514 Palace St
Aurora, IL 60506
3 bd 2 ba 2,070 sqft Built 1914 Lot 8,085 sqft single_family
Most recent sale
$225,000
Aug 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 9, 2022 | Sold | $225,000 | MLS #11439402 |
| Jun 18, 2022 | Listed | $225,000 | MLS #11439402 |
| Dec 7, 2018 | Sold | $183,000 | Public Record |
| Nov 16, 2018 | Listed | $184,900 | MLS #10068973 |
| Nov 15, 2018 | Sold | $183,000 | MLS #10068973 |
| Aug 31, 2018 | Listed | $184,900 | MLS #10068973 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $99,507 | $10,441 | $109,948 | $7,649 |
| 2024 | $99,507 | $10,441 | $109,948 | $7,403 |
| 2023 | $90,965 | $9,545 | $100,510 | $7,084 |
| 2022 | $74,158 | $7,781 | $81,939 | $6,799 |
| 2021 | $63,883 | $7,244 | $71,127 | $6,023 |
| 2020 | $59,338 | $6,729 | $66,067 | $5,697 |
| 2019 | $55,290 | $6,235 | $61,525 | $5,503 |
| 2018 | $49,954 | $5,767 | $55,721 | $5,036 |
| 2017 | $37,686 | $5,314 | $43,000 | $3,867 |
| 2016 | $40,906 | $5,061 | $45,967 | $4,314 |
| 2015 | $34,414 | $4,352 | $38,766 | $3,786 |
| 2014 | $31,825 | $4,186 | $36,011 | $3,595 |
| 2013 | $32,627 | $4,126 | $36,753 | $3,574 |
| 2012 | $32,874 | $4,760 | $37,634 | $3,316 |
| 2011 | $44,151 | $8,454 | $52,605 | $4,310 |
| 2009 | $56,403 | $10,663 | $67,066 | $4,751 |
| 2008 | $55,786 | $11,865 | $67,651 | $4,809 |
| 2007 | $57,888 | $10,349 | $68,237 | $4,867 |
| 2006 | $54,294 | $9,706 | $64,000 | $4,203 |
Property facts
Year built
1914
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,070 sqft
Lot size
8,085 sqft
ZIP code
60506
City
Aurora
Street
Palace St
Coordinates
41.76770, -88.31860
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 514 Palace St last sell?
514 Palace St most recently sold on Aug 9, 2022 for $225,000.
What is the current tax assessment for 514 Palace St?
The most recent total assessment for 514 Palace St (year 2025) is $109,948 with $7,649 in property tax.
How does 514 Palace St's assessment compare to its last sale price?
The current assessment is 51.1% below the last sale price of $225,000.
When was 514 Palace St built?
514 Palace St was built in 1914.
How does 514 Palace St compare to others on Palace St?
We track 8 other properties on Palace St. Browse the list under "Other properties on Palace St" to compare beds, baths, and sale history.
What are the property facts for 514 Palace St?
514 Palace St is a 3 bed, 2 bath, 2,070 sqft, 8,085 sqft lot single_family.
Is 514 Palace St a flip candidate?
No — 514 Palace St does not appear in our flips dataset.
Is 514 Palace St a tax-appeal candidate?
No — 514 Palace St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$321.9K
2026 Q4
$324.4K
ZIP 60506 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palace St