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120 S Melrose Ave; Elgin, IL Property Details

120 S Melrose Ave, Elgin, IL is a Residential General that was built in 1950. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 120 S Melrose Ave has 2 bedrooms, and 2 bathrooms, and a total of 896 square feet. The lot size of 120 S Melrose Ave is 6,600 square feet.

Off market
120 S Melrose Ave Elgin, IL 60123
$80,000 Listing Price
2 Beds
2 Baths
896 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1950
  • Purchase Price: $80,000
  • Open Loans / Balance: 1 / $93,193
  • Est. Equity / %: $145,807 / 61.01%
  • Gross Yield: 10.002%
  • APN: 06-15-457-012
  • Situs County: Kane
  • Length Of Ownership: 10 years, 6 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 896/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,792/SqFt
  • Living: 896/SqFt
  • Basement: 896/SqFt
  • Building: 1,792/SqFt
  • Ground: 896/SqFt
  • Price Per Square Foot: $89.29

Legal Description

  • Description: WASHINGTON HEIGHTS ADD LOT 5 BLK 31
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: 42.031265 / -88.30846
  • Subdivision: Washington Heights
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6013
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

120 S Melrose Ave has 10 associated Taxes items

120 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 $71,953. The APN we've located for 120 S Melrose Ave is 06-15-457-012.

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Taxes
  • Assessed Value:  $71,953
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-457-012
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5489.34
  • Tax Year:  2025
  • Market Value:  215945
  • Market Year:  2025

Tax History

120 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,953 Land Value $15,540 Improvement Value $56,413 Tax Amount $5,489.34 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $66,273 Land Value $14,313 Improvement Value $51,960 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,873 Land Value $12,931 Improvement Value $46,942 Tax Amount $5,103.9 Change Rate +0.078155% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $54,594 Land Value $11,791 Improvement Value $42,803 Tax Amount $4,733.92 Change Rate +0.039549% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $51,042 Land Value $11,024 Improvement Value $40,018 Tax Amount $4,553.82 Change Rate +0.024694% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $48,727 Land Value $10,524 Improvement Value $38,203 Tax Amount $4,444.08 Change Rate +0.025139% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $46,416 Land Value $10,025 Improvement Value $36,391 Tax Amount $4,335.1 Change Rate +0.067406% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $41,421 Land Value $9,444 Improvement Value $31,977 Tax Amount $4,061.34 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $39,158 Land Value $8,928 Improvement Value $30,230 Tax Amount $402,754.31 Change Rate +102.95323% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $36,328 Land Value $8,283 Improvement Value $28,045 Tax Amount $3,874.38 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $33,298 Land Value $7,592 Improvement Value $25,706 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,887 Land Value $7,498 Improvement Value $25,389 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,755 Land Value $7,696 Improvement Value $26,059 Tax Amount Change Rate Assessed CR Tax Rate