$2,838 Closing Credit¹
#12342837, Lorena Raffa, Listing Office: john greene, Realtor
$249,000 List price
589 5th Ave Aurora, IL 60505
$2,957
Closing credit¹
2 beds
2 baths
House
Property details
About 589 5th Ave
This exceptional investment opportunity boasts a fully occupied two-unit property located in the heart of Aurora. This prime acquisition prospect offers ample of both private & public parking, easy accessibility, and generates streams of income right from the start!
Highlights
Home typeResidential
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
(Contingent)
BasementYes
ParkingDirect Access
MLS #12257840
Garage2 spaces
Summary
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Direct Access
- Heating: Natural Gas
- List Price: $249,000
- Annual Tax Amount: $4,077
- Tax Year: 2023
- Directions: Union street to 5th ave, west to house
- MLS Number: 12257840
- MLS Name: MRED
- Office Name: REMAX Legends
- Office Phone: (630) 216-8000
- Office Email: Frontadmin1@soldbylegends.com
- Listing Agent: Esmeralda Vargas
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$249,000
589 5th Ave
$2,957
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 15, 2022 | Home Sold | $199,000 |
| Jun 26, 2013 | Home Sold | $30,500 |
| Jul 30, 2004 | Home Sold | $130,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $54,567 | $4,077 |
| 2022 | $49,787 | $3,782 |
| 2021 | $46,352 | $3,741 |
| 2020 | $43,054 | $3,580 |
| 2019 | $39,890 | $3,535 |
| 2018 | $38,828 | $3,182 |
| 2017 | $32,455 | $3,182 |
History based on county public records data.
Nearby schools
3
John Gates Elementary School
Public District PK-5
0.4 mi
•800 7th Ave
5
C M Bardwell Elementary School
Public District KG-5
0.7 mi
•550 S Lincoln Ave
4
W S Beaupre Elementary School
Public District PK-5
0.8 mi
•954 E Benton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,763. Typical income of Aurora, IL residents is between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
32%
<35k
58%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
19%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Basketball
Soccer
Where do the neighbors shop?
Burlington
Ross Dress For Less
Books-a-Million
Where do the neighbors go to eat?
Church's Chicken
Jasons Deli
Wingstop
What do the neighbors drive?
Chevrolet
Acura
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Aurora, IL
Transportation in Aurora includes a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The community's walkability varies across different areas, with certain neighborhoods being more pedestrian-friendly. Enhancements to the transport system are ongoing, aiming to improve efficiency and accessibility for all residents.
Residents of Aurora benefit from a robust educational system, including numerous public and private schools that cater to various educational needs. The city is served by several healthcare facilities, offering a range of services from primary care to specialized treatments. Retail and dining options are plentiful, reflecting the local culture and providing residents with a variety of choices.
Aurora prides itself on a vibrant community spirit, underscored by events such as the annual Aurora Arts Festival which showcases the city's cultural vibrancy. The community's character is further enriched by its parks and recreational areas, providing residents with ample green space for leisure and activities.
The housing landscape in Aurora is diverse, with single-family homes being a significant component, complemented by a selection of apartments and townhouses. The architectural styles vary, with a noticeable presence of modern and traditional designs. The area has seen a range of development periods, with many homes dating back to the late 20th century.
About 589 5th Ave
The listing price of 589 5th Ave property is $249,000.
The property 589 5th Ave is a house located in Aurora, Illinois, 60505.
Accepting Backup Offers: 589 5th Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 589 5th Ave are: John Gates Elementary School (GreatSchools Rating 3/10), C M Bardwell Elementary School (GreatSchools Rating 5/10), W S Beaupre Elementary School (GreatSchools Rating 4/10), K D Waldo Middle School (GreatSchools Rating 2/10), Fred Rodgers Magnet Academy (GreatSchools Rating 9/10), Henry W Cowherd Middle School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 3/10), West Aurora High School (GreatSchools Rating 4/10), Waubonsie Valley High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $4,077 (source: MLS/based on county public records data).
The last sale was on June 15, 2022 for $199,000 (source: MLS/tax record).
The property at 589 5th Ave has 2 bedrooms and 2 bathrooms.
This home is located at 589 5th Ave in Aurora, IL and zip code 60505. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $249,000.
In April 2025 more than 79 listings in Aurora, IL were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 32 were sold below. The inventory of homes for sale in Aurora, IL between March and April 2025 increased by 26.5%. In April 2025, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $316,600.
From Rocket Homes Real Estate and based on county public records data.