509 N Park Avenue, Aurora, Illinois 60506
$195,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,176 |
| Cost/Sqft: | $136 |
| Beds: | 4 |
| Baths: | 2 |
| Year Built: | 1980 |
| Property Taxes: | $6,026 |
| Days On Market: | 44 |
| Lot Size: | 0,20 |
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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1980 | |
| — | |
| — | |
| No | |
| 0.2 |
| Kane | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 12592869 | |
| 1516204039 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Hill Elementary School |
129 | — | |
|
Middle School
Herget Middle School |
129 | Not in DB | |
|
High School
West Aurora High School |
129 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Apr, 2026 | Sold | $195,500 | MRED MLS |
| 24 Mar, 2026 | Under contract | $159,900 | MRED MLS |
| 15 Mar, 2026 | Listed for sale | $159,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
| — | |
| — | |
| — | |
| — | |
| 64x136 | |
| Unfinished | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $6,026 |
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Listing Provided By
RE/MAX of Naperville
