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114 S Melrose Ave; Elgin, IL Property Details

114 S Melrose Ave, Elgin, IL is a Single Family that was built in 1935. This property is currently Financed and is not for sale. Our records show that 114 S Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 624 square feet. The lot size of 114 S Melrose Ave is 6,600 square feet.

Off market
114 S Melrose Ave Elgin, IL 60123
$175,000 Listing Price
2 Beds
1 Baths
624 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1935
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $157,506
  • Est. Equity / %: $71,494 / 31.22%
  • Gross Yield: 11.555%
  • APN: 06-15-457-011
  • Situs County: Kane
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 624/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,248/SqFt
  • Living: 624/SqFt
  • Basement: 624/SqFt
  • Building: 1,248/SqFt
  • Ground: 624/SqFt
  • Price Per Square Foot: $280.45

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 4 BLOCK 31
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.03141 / -88.30843
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6013
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

114 S Melrose Ave has no associated ownership info
114 S Melrose Ave has no associated ownership info.

Taxes

114 S Melrose Ave has 10 associated Taxes items

114 S Melrose Ave, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $57,874. The APN we've located for 114 S Melrose Ave is 06-15-457-011.

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Taxes
  • Assessed Value:  $57,874
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-457-011
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  3804.92
  • Tax Year:  2025
  • Market Value:  173691
  • Market Year:  2025

Tax History

114 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,874 Land Value $15,540 Improvement Value $42,334 Tax Amount $3,804.92 Change Rate Assessed CR Tax Rate +0.065745%
Year 2024 Assessed Value $53,305 Land Value $14,313 Improvement Value $38,992 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $48,157 Land Value $12,931 Improvement Value $35,226 Tax Amount $3,423.2 Change Rate +0.041335% Assessed CR Tax Rate +0.071084%
Year 2022 Assessed Value $43,911 Land Value $11,791 Improvement Value $32,120 Tax Amount $3,287.32 Change Rate +0.051128% Assessed CR Tax Rate +0.074863%
Year 2021 Assessed Value $41,054 Land Value $11,024 Improvement Value $30,030 Tax Amount $3,127.42 Change Rate +0.033093% Assessed CR Tax Rate +0.076178%
Year 2020 Assessed Value $39,192 Land Value $10,524 Improvement Value $28,668 Tax Amount $3,027.24 Change Rate +0.034459% Assessed CR Tax Rate +0.077241%
Year 2019 Assessed Value $37,333 Land Value $10,025 Improvement Value $27,308 Tax Amount $2,926.4 Change Rate +0.092703% Assessed CR Tax Rate +0.078386%
Year 2018 Assessed Value $33,486 Land Value $9,444 Improvement Value $24,042 Tax Amount $2,678.13 Change Rate -0.989851% Assessed CR Tax Rate +0.079978%
Year 2017 Assessed Value $31,656 Land Value $8,928 Improvement Value $22,728 Tax Amount $263,881.31 Change Rate +83.2506% Assessed CR Tax Rate +8.335902%
Year 2016 Assessed Value $29,368 Land Value $8,283 Improvement Value $21,085 Tax Amount $3,132.1 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $26,918 Land Value $7,592 Improvement Value $19,326 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,585 Land Value $7,498 Improvement Value $19,087 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $27,286 Land Value $7,696 Improvement Value $19,590 Tax Amount Change Rate Assessed CR Tax Rate