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$195,500
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Property Description
*** ---There are multiple offers on the table, all substantially over list price. --HIGHEST & BEST DUE SUNDAY, 3/22 At 5pm- - - - Priced below market for quick sale. Investor special. Bring your vision, your contractor, and your imagination. This ranch home is in need of a full renovation and is priced accordingly - Offering a rare opportunity to purchase a property at roughly half the value of what renovated homes in the area are selling for. The home requires significant repairs, including a complete interior overhaul and is being sold strictly, AS-IS. For investors, rehabbers, or ambitious buyers looking to create equity through renovation, the upside here is substantial. The property sits on a residential block surrounded by established homes and offers a classic ranch layout with a full basement and one-car garage. The location adds to the long-term value. The home is situated in Aurora's west side near downtown Aurora, the Fox River corridor, and numerous parks and recreational amenities. Residents enjoy convenient access to the Fox River trails, Phillips Park, and the extensive Fox Valley Park District system, offering miles of walking and biking paths, golf, playgrounds, and outdoor recreation. Commuters benefit from quick access to Interstate 88 and the Aurora Metra station, providing direct rail service to downtown Chicago. Daily conveniences are close by with grocery stores, restaurants, shopping centers, and medical facilities all within a short drive. Downtown Aurora also offers entertainment and cultural attractions including the Paramount Theatre, RiverEdge Park concert venue, Hollywood Casino, and a growing restaurant district. Whether you're an investor looking for your next project, a contractor seeking a high-margin renovation, or a buyer willing to put in the work to build significant equity, this property represents a value opportunity that is becoming increasingly difficult to find in today's market. Serious buyers only. Cash or renovation financing recommended. Property sold strictly AS-IS.
Full Property Details
Full Property Details for 509 N Park Ave
General
- Sold For: $195,500
- Taxes: $6,026 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12592869
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Yes, Garage Owned, Attached, Garage
Location
- Area: Aurora / Eola
- County: Kane
- Driving Directions: Highland to N Park To Home.
School Information
- School District: 129
- Midd School District: 129
- Elementary School: Hill Elementary School
- Middle School: Herget Middle School
- High School: West Aurora High School
- Private School: West Aurora High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,176
- Sq. Ft. Source: Assessor
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 64 x 136
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1980
- Tax Amount: $6,026
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1516204039
Listed by RE/MAX of Naperville
Sold by Eden Properties Real Estate Group LLC
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Schools
Schools serving 509 N Park Ave
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 | 3.2 mi |
West Aurora High School 1201 West New York Street, Aurora, IL 60506 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
509 N Park Avenue, Aurora, IL 60506 (MLS# 12592869) is a Single Family property that was sold at $195,500 on April 20, 2026. Want to learn more about 509 N Park Avenue? 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.

