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$290,000 Just Listed
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Property Description
Welcome to Aurora! This bright and well maintained three bedroom, two bath ranch sits on a corner lot and offers a rare three car garage along with strong interior and exterior updates throughout. Ideally located near I 88 and just minutes from downtown Aurora, Mercy Medical Hospital, local park districts, and the Chicago Premium Outlets, this home delivers both convenience and value. The main living areas feature new flooring and a refreshed kitchen with new cabinets, creating a clean and functional layout. Updated plumbing has been completed in the kitchen, laundry, and bathrooms, along with new tile throughout the bathrooms for a modern finish. The living room includes a fireplace that adds comfort and character. A unique highlight is the enclosed dining room addition connecting the home to the garage, built with new concrete and ceiling, offering additional usable space for everyday living or entertaining. Exterior improvements include a newer roof just two years old, new asphalt driveway, new gutters, and front patio pavers that enhance curb appeal and durability. This home also stands out with a $24,000 solar panel system designed to reduce electric costs and a $7,000 water filtration system that will remain with the property. The home is priced with flexibility for the solar system purchase. Move in ready with key upgrades already completed, this is a strong opportunity in a desirable Aurora location. Schedule your showing today.
Full Property Details
Full Property Details for 1045 Palace St
General
- Price: $290,000
- Taxes: $3,368 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12624223
- Updated: 5/6/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
- Bedrooms(Blw Grade): 1
Additional Information
- Other Features: Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Aurora / Eola
- County: Kane
- Township: Aurora
- Driving Directions: Rt 31 (Lake St) west on Lakelawn Blvd corner of Lakelawn & Palace St (1045)
School Information
- School District: 129
- Elem School District: 129
- Midd School District: 129
- High School District: 129
- High School: West Aurora High School
- Private School: West Aurora High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,000
- Sq. Ft. Source: Estimated
- Year Built: 1954
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.131
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 42 x 136.26
Green Features
- Energy Efficient: Photovoltaic/Solar System
Financial Considerations
- Assessment Year: 1954
- Tax Amount: $3,368.72
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1515107001
Listed by Realty of America, LLC
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Schools
Schools serving 1045 Palace St
School District:Aurora West Unit School District 129
| Name | Grades | Distance |
|---|---|---|
Hill Elementary School, Aurora, IL 724 Pennsylvania Avenue, Aurora, IL 60506 | K-5 | 0.6 mi |
Herget Middle School 1550 Deerpath Road, Aurora, IL 60506 | 6-8 | 3.6 mi |
West Aurora High School 1201 West New York Street, Aurora, IL 60506 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1045 Palace St
Date
Details
Price
Change
Source
4/30/2026
Listed
$290,000
141.67%
MLS
12/24/2002
Sold
$120,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1045 Palace St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,369
-22%
$65,523
12%
2023
$4,329
3%
$58,545
10%
2022
$4,197
5%
$53,417
7%
2021
$3,996
—
$49,732
8%
2021
$3,996
—
$46,193
-1%
2019
$3,984
-1%
$46,746
16%
2018
$4,023
3%
$40,296
7%
2017
$3,891
4%
$37,810
7%
2016
$3,737
4%
$35,179
11%
2015
$3,607
4%
$31,743
7%
2014
$3,482
13%
$29,535
10%
2013
$3,078
—
$26,925
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1045 Palace St
1045 Palace Street, Aurora, IL 60506 (MLS# 12624223) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1045 Palace Street is currently listed for $290,000 and was received on April 30, 2026. Want to learn more about 1045 Palace Street? Do you have questions about finding other Single Family real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

