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126 S Melrose Ave; Elgin, IL Property Details

126 S Melrose Ave, Elgin, IL is a Single Family that was built in 1930. This property is currently Financed and is not for sale. Our records show that 126 S Melrose Ave has 1 bedroom, and 1.5 bathrooms, and a total of 864 square feet. The lot size of 126 S Melrose Ave is 6,600 square feet.

Off market
126 S Melrose Ave Elgin, IL 60123
$62,308 Estimated Value
1 Beds
1.5 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $78,609
  • Est. Equity / %: $110,391 / 58.41%
  • Gross Yield: 11.892%
  • APN: 06-15-457-013
  • Situs County: Kane
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 864/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,728/SqFt
  • Living: 864/SqFt
  • Basement: 864/SqFt
  • Building: 1,728/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $162.04

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 6 BLOCK 31
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.03114 / -88.30847
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

126 S Melrose Ave has 10 associated Taxes items

126 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 $62,308. The APN we've located for 126 S Melrose Ave is 06-15-457-013.

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Taxes
  • Assessed Value:  $62,308
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-457-013
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  4143.2
  • Tax Year:  2025
  • Market Value:  186999
  • Market Year:  2025

Tax History

126 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $62,308 Land Value $15,540 Improvement Value $46,768 Tax Amount $4,143.2 Change Rate Assessed CR Tax Rate +0.066495%
Year 2024 Assessed Value $57,389 Land Value $14,313 Improvement Value $43,076 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,847 Land Value $12,931 Improvement Value $38,916 Tax Amount $3,737.76 Change Rate +0.04433% Assessed CR Tax Rate +0.072092%
Year 2022 Assessed Value $47,276 Land Value $11,791 Improvement Value $35,485 Tax Amount $3,579.1 Change Rate +0.050175% Assessed CR Tax Rate +0.075706%
Year 2021 Assessed Value $44,200 Land Value $11,024 Improvement Value $33,176 Tax Amount $3,408.1 Change Rate +0.032382% Assessed CR Tax Rate +0.077106%
Year 2020 Assessed Value $42,196 Land Value $10,524 Improvement Value $31,672 Tax Amount $3,301.2 Change Rate +0.03366% Assessed CR Tax Rate +0.078235%
Year 2019 Assessed Value $40,195 Land Value $10,025 Improvement Value $30,170 Tax Amount $3,193.7 Change Rate +0.091113% Assessed CR Tax Rate +0.079455%
Year 2018 Assessed Value $36,024 Land Value $9,444 Improvement Value $26,580 Tax Amount $2,927.01 Change Rate -0.989857% Assessed CR Tax Rate +0.081252%
Year 2017 Assessed Value $34,056 Land Value $8,928 Improvement Value $25,128 Tax Amount $288,566.19 Change Rate +84.63786% Assessed CR Tax Rate +8.473285%
Year 2016 Assessed Value $31,595 Land Value $8,283 Improvement Value $23,312 Tax Amount $3,369.61 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $28,960 Land Value $7,592 Improvement Value $21,368 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,602 Land Value $7,498 Improvement Value $21,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,357 Land Value $7,696 Improvement Value $21,661 Tax Amount Change Rate Assessed CR Tax Rate