Bank-owned on Aurora's Near East Side

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553 North Ave, Aurora IL

Insular Chicagoans think of Aurora - or even Naperville, for that matter - as just a collection of suburban sprawl subdivisions.

Like Naperville, Aurora is a large city with a historic downtown and sharp dividing lines between parts of town. Naperville divides along North / South lines and Aurora along an East / West axis, following the meandering banks of the Fox River.

Just east of downtown Aurora, and a few blocks from the river, you'll find an area of 100-year old homes - Aurora's Near East side.

The Near East Side, home to a largely Latino community, is the subject of an ongoing planning and improvement effort that may interests buyers looking for very affordable in-town homes.

The 3-bedroom, 2-bath home at 553 North Ave pictured above is bank-owned and offered for sale at just $53,000. The listing agent's wish for a quick closing has been on the books for nearly 6 months.

06 Jun, 2011


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Source: http://www.chicagonow.com/blogs/homeward-bound-west/2011/06/bank-owned-on-auroras-near-east-side.html
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