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171 S Melrose Ave; Elgin, IL Property Details

171 S Melrose Ave, Elgin, IL is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 171 S Melrose Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,176 square feet. The lot size of 171 S Melrose Ave is 6,389 square feet.

Off market
171 S Melrose Ave Elgin, IL 60123
$73,547 Estimated Value
3 Beds
2.5 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $213,000
  • Open Loans / Balance: 2 / $127,049
  • Est. Equity / %: $202,951 / 61.5%
  • Gross Yield: 7.429%
  • APN: 06-15-462-006
  • Situs County: Kane
  • Length Of Ownership: 17 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Wood Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,176/SqFt
  • Lot: 6,389/SqFt
  • Gross: 1,968/SqFt
  • Living: 1,176/SqFt
  • Basement: 792/SqFt
  • Building: 1,968/SqFt
  • Price Per Square Foot: $181.12

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 11 BLOCK 45
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: 42.029816 / -88.307846
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6155
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

171 S Melrose Ave has 10 associated Taxes items

171 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 $73,547. The APN we've located for 171 S Melrose Ave is 06-15-462-006.

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Taxes
  • Assessed Value:  $73,547
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-462-006
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5000.64
  • Tax Year:  2025
  • Market Value:  220729
  • Market Year:  2025

Tax History

171 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,547 Land Value $15,540 Improvement Value $58,007 Tax Amount $5,000.64 Change Rate Assessed CR Tax Rate +0.067992%
Year 2024 Assessed Value $67,741 Land Value $14,313 Improvement Value $53,428 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,199 Land Value $12,931 Improvement Value $48,268 Tax Amount $4,534.96 Change Rate +0.050129% Assessed CR Tax Rate +0.074102%
Year 2022 Assessed Value $55,803 Land Value $11,791 Improvement Value $44,012 Tax Amount $4,318.48 Change Rate +0.048343% Assessed CR Tax Rate +0.077388%
Year 2021 Assessed Value $52,172 Land Value $11,024 Improvement Value $41,148 Tax Amount $4,119.34 Change Rate +0.031057% Assessed CR Tax Rate +0.078957%
Year 2020 Assessed Value $49,806 Land Value $10,524 Improvement Value $39,282 Tax Amount $3,995.26 Change Rate +0.03217% Assessed CR Tax Rate +0.080216%
Year 2019 Assessed Value $47,444 Land Value $10,025 Improvement Value $37,419 Tax Amount $3,870.74 Change Rate +0.092155% Assessed CR Tax Rate +0.081585%
Year 2018 Assessed Value $42,318 Land Value $9,444 Improvement Value $32,874 Tax Amount $3,544.13 Change Rate -0.989867% Assessed CR Tax Rate +0.08375%
Year 2017 Assessed Value $40,006 Land Value $8,928 Improvement Value $31,078 Tax Amount $349,764.12 Change Rate +87.361984% Assessed CR Tax Rate +8.742792%
Year 2016 Assessed Value $37,115 Land Value $8,283 Improvement Value $28,832 Tax Amount $3,958.31 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,019 Land Value $7,592 Improvement Value $26,427 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,599 Land Value $7,498 Improvement Value $26,101 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,486 Land Value $7,696 Improvement Value $26,790 Tax Amount Change Rate Assessed CR Tax Rate