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1162 Preston Ave; Elgin, IL Property Details

1162 Preston Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 1162 Preston Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,880 square feet. The lot size of 1162 Preston Ave is 7,600 square feet.

Off market
1162 Preston Ave Elgin, IL 60120
$288,000 Listing Price
4 Beds
2 Baths
1,880 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $283,000
  • Open Loans / Balance: 1 / $256,000
  • Est. Equity / %: $34,000 / 11.72%
  • Gross Yield: 8.011%
  • APN: 06-12-227-011
  • Situs County: Kane
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,880/SqFt
  • Lot: 7,600/SqFt
  • Gross: 2,497/SqFt
  • Living: 1,880/SqFt
  • Basement: 617/SqFt
  • Building: 2,497/SqFt
  • Price Per Square Foot: $150.53

Legal Description

  • Description: LUDLOWS ADDN LOT 8 BLOCK 2
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: 42.05831 / -88.265884
  • Subdivision: Ludlows Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2491
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One: $683
  • H O A Amount: $683
  • H O A One Frequency: Monthly
  • H O A One Name: Shoe Factory Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

1162 Preston Ave has no associated ownership info
1162 Preston Ave has no associated ownership info.

Taxes

1162 Preston Ave has 10 associated Taxes items

1162 Preston 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 $78,337. The APN we've located for 1162 Preston Ave is 06-12-227-011.

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Taxes
  • Assessed Value:  $78,337
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-227-011
  • Assessed Land Value:  17296
  • Market Land Value:  51909
  • Tax Amount:  5976.38
  • Tax Year:  2025
  • Market Value:  235105
  • Market Year:  2025

Tax History

1162 Preston Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,337 Land Value $17,296 Improvement Value $61,041 Tax Amount $5,976.38 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $72,154 Land Value $15,931 Improvement Value $56,223 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,185 Land Value $14,392 Improvement Value $50,793 Tax Amount $4,874.76 Change Rate +0.14202% Assessed CR Tax Rate +0.074783%
Year 2022 Assessed Value $55,227 Land Value $13,123 Improvement Value $42,104 Tax Amount $4,268.54 Change Rate +0.048462% Assessed CR Tax Rate +0.077291%
Year 2021 Assessed Value $51,633 Land Value $12,269 Improvement Value $39,364 Tax Amount $4,071.24 Change Rate +0.031117% Assessed CR Tax Rate +0.07885%
Year 2020 Assessed Value $49,292 Land Value $11,713 Improvement Value $37,579 Tax Amount $3,948.38 Change Rate +0.032289% Assessed CR Tax Rate +0.080102%
Year 2019 Assessed Value $46,953 Land Value $11,157 Improvement Value $35,796 Tax Amount $3,824.88 Change Rate +0.024918% Assessed CR Tax Rate +0.081462%
Year 2018 Assessed Value $44,233 Land Value $10,511 Improvement Value $33,722 Tax Amount $3,731.89 Change Rate -0.989869% Assessed CR Tax Rate +0.084369%
Year 2017 Assessed Value $41,816 Land Value $9,937 Improvement Value $31,879 Tax Amount $368,380.62 Change Rate +88.03717% Assessed CR Tax Rate +8.809561%
Year 2016 Assessed Value $38,794 Land Value $9,219 Improvement Value $29,575 Tax Amount $4,137.38 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,558 Land Value $8,450 Improvement Value $27,108 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,119 Land Value $8,346 Improvement Value $26,773 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,045 Land Value $8,566 Improvement Value $27,479 Tax Amount Change Rate Assessed CR Tax Rate