509 N Park Avenue, Aurora, IL

$159,900

Overview

  • 29035
  • Property ID
  • Updated On:
  • March 15, 2026
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1,176 ft2
  • Property Size
  • 0 ft2
  • Property Lot Size

Description

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.

Bathrooms
2
Bedrooms
4
Climate Control
Heating
Floor Area
1,000-2,000 sqft
Parking
Garage
Swimming Pool
Yes
Other Features
Asphalt
Attached
Brick
Cedar
Concrete
Concrete Perimeter
Curbs
Garage Owned
Garden
Natural Gas
None
Park
Public
Public Sewer
Ranch
Sidewalks
Street Lights
Street Paved

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$819.84
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 619.96

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Information for the property at 509 N Park Avenue, Aurora, IL, 60506 (Property ID: 29035) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.
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Sunita Kakarlapudi