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173 S Melrose Ave; Elgin, IL Property Details

173 S Melrose Ave, Elgin, IL is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 173 S Melrose Ave has 2 bedrooms, and 2 bathrooms, and a total of 936 square feet. The lot size of 173 S Melrose Ave is 6,389 square feet.

Off market
173 S Melrose Ave Elgin, IL 60123
$145,000 Listing Price
2 Beds
2 Baths
936 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1920
  • Purchase Price: $145,000
  • Open Loans / Balance: 2 / $86,489
  • Est. Equity / %: $219,511 / 71.74%
  • Gross Yield: 7.796%
  • APN: 06-15-462-007
  • Situs County: Kane
  • Length Of Ownership: 12 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 936/SqFt
  • Lot: 6,389/SqFt
  • Gross: 1,872/SqFt
  • Living: 936/SqFt
  • Basement: 936/SqFt
  • Building: 1,872/SqFt
  • Ground: 936/SqFt
  • Price Per Square Foot: $154.91

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 10 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: 42.029774 / -88.30758
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6155
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

173 S Melrose Ave has 10 associated Taxes items

173 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 $69,921. The APN we've located for 173 S Melrose Ave is 06-15-462-007.

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Taxes
  • Assessed Value:  $69,921
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-462-007
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  4724
  • Tax Year:  2025
  • Market Value:  209847
  • Market Year:  2025

Tax History

173 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,921 Land Value $15,540 Improvement Value $54,381 Tax Amount $4,724 Change Rate Assessed CR Tax Rate +0.067562%
Year 2024 Assessed Value $64,401 Land Value $14,313 Improvement Value $50,088 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,182 Land Value $12,931 Improvement Value $45,251 Tax Amount $4,277.78 Change Rate +0.048491% Assessed CR Tax Rate +0.073524%
Year 2022 Assessed Value $53,052 Land Value $11,791 Improvement Value $41,261 Tax Amount $4,079.94 Change Rate +0.048866% Assessed CR Tax Rate +0.076905%
Year 2021 Assessed Value $49,600 Land Value $11,024 Improvement Value $38,576 Tax Amount $3,889.86 Change Rate +0.031421% Assessed CR Tax Rate +0.078425%
Year 2020 Assessed Value $47,351 Land Value $10,524 Improvement Value $36,827 Tax Amount $3,771.36 Change Rate +0.032604% Assessed CR Tax Rate +0.079647%
Year 2019 Assessed Value $45,105 Land Value $10,025 Improvement Value $35,080 Tax Amount $3,652.28 Change Rate +0.088553% Assessed CR Tax Rate +0.080973%
Year 2018 Assessed Value $40,391 Land Value $9,444 Improvement Value $30,947 Tax Amount $3,355.17 Change Rate -0.989864% Assessed CR Tax Rate +0.083067%
Year 2017 Assessed Value $38,184 Land Value $8,928 Improvement Value $29,256 Tax Amount $331,024.19 Change Rate +86.61704% Assessed CR Tax Rate +8.669186%
Year 2016 Assessed Value $35,425 Land Value $8,283 Improvement Value $27,142 Tax Amount $3,778.08 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,470 Land Value $7,592 Improvement Value $24,878 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,069 Land Value $7,498 Improvement Value $24,571 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,915 Land Value $7,696 Improvement Value $25,219 Tax Amount Change Rate Assessed CR Tax Rate