000000129
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HACKNEYS ADDN : W 56 FT LOT 1 & W 56 FT N : 34 FT LOT 4 BLK 7 LOT DIMENSIONS: 56 X 100 APPROX LOT SQ FT 5600 SUBDIVISION: SEC 27&34 N ASHLAND RANGE CODE: 001

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854301

Geography

  • Section: 27
  • Parcel: 15-27-253-010
  • Block: 7
  • Lot: 1,4
  • Municipality: AURORA
  • Latitude: 41.7496
  • Longitude: -88.307

    Address

  • Full Address: 555 North Ave
  • Address - House Number: 555
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Aurora
  • Carrier Code: C054
  • 4-Digit Zip Code: 4411
  • Zip Code: 60505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,954
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 195,146
  • High Value: 222,253
  • Low Value: 168,040

    Market Valuation

  • Market Total Value: $125,594
  • Market Land Value: $17,488
  • Market Improvement Value: $108,106

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,848
  • Assessed Land Value: $5,827
  • Assessed Improvements Value: $36,021

    Sales

  • Current Sale Contract Date: Nov 06, 1997
  • Current Sale Recording Date: Dec 05, 1997
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 97K084229
  • Previous Sale Recording Date: May 13, 1997
  • Previous Sale Contract Date: Apr 17, 1997
  • Previous Sale Document Type: 64
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 Southeast Aurora

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1572 ft²

Average Home Age

94.5 years

Currently For Sale

7 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 1309 Manning Avenue, Montgomery, IL, 60538

$2,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,590 ft²
1309 Manning Avenue, Montgomery, IL, 60538 Listing by Gino Picciola
Unit for rent at 1085 Symphony Drive, Aurora, IL, 60504

$2,399 /mo

  • 3 Beds
  • 1 Bath
  • 1,160 ft²
1085 Symphony Drive, Aurora, IL, 60504 Listing by Anita Saggar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Derek Hackney, Steel City Real Estate and Property Management Ser
Data Source: MRED, MLS# MRD12314989
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 555 North Avenue built and last sold?
The property at 555 North Avenue was built in 1900 and last sold on Nov 6, 1997 for $0.
How much is this home worth?
The estimated value of the home located at 555 North Avenue is $210,775.
What are some comparable homes to 555 North Avenue?
There are currently no comparable homes to 555 North Avenue.
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