Taxes
- Assessed Value: $87,204
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-15-408-012
- Assessed Land Value: 15540
- Market Land Value: 46639
- Tax Amount: 6042.54
- Tax Year: 2025
- Market Value: 261717
- Market Year: 2025
16 S Melrose Ave; Elgin, IL Property Details
Off market
16 S Melrose Ave Elgin, IL 60123
$87,204 Estimated Value
3 Beds
1.5 Baths
1,248 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1928
- Purchase Price: $230,000
- Open Loans / Balance: 1 / $125,136
- Est. Equity / %: $197,864 / 61.26%
- Gross Yield: 9.236%
- APN: 06-15-408-012
- Situs County: Kane
- Length Of Ownership: 20 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Water Source: Municipal
Measurements
- Total: 1,248/SqFt
- Lot: 6,600/SqFt
- Gross: 3,009/SqFt
- Living: 1,248/SqFt
- Basement: 1,761/SqFt
- Building: 3,009/SqFt
- Ground: 1,248/SqFt
- Price Per Square Foot: $184.29
Legal Description
- Description: WASHINGTON HEIGHTS ADDN LOT 4 BLOCK 11
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: 42.03399 / -88.30853
- Subdivision: Ashington Heights Addn
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 6011
- Cooling: Yes
- Garage: Detached Garage
- Parking: 3
HOA
- H O A One Type: Planned Unit Development
Ownership Info
16 S Melrose Ave has no associated ownership info
16 S Melrose Ave has no associated ownership info.
Taxes
16 S Melrose Ave has 10 associated Taxes items
16 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 $87,204. The APN we've located for 16 S Melrose Ave is 06-15-408-012.
Unlock the full reportTax History
16 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 $87,204 | Land Value $15,540 | Improvement Value $71,664 | Tax Amount $6,042.54 | Change Rate | Assessed CR | Tax Rate +0.069292% |
| Year 2024 | Assessed Value $80,320 | Land Value $14,313 | Improvement Value $66,007 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $72,563 | Land Value $12,931 | Improvement Value $59,632 | Tax Amount $5,503.7 | Change Rate +0.054959% | Assessed CR | Tax Rate +0.075847% |
| Year 2022 | Assessed Value $66,165 | Land Value $11,791 | Improvement Value $54,374 | Tax Amount $5,216.98 | Change Rate +0.046817% | Assessed CR | Tax Rate +0.078848% |
| Year 2021 | Assessed Value $61,860 | Land Value $11,024 | Improvement Value $50,836 | Tax Amount $4,983.66 | Change Rate +0.029937% | Assessed CR | Tax Rate +0.080564% |
| Year 2020 | Assessed Value $59,055 | Land Value $10,524 | Improvement Value $48,531 | Tax Amount $4,838.8 | Change Rate +0.030945% | Assessed CR | Tax Rate +0.081937% |
| Year 2019 | Assessed Value $56,254 | Land Value $10,025 | Improvement Value $46,229 | Tax Amount $4,693.56 | Change Rate +0.022344% | Assessed CR | Tax Rate +0.083435% |
| Year 2018 | Assessed Value $52,995 | Land Value $9,444 | Improvement Value $43,551 | Tax Amount $4,590.98 | Change Rate -0.989878% | Assessed CR | Tax Rate +0.08663% |
| Year 2017 | Assessed Value $50,099 | Land Value $8,928 | Improvement Value $41,171 | Tax Amount $453,574.31 | Change Rate +90.50196% | Assessed CR | Tax Rate +9.05356% |
| Year 2016 | Assessed Value $46,479 | Land Value $8,283 | Improvement Value $38,196 | Tax Amount $4,956.99 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $42,602 | Land Value $7,592 | Improvement Value $35,010 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $42,076 | Land Value $7,498 | Improvement Value $34,578 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $43,186 | Land Value $7,696 | Improvement Value $35,490 | Tax Amount | Change Rate | Assessed CR | Tax Rate |