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18 N Melrose Ave; Elgin, IL Property Details

18 N Melrose Ave, Elgin, IL is a Residential General that was built in 1930. This property is currently Financed and is not for sale. Our records show that 18 N Melrose Ave has 3 bedrooms, and 1 bathroom, and a total of 1,373 square feet. The lot size of 18 N Melrose Ave is 6,600 square feet.

Off market
18 N Melrose Ave Elgin, IL 60123
$338,900 Listing Price
3 Beds
1 Baths
1,373 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $339,000
  • Open Loans / Balance: 2 / $343,799
  • Est. Equity / %: $-34,799 / -11.26%
  • Gross Yield: 11.017%
  • APN: 06-15-406-012
  • Situs County: Kane
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,373/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,296/SqFt
  • Living: 1,373/SqFt
  • Basement: 923/SqFt
  • Building: 2,296/SqFt
  • Price Per Square Foot: $246.90

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 5 BLOCK 8
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: 42.035065 / -88.30844
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6046
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

18 N Melrose Ave has no associated ownership info
18 N Melrose Ave has no associated ownership info.

Taxes

18 N Melrose Ave has 10 associated Taxes items

18 N 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 $76,794. The APN we've located for 18 N Melrose Ave is 06-15-406-012.

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Taxes
  • Assessed Value:  $76,794
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-406-012
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5858.68
  • Tax Year:  2025
  • Market Value:  230474
  • Market Year:  2025

Tax History

18 N Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,794 Land Value $15,540 Improvement Value $61,254 Tax Amount $5,858.68 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $70,732 Land Value $14,313 Improvement Value $56,419 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,901 Land Value $12,931 Improvement Value $50,970 Tax Amount $5,447.26 Change Rate +0.078153% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $58,267 Land Value $11,791 Improvement Value $46,476 Tax Amount $5,052.4 Change Rate +0.302568% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $54,476 Land Value $11,024 Improvement Value $43,452 Tax Amount $3,878.8 Change Rate +0.03714% Assessed CR Tax Rate +0.071202%
Year 2020 Assessed Value $52,006 Land Value $10,524 Improvement Value $41,482 Tax Amount $3,739.9 Change Rate +0.039029% Assessed CR Tax Rate +0.071913%
Year 2019 Assessed Value $49,539 Land Value $10,025 Improvement Value $39,514 Tax Amount $3,599.42 Change Rate +0.896828% Assessed CR Tax Rate +0.072658%
Year 2018 Assessed Value $44,132 Land Value $9,444 Improvement Value $34,688 Tax Amount $1,897.6 Change Rate -0.993994% Assessed CR Tax Rate +0.042998%
Year 2017 Assessed Value $41,721 Land Value $8,928 Improvement Value $32,793 Tax Amount $315,976.69 Change Rate +75.54493% Assessed CR Tax Rate +7.573565%
Year 2016 Assessed Value $38,706 Land Value $8,283 Improvement Value $30,423 Tax Amount $4,127.99 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,477 Land Value $7,592 Improvement Value $27,885 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,039 Land Value $7,498 Improvement Value $27,541 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,963 Land Value $7,696 Improvement Value $28,267 Tax Amount Change Rate Assessed CR Tax Rate