- 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
120 S Melrose Ave; Elgin, IL Property Details
Off market
120 S Melrose Ave Elgin, IL 60123
$80,000 Listing Price
2 Beds
2 Baths
896 SqFt
Property Type
Residential GeneralProperty 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.
Unlock the full reportTaxes
Tax History
120 S Melrose Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |