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15 N Melrose Ave; Elgin, IL Property Details

15 N Melrose Ave, Elgin, IL is a Residential General that was built in 1923. This property is currently Financed and is not for sale. Our records show that 15 N Melrose Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 916 square feet. The lot size of 15 N Melrose Ave is 6,600 square feet.

Off market  •   Pre Probate ✓
15 N Melrose Ave Elgin, IL 60123
$209,000 Listing Price
2 Beds
1.5 Baths
916 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1923
  • Purchase Price: $209,000
  • Open Loans / Balance: 1 / $177,764
  • Est. Equity / %: $126,236 / 41.52%
  • Gross Yield: 7.768%
  • APN: 06-15-407-006
  • Situs County: Kane
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 916/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,832/SqFt
  • Living: 916/SqFt
  • Basement: 916/SqFt
  • Building: 1,832/SqFt
  • Ground: 916/SqFt
  • Price Per Square Foot: $228.17

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 13 BLOCK 7
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: 42.03507 / -88.307785
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6045
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

15 N Melrose Ave has no associated ownership info
15 N Melrose Ave has no associated ownership info.

Taxes

15 N Melrose Ave has 10 associated Taxes items

15 N 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 $69,610. The APN we've located for 15 N Melrose Ave is 06-15-407-006.

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Taxes
  • Assessed Value:  $69,610
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-407-006
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5310.6
  • Tax Year:  2025
  • Market Value:  208914
  • Market Year:  2025

Tax History

15 N Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,610 Land Value $15,540 Improvement Value $54,070 Tax Amount $5,310.6 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $64,115 Land Value $14,313 Improvement Value $49,802 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,923 Land Value $12,931 Improvement Value $44,992 Tax Amount $4,937.66 Change Rate +0.078153% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $52,816 Land Value $11,791 Improvement Value $41,025 Tax Amount $4,579.74 Change Rate +0.03956% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $49,379 Land Value $11,024 Improvement Value $38,355 Tax Amount $4,405.46 Change Rate +0.024683% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $47,140 Land Value $10,524 Improvement Value $36,616 Tax Amount $4,299.34 Change Rate +0.025141% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $44,904 Land Value $10,025 Improvement Value $34,879 Tax Amount $4,193.9 Change Rate +0.055276% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $40,198 Land Value $9,444 Improvement Value $30,754 Tax Amount $3,974.22 Change Rate -0.989832% Assessed CR Tax Rate +0.098866%
Year 2017 Assessed Value $38,002 Land Value $8,928 Improvement Value $29,074 Tax Amount $390,864.44 Change Rate +102.95193% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $35,256 Land Value $8,283 Improvement Value $26,973 Tax Amount $3,760.05 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,315 Land Value $7,592 Improvement Value $24,723 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,916 Land Value $7,498 Improvement Value $24,418 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,758 Land Value $7,696 Improvement Value $25,062 Tax Amount Change Rate Assessed CR Tax Rate