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600-602 Palace St

Aurora, IL 60506

4 bd 3 ba 3,614 sqft Built 1923 Lot 7,773 sqft multi_family
Most recent sale
$385,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $385,000 MRED
Jan 15, 2024 Price changed $385,000 MRED
Dec 11, 2023 Listed $405,000 MRED
Nov 15, 1991 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $124,582 $10,441 $135,023 $9,530
2024 $124,582 $10,441 $135,023 $9,063
2023 $111,712 $9,545 $121,257 $8,689
2022 $92,481 $7,781 $100,262 $8,440
2021 $86,101 $7,244 $93,345 $8,078
2020 $79,975 $6,729 $86,704 $7,654
2019 $74,520 $6,235 $80,755 $7,408
2018 $67,329 $5,767 $73,096 $6,795
2017 $60,310 $5,314 $65,624 $6,231
2016 $56,111 $5,061 $61,172 $5,955
2015 $48,751 $4,352 $53,103 $5,442
2014 $45,084 $4,186 $49,270 $5,183
2013 $46,220 $4,126 $50,346 $5,153
2012 $55,495 $4,898 $60,393 $5,702
2011 $68,800 $8,699 $77,499 $6,612
2009 $80,509 $10,486 $90,995 $7,014
2008 $85,547 $12,210 $97,757 $7,119
2007 $74,616 $10,650 $85,266 $6,178
2006 $69,983 $9,989 $79,972 $5,341

Property facts

Year built
1923
Property type
multi_family
Stories
Beds
4
Baths
3
Living area
3,614 sqft
Lot size
7,773 sqft
ZIP code
60506
City
Aurora
Street
Palace St
Coordinates
41.76886, -88.31859

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,310
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 600-602 Palace St last sell?
600-602 Palace St most recently sold on Apr 15, 2024 for $385,000.
What is the current tax assessment for 600-602 Palace St?
The most recent total assessment for 600-602 Palace St (year 2025) is $135,023 with $9,530 in property tax.
How does 600-602 Palace St's assessment compare to its last sale price?
The current assessment is 64.9% below the last sale price of $385,000.
When was 600-602 Palace St built?
600-602 Palace St was built in 1923.
How does 600-602 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 600-602 Palace St?
600-602 Palace St is a 4 bed, 3 bath, 3,614 sqft, 7,773 sqft lot multi_family.
Is 600-602 Palace St a flip candidate?
No — 600-602 Palace St does not appear in our flips dataset.
Is 600-602 Palace St a tax-appeal candidate?
No — 600-602 Palace St 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
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$321.9K
2026 Q4
$324.4K
ZIP 60506 — Median Price History + Forecast

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