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587 Declaration Ln

Aurora, IL 60502

2 bd 3 ba 1,980 sqft Built 2002 townhomes
Most recent sale
$286,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2025 Listed for rent $2,700 Avail
Jun 3, 2022 Sold $286,000 MLS #11355484
Apr 1, 2022 Listed $265,000 MLS #11355484
Dec 16, 2009 Sold $198,000 Public Record
Nov 8, 2009 Listing removed $189,000 MRED
Sep 25, 2009 Listed $189,000 MLS #07300864
Oct 13, 2008 Listing removed $214,900 MRED
Jul 8, 2008 Listed $214,900 MLS #06951691
Jul 1, 2008 Listing removed $209,900 MRED
Jun 19, 2008 Listing removed $213,900 MRED
Jun 18, 2008 Listed $209,900 MLS #06933148
Feb 23, 2008 Listed $213,900 MLS #06809140
Mar 25, 2003 Sold $182,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $73,863 $20,210 $94,073 $6,544
2022 $58,620 $16,040 $74,660 $5,757
2021 $56,530 $15,470 $72,000 $5,598
2020 $56,530 $15,470 $72,000 $5,667
2019 $53,770 $14,710 $68,480 $5,458
2018 $50,620 $13,850 $64,470 $5,164
2017 $48,900 $13,380 $62,280 $5,070
2016 $46,930 $12,840 $59,770 $4,971
2015 $44,560 $12,190 $56,750 $4,909
2014 $42,740 $11,690 $54,430 $4,825
2013 $43,040 $11,770 $54,810 $4,777
2012 $47,240 $12,910 $60,150 $5,029
2011 $50,490 $13,800 $64,290 $4,921
2010 $52,900 $14,460 $67,360 $4,886
2009 $55,100 $15,060 $70,160 $4,748
2008 $54,130 $14,790 $68,920 $4,620
2007 $51,160 $13,980 $65,140 $4,430
2006 $49,800 $13,610 $63,410 $4,409

Property facts

Year built
2002
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,980 sqft
Lot size
ZIP code
60502
City
Aurora
Street
Declaration Ln
Coordinates
41.76197, -88.25858

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,716
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 587 Declaration Ln last sell?
587 Declaration Ln most recently sold on Jun 3, 2022 for $286,000.
What is the current tax assessment for 587 Declaration Ln?
The most recent total assessment for 587 Declaration Ln (year 2024) is $94,073 with $6,544 in property tax.
How does 587 Declaration Ln's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $286,000.
When was 587 Declaration Ln built?
587 Declaration Ln was built in 2002.
How does 587 Declaration Ln compare to others on Declaration Ln?
We track 8 other properties on Declaration Ln. Browse the list under "Other properties on Declaration Ln" to compare beds, baths, and sale history.
What are the property facts for 587 Declaration Ln?
587 Declaration Ln is a 2 bed, 3 bath, 1,980 sqft townhomes.
Is 587 Declaration Ln a flip candidate?
No — 587 Declaration Ln does not appear in our flips dataset.
Is 587 Declaration Ln a tax-appeal candidate?
No — 587 Declaration Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$578.6K
2026 Q4
$595.2K
ZIP 60502 — Median Price History + Forecast

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