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121 S Melrose Ave; Elgin, IL Property Details

121 S Melrose Ave, Elgin, IL is a Residential General that was built in 1920. This property is currently Financed and is not for sale. Our records show that 121 S Melrose Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,546 square feet. The lot size of 121 S Melrose Ave is 6,600 square feet.

For Rent
121 S Melrose Ave Elgin, IL 60123
$99,030 Estimated Value
3 Beds
2 Baths
1,546 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $233,000
  • Est. Equity / %: $332,000 / 100%
  • Gross Yield: 9.654%
  • APN: 06-15-458-005
  • Situs County: Kane
  • Length Of Ownership: 21 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,546/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,311/SqFt
  • Living: 1,546/SqFt
  • Basement: 765/SqFt
  • Building: 2,311/SqFt
  • Price Per Square Foot: $150.71

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 12 BLOCK 32
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: 42.031277 / -88.3079
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6012
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

121 S Melrose Ave has 10 associated Taxes items

121 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 $99,030. The APN we've located for 121 S Melrose Ave is 06-15-458-005.

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Taxes
  • Assessed Value:  $99,030
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-458-005
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  7555.08
  • Tax Year:  2025
  • Market Value:  297209
  • Market Year:  2025

Tax History

121 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,030 Land Value $15,540 Improvement Value $83,490 Tax Amount $7,555.08 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $91,213 Land Value $14,313 Improvement Value $76,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $82,404 Land Value $12,931 Improvement Value $69,473 Tax Amount $7,024.56 Change Rate +0.07816% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $75,138 Land Value $11,791 Improvement Value $63,347 Tax Amount $6,515.32 Change Rate +0.039554% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $70,249 Land Value $11,024 Improvement Value $59,225 Tax Amount $6,267.42 Change Rate +0.024694% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $67,063 Land Value $10,524 Improvement Value $56,539 Tax Amount $6,116.38 Change Rate +0.025141% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $63,882 Land Value $10,025 Improvement Value $53,857 Tax Amount $5,966.38 Change Rate +0.066911% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $60,181 Land Value $9,444 Improvement Value $50,737 Tax Amount $5,592.2 Change Rate -0.989317% Assessed CR Tax Rate +0.092923%
Year 2017 Assessed Value $56,893 Land Value $8,928 Improvement Value $47,965 Tax Amount $523,453.09 Change Rate +91.98889% Assessed CR Tax Rate +9.200659%
Year 2016 Assessed Value $52,782 Land Value $8,283 Improvement Value $44,499 Tax Amount $5,629.2 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $48,379 Land Value $7,592 Improvement Value $40,787 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $47,781 Land Value $7,498 Improvement Value $40,283 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $49,042 Land Value $7,696 Improvement Value $41,346 Tax Amount Change Rate Assessed CR Tax Rate