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401 Rathbone Ave, Aurora, IL 60506 Property Records

Kane County property record for 401 Rathbone Ave, Aurora, IL 60506 · Last verified July 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1900
Square Footage3,960 sqft Gross Area
Lot Size2,613 sqft (0.6 acres)
Last Sale$147,500 (2018)
Tax Bill$5,665.00 (2025)

Property Details

APN / Parcel Number

Primary APN15-28-326-020

Interior

Building Area3,960 sqft Gross Area
Basement Area1,320 sqft Basement
Stories2 Stories

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Lot Area2,613 sqft (0.6 acres)
PorchEnclosed Porch

Location & Zoning

Street Address401 RATHBONE AVE
CityAURORA
StateIL
Zip60506-5936
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionSOUTH END ADDN : LOT 5 BLK 4
Legal SubdivisionSOUTH END ADDN
Legal Block4
Legal Lot Number5
JurisdictionKANE IL
Minor Civil DivisionAURORA
Census Blockgroup2
Census Block2035
Census Tract854700

Owner

Source: Kane County records · APN 15-28-326-020

Assessment roll updated August 25, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address401 RATHBONE AVE, AURORA, IL 60506-5936
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Apr 21, 2023Deed of Trust, Mortgage
RAYMOND MERTENS
Mar 17, 2023Quit Claim Deed, Transfer
ATTORNEY ONLY, ATTORNEY
May 29, 2018Trustee's Deed, Foreclosure · Conventional Mortgage
GUARANTEED RATE INC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 29, 2018 · Amount on Record
Deed SaleMay 29, 2018 · Amount on Record
Deed Doc Number201824539
Record RefreshedSep 20, 2026

April 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANE IL
Property Address401 RATHBONE AVE, AURORA, IL 60506-5936
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000012592
DateApr 21, 2023
Instrument2023K012592
Lender
NameRAYMOND MERTENS
TypePrivate Party
Address38397 N DREXEL BLVD, ANTIOCH, IL 60002
Agreement
AmountAmount Recorded
Term57 Months
DueJan 01, 2028

March 2023: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionKANE IL
Recording DateMar 17, 2023
Property Address401 RATHBONE AVE, AURORA, IL 60506-5936
Document Number0000008355
Instrument DateJan 10, 2023
Instrument2023K008355
Transaction TypeTransfer
Record UpdatedMar 24, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Quitclaim Document
  • Interfamily Transfer
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address401 RATHBONE AVE, AURORA, IL 60506-5936

May 2018: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionKANE IL
Recording DateMay 29, 2018
Property Address401 RATHBONE AVE, AURORA, IL 60506-5936
Document Number0000024539
Instrument DateMay 14, 2018
Instrument2018K024539
Transaction TypeForeclosure
Record UpdatedJul 27, 2021
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$147.50
Amount AccuracyRounded Values by County
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
AddressIL 00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address560 OAK CREEK DR, YORKVILLE, IL 00000

Mortgage

Document Number0000024580
DateMay 29, 2018
Instrument2018K024580
Lender
NameGUARANTEED RATE INC
TypeNon-Lending Institution
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJun 01, 2048
Interest
Rate TypeFixed Rate
Rate5.37%

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated August 25, 2025 · Last verified July 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAurora City
CountyKane County
County SubdivisionAurora Township
Unified School DistrictAurora West Unit School District 129 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$5,665.00 (+12.58%)
2024$69,736 (+22.67%) Land $3,630 Building $66,106$209,292 (+22.72%) Land $10,894 Building $198,397
2022$5,032.00 (+4.07%)$56,850 (+7.41%) Land $2,959 Building $53,891$170,550 (+7.41%) Land $8,877 Building $161,673
2021$4,835.00$52,928 Land $2,755 Building $50,173$158,784 Land $8,265 Building $150,519

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