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162 Summit St; Elgin, IL Property Details

162 Summit St, Elgin, IL is a Residential General that was built in 1885. This property is currently a cash purchase and is not for sale. Our records show that 162 Summit St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,224 square feet. The lot size of 162 Summit St is 4,356 square feet.

For Rent
162 Summit St Elgin, IL 60120
$69,340 Estimated Value
3 Beds
1.5 Baths
1,224 SqFt
Property Type
Residential General
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1885
  • Purchase Price: $151,000
  • Est. Equity / %: $277,000 / 100%
  • Gross Yield: 10.064%
  • APN: 06-11-481-007
  • Situs County: Kane
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,224/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,077/SqFt
  • Living: 1,224/SqFt
  • Basement: 853/SqFt
  • Building: 2,077/SqFt
  • Price Per Square Foot: $123.37

Legal Description

  • Description: P J KIMBALL JRS 3RD ADDN COUNTY CLERKS SUB E LOT 1 BLOCK 34
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: 42.046658 / -88.28327
  • Subdivision: County Clerks Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4194
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One: $2
  • H O A Amount: $2
  • H O A One Type: Planned Unit Development

Ownership Info

162 Summit St has no associated ownership info
162 Summit St has no associated ownership info.

Taxes

162 Summit St has 10 associated Taxes items

162 Summit St, 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 $69,340. The APN we've located for 162 Summit St is 06-11-481-007.

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Taxes
  • Assessed Value:  $69,340
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-11-481-007
  • Assessed Land Value:  9540
  • Market Land Value:  28631
  • Tax Amount:  5290
  • Tax Year:  2025
  • Market Value:  208103
  • Market Year:  2025

Tax History

162 Summit St has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,340 Land Value $9,540 Improvement Value $59,800 Tax Amount $5,290 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $63,867 Land Value $8,787 Improvement Value $55,080 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,401 Land Value $7,938 Improvement Value $52,463 Tax Amount $5,148.9 Change Rate +0.078164% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $55,075 Land Value $7,238 Improvement Value $47,837 Tax Amount $4,775.62 Change Rate +0.039561% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $51,491 Land Value $6,767 Improvement Value $44,724 Tax Amount $4,593.88 Change Rate +0.068896% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $47,123 Land Value $6,460 Improvement Value $40,663 Tax Amount $4,297.78 Change Rate +0.025136% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $44,888 Land Value $6,154 Improvement Value $38,734 Tax Amount $4,192.4 Change Rate +1.045213% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $37,275 Land Value $5,797 Improvement Value $31,478 Tax Amount $2,049.86 Change Rate -0.993184% Assessed CR Tax Rate +0.054993%
Year 2017 Assessed Value $35,238 Land Value $5,480 Improvement Value $29,758 Tax Amount $300,723.5 Change Rate +85.25369% Assessed CR Tax Rate +8.534068%
Year 2016 Assessed Value $32,691 Land Value $5,084 Improvement Value $27,607 Tax Amount $3,486.5 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $29,964 Land Value $4,660 Improvement Value $25,304 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,594 Land Value $4,602 Improvement Value $24,992 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,901 Land Value $4,723 Improvement Value $30,178 Tax Amount Change Rate Assessed CR Tax Rate
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