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509 N Park Avenue Aurora, IL 60506

$159,900
New / MLS# 12592869 / Residential - Single Family / Aurora
4 Beds
2 Baths
1176 SqFt

*** ---There are multiple offers on the table, all substantially over list price, and others are forthcoming. As of 3/16,2026, none of the buyers have walked inside. (They just know it's underpriced for a quick sale.)- - - There is currently no deadline for offers, but I know the seller wants to view all offers. I believe he will make a decision after 3/23/2026 *** - - - 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.

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Baird & Warner Carrie Clements Agent Cell: 708.421.4680 Email

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Estimated Payment

$ 904.14 per month $355.33 Principal & Interest $502.17 Property Tax $46.64 Homeowner's Insurance
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Property Details

Property Type: Residential - Single Family
Basement: Unfinished, Full
Basement: Yes
Cooling: None
Garage: 1
Heating: Natural Gas
Home Style: Ranch
Lot Size: 0.20 Acres
Roof Type: Asphalt
Taxes: $6,026
Year Built: 1980

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Brick, Cedar
Lot Dimensions: 64x136
Parcel#: 1516204039
Parking: Concrete, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 6
Township: Aurora
Water: Public

Room Information

Bedroom 2: 11X10
Bedroom 3: 10X12
Bedroom 4: 10X11
Kitchen: 13X15
Living Room: 13X15
Primary Bedroom: 13X11

Schools

High School: West Aurora High School
Middle School: Herget Middle School
Elementary School: Hill Elementary School
School District: District 129

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX of Naperville

Listing Office Phone: 630-420-1220



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