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1015 Summit St; Elgin, IL Property Details

1015 Summit St, Elgin, IL is a Retail Stores that was built in 1990. This property is currently Financed and is not for sale. Our records show that 1015 Summit St has a total of 11,548 square feet. The lot size of 1015 Summit St is 97,574 square feet.

Off market
1015 Summit St Elgin, IL 60120
$407,933 Estimated Value
11,548 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $1,000,000
  • Open Loans / Balance: 1 / $702,469
  • APN: 06-07-302-064-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years, 5 months

Measurements

  • Total: 11,548/SqFt
  • Lot: 97,574/SqFt
  • Gross: 11,548/SqFt
  • Living: 11,548/SqFt
  • Building: 11,548/SqFt
  • Price Per Square Foot: $86.60
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.045822 / -88.25355
  • Property Class: Commercial
  • County Use Code: 5-92

Amenities

  • Plus Four: 4362

Ownership Info

1015 Summit St has no associated ownership info
1015 Summit St has no associated ownership info.

Taxes

1015 Summit St has 10 associated Taxes items

1015 Summit St, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $407,933. The APN we've located for 1015 Summit St is 06-07-302-064-0000.

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Taxes
  • Assessed Value:  $407,933
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-07-302-064-0000
  • Assessed Land Value:  166257
  • Market Land Value:  665028
  • Tax Amount:  72086
  • Tax Year:  2023
  • Market Value:  1631732
  • Market Year:  2025

Tax History

1015 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $407,933 Land Value $166,257 Improvement Value $241,676 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $250,437 Land Value $233,378 Improvement Value $17,059 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $72,086 Change Rate +0.028972% Assessed CR Tax Rate
Year 2022 Assessed Value $250,437 Land Value $233,378 Improvement Value $17,059 Tax Amount $70,056.32 Change Rate -0.24188% Assessed CR Tax Rate +0.279736%
Year 2021 Assessed Value $268,168 Land Value $264,154 Improvement Value $4,014 Tax Amount $92,407.97 Change Rate +0.006331% Assessed CR Tax Rate +0.34459%
Year 2020 Assessed Value $268,168 Land Value $264,154 Improvement Value $4,014 Tax Amount $91,826.59 Change Rate +0.117197% Assessed CR Tax Rate +0.342422%
Year 2019 Assessed Value $268,168 Land Value $264,154 Improvement Value $4,014 Tax Amount $82,193.71 Change Rate +0.149741% Assessed CR Tax Rate +0.306501%
Year 2018 Assessed Value $210,410 Land Value $209,581 Improvement Value $829 Tax Amount $71,488.9 Change Rate +0.003141% Assessed CR Tax Rate +0.33976%
Year 2017 Assessed Value $210,410 Land Value $209,581 Improvement Value $829 Tax Amount $71,265.03 Change Rate +0.053427% Assessed CR Tax Rate +0.338696%
Year 2016 Assessed Value $212,292 Land Value $163,429 Improvement Value $48,863 Tax Amount $67,650.63 Change Rate -0.100425% Assessed CR Tax Rate +0.318668%
Year 2015 Assessed Value $214,049 Land Value $198,403 Improvement Value $15,646 Tax Amount $75,202.88 Change Rate +0.032484% Assessed CR Tax Rate +0.351335%
Year 2014 Assessed Value $214,049 Land Value $198,403 Improvement Value $15,646 Tax Amount $72,836.83 Change Rate -0.007908% Assessed CR Tax Rate +0.340281%
Year 2013 Assessed Value $223,075 Land Value $207,429 Improvement Value $15,646 Tax Amount $73,417.43 Change Rate Assessed CR Tax Rate +0.329115%