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640 Palace St

Aurora, IL 60506

3 bd 2 ba 1,560 sqft Built 1910 Lot 7,841 sqft single_family
Most recent sale
$250,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $250,000 MLS #11467285
Jul 18, 2022 Listed $235,000 MLS #11467285
Jan 4, 2012 Sold $70,000 Public Record
Dec 15, 2011 Sold $69,900 MRED
Sep 8, 2011 Price changed $69,900 MRED
Sep 2, 2011 Price changed $70,000 MRED
Aug 27, 2011 Price changed $72,000 MRED
Aug 20, 2011 Price changed $73,500 MRED
Aug 10, 2011 Price changed $79,900 MRED
Jul 21, 2011 Price changed $87,500 MRED
Jul 13, 2011 Price changed $89,900 MRED
Jul 4, 2011 Price changed $99,900 MRED
Jun 21, 2011 Price changed $105,000 MRED
May 26, 2011 Price changed $109,900 MRED
May 16, 2011 Price changed $121,500 MRED
Apr 30, 2011 Price changed $124,500 MRED
Apr 20, 2011 Price changed $127,500 MRED
Apr 7, 2011 Price changed $130,500 MRED
Mar 20, 2011 Listed $133,500 MRED
Jul 28, 2009 Sold $174,000 Public Record
Jul 7, 2004 Sold $161,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $79,015 $10,441 $89,456 $5,904
2023 $72,232 $9,545 $81,777 $5,634
2022 $58,886 $7,781 $66,667 $5,432
2021 $50,727 $7,244 $57,971 $4,806
2020 $47,118 $6,729 $53,847 $4,538
2019 $43,903 $6,235 $50,138 $4,374
2018 $39,667 $5,767 $45,434 $3,994
2017 $35,532 $5,314 $40,846 $3,642
2016 $33,058 $5,061 $38,119 $3,467
2015 $28,723 $4,352 $33,075 $3,128
2014 $26,561 $4,186 $30,747 $2,964
2013 $27,231 $4,126 $31,357 $2,947
2012 $29,723 $4,898 $34,621 $3,000
2011 $36,903 $8,699 $45,602 $3,663
2009 $38,894 $10,973 $49,867 $3,413
2008 $38,469 $12,210 $50,679 $3,506
2007 $38,314 $10,650 $48,964 $3,383
2006 $35,935 $9,989 $45,924 $2,915

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
7,841 sqft
ZIP code
60506
City
Aurora
Street
Palace St
Coordinates
41.77019, -88.31860

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,808
Gross rental yield
13.48%
Implied cap rate
8.76%
Trend-extrapolated value

Frequently asked questions

When did 640 Palace St last sell?
640 Palace St most recently sold on Aug 26, 2022 for $250,000.
What is the current tax assessment for 640 Palace St?
The most recent total assessment for 640 Palace St (year 2024) is $89,456 with $5,904 in property tax.
How does 640 Palace St's assessment compare to its last sale price?
The current assessment is 64.2% below the last sale price of $250,000.
When was 640 Palace St built?
640 Palace St was built in 1910.
How does 640 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 640 Palace St?
640 Palace St is a 3 bed, 2 bath, 1,560 sqft, 7,841 sqft lot single_family.
Is 640 Palace St a flip candidate?
No — 640 Palace St does not appear in our flips dataset.
Is 640 Palace St a tax-appeal candidate?
No — 640 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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