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161 S Melrose Ave; Elgin, IL Property Details

161 S Melrose Ave, Elgin, IL is a Residential General that was built in 2002. This property is currently Financed,Bank Sale and is not for sale. Our records show that 161 S Melrose Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,388 square feet. The lot size of 161 S Melrose Ave is 6,389 square feet.

Off market
161 S Melrose Ave Elgin, IL 60123
$258,000 Listing Price
3 Beds
2.5 Baths
2,388 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $258,000
  • Open Loans / Balance: 2 / $247,081
  • Est. Equity / %: $119,919 / 32.68%
  • Gross Yield: 10.869%
  • APN: 06-15-462-003
  • Situs County: Kane
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 2,388/SqFt
  • Lot: 6,389/SqFt
  • Gross: 3,630/SqFt
  • Living: 2,388/SqFt
  • Basement: 1,242/SqFt
  • Building: 3,630/SqFt
  • Price Per Square Foot: $108.04

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 14 BLOCK 45
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: 42.030296 / -88.307816
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6155
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Hot Water
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

161 S Melrose Ave has 10 associated Taxes items

161 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 $118,113. The APN we've located for 161 S Melrose Ave is 06-15-462-003.

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Taxes
  • Assessed Value:  $118,113
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-462-003
  • Assessed Land Value:  17038
  • Market Land Value:  51134
  • Tax Amount:  9010.92
  • Tax Year:  2025
  • Market Value:  354481
  • Market Year:  2025

Tax History

161 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,113 Land Value $17,038 Improvement Value $101,075 Tax Amount $9,010.92 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $108,790 Land Value $15,693 Improvement Value $93,097 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $98,283 Land Value $14,177 Improvement Value $84,106 Tax Amount $8,378.16 Change Rate +0.078159% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $89,617 Land Value $12,927 Improvement Value $76,690 Tax Amount $7,770.8 Change Rate +0.039552% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $83,786 Land Value $12,086 Improvement Value $71,700 Tax Amount $7,475.14 Change Rate +0.02468% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $79,987 Land Value $11,538 Improvement Value $68,449 Tax Amount $7,295.1 Change Rate +0.025143% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $76,193 Land Value $10,991 Improvement Value $65,202 Tax Amount $7,116.18 Change Rate +0.106256% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $71,778 Land Value $10,354 Improvement Value $61,424 Tax Amount $6,432.67 Change Rate -0.989889% Assessed CR Tax Rate +0.089619%
Year 2017 Assessed Value $67,856 Land Value $9,788 Improvement Value $58,068 Tax Amount $636,211.56 Change Rate +93.761345% Assessed CR Tax Rate +9.375907%
Year 2016 Assessed Value $62,952 Land Value $9,081 Improvement Value $53,871 Tax Amount $6,713.83 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $57,702 Land Value $8,324 Improvement Value $49,378 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $56,989 Land Value $8,221 Improvement Value $48,768 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $58,492 Land Value $8,438 Improvement Value $50,054 Tax Amount Change Rate Assessed CR Tax Rate