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116 S Chapel St; Elgin, IL Property Details

116 S Chapel St, Elgin, IL is a Residential General that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 116 S Chapel St has 8 bedrooms, and 3 bathrooms, and a total of 3,362 square feet. The lot size of 116 S Chapel St is 5,738 square feet.

Off market
116 S Chapel St #118 Elgin, IL 60120
$117,792 Estimated Value
8 Beds
3 Baths
3,362 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $127,000
  • Open Loans / Balance: 1 / $140,499
  • Est. Equity / %: $247,501 / 63.79%
  • Gross Yield: 9.476%
  • APN: 06-13-311-012
  • Situs County: Kane
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 8
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 12

Structure

  • Stories: 2
  • Exterior Wall Type: Brick
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,362/SqFt
  • Lot: 5,738/SqFt
  • Gross: 5,043/SqFt
  • Living: 3,362/SqFt
  • Basement: 1,681/SqFt
  • Building: 5,043/SqFt
  • Price Per Square Foot: $37.78

Legal Description

  • Description: MOTE & RUNGES RESUB LOT 12
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.03493 / -88.27849
  • Subdivision: Mote&Runges Resub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6507
  • Garage: Detached Garage
  • Heating: Gas
  • Parking: 1

Ownership Info

116 S Chapel St #118 has no associated ownership info
116 S Chapel St #118 has no associated ownership info.

Taxes

116 S Chapel St #118 has 10 associated Taxes items

116 S Chapel St, 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 $117,792. The APN we've located for 116 S Chapel St is 06-13-311-012.

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Taxes
  • Assessed Value:  $117,792
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-311-012
  • Assessed Land Value:  15364
  • Market Land Value:  46110
  • Tax Amount:  8986.44
  • Tax Year:  2025
  • Market Value:  353517
  • Market Year:  2025

Tax History

116 S Chapel St #118 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $117,792 Land Value $15,364 Improvement Value $102,428 Tax Amount $8,986.44 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $108,494 Land Value $14,151 Improvement Value $94,343 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $98,016 Land Value $12,784 Improvement Value $85,232 Tax Amount $8,355.4 Change Rate +0.170696% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $82,309 Land Value $11,657 Improvement Value $70,652 Tax Amount $7,137.12 Change Rate +0.03956% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $76,953 Land Value $10,898 Improvement Value $66,055 Tax Amount $6,865.52 Change Rate +0.024677% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $73,464 Land Value $10,404 Improvement Value $63,060 Tax Amount $6,700.18 Change Rate +0.025148% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $69,979 Land Value $9,910 Improvement Value $60,069 Tax Amount $6,535.82 Change Rate +0.011117% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $65,925 Land Value $9,336 Improvement Value $56,589 Tax Amount $6,463.96 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $62,323 Land Value $8,826 Improvement Value $53,497 Tax Amount $641,014.81 Change Rate +102.95284% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $57,819 Land Value $8,188 Improvement Value $49,631 Tax Amount $6,166.4 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $52,996 Land Value $7,505 Improvement Value $45,491 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $52,341 Land Value $7,412 Improvement Value $44,929 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $53,721 Land Value $7,607 Improvement Value $46,114 Tax Amount Change Rate Assessed CR Tax Rate