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181 N Melrose Ave; Elgin, IL Property Details

181 N Melrose Ave, Elgin, IL is a Residential General that was built in 1970. This property is currently Financed and is not for sale. Our records show that 181 N Melrose Ave has 3 bedrooms, and 1 bathroom, and a total of 978 square feet. The lot size of 181 N Melrose Ave is 6,600 square feet.

Off market
181 N Melrose Ave Elgin, IL 60123
$269,000 Listing Price
3 Beds
1 Baths
978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1970
  • Purchase Price: $269,000
  • Open Loans / Balance: 1 / $197,112
  • Est. Equity / %: $115,888 / 37.02%
  • Gross Yield: 9.83%
  • APN: 06-15-257-009
  • Situs County: Kane
  • Length Of Ownership: 2 years, 7 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 978/SqFt
  • Lot: 6,600/SqFt
  • Gross: 1,956/SqFt
  • Living: 978/SqFt
  • Basement: 978/SqFt
  • Building: 1,956/SqFt
  • Ground: 978/SqFt
  • Price Per Square Foot: $275.05

Legal Description

  • Description: THEO F SWANS SUB PART OF THE EAST 1/2 OF SEC 15-41-8 LOT 9 BLOCK 4
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: 42.038177 / -88.30786
  • Subdivision: Theo F Swans Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5104
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

181 N Melrose Ave has 10 associated Taxes items

181 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 $82,998. The APN we've located for 181 N Melrose Ave is 06-15-257-009.

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Taxes
  • Assessed Value:  $82,998
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-257-009
  • Assessed Land Value:  17593
  • Market Land Value:  52800
  • Tax Amount:  6331.98
  • Tax Year:  2025
  • Market Value:  249094
  • Market Year:  2025

Tax History

181 N Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,998 Land Value $17,593 Improvement Value $65,405 Tax Amount $6,331.98 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $76,446 Land Value $16,204 Improvement Value $60,242 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $69,063 Land Value $14,639 Improvement Value $54,424 Tax Amount $4,523.38 Change Rate +0.795976% Assessed CR Tax Rate +0.065496%
Year 2022 Assessed Value $62,973 Land Value $13,348 Improvement Value $49,625 Tax Amount $2,518.62 Change Rate -0.028085% Assessed CR Tax Rate +0.039995%
Year 2021 Assessed Value $58,875 Land Value $12,479 Improvement Value $46,396 Tax Amount $2,591.4 Change Rate -0.021781% Assessed CR Tax Rate +0.044015%
Year 2020 Assessed Value $56,205 Land Value $11,913 Improvement Value $44,292 Tax Amount $2,649.1 Change Rate -0.023481% Assessed CR Tax Rate +0.047133%
Year 2019 Assessed Value $53,539 Land Value $11,348 Improvement Value $42,191 Tax Amount $2,712.8 Change Rate -0.05532% Assessed CR Tax Rate +0.05067%
Year 2018 Assessed Value $50,438 Land Value $10,691 Improvement Value $39,747 Tax Amount $2,871.66 Change Rate -0.990388% Assessed CR Tax Rate +0.056934%
Year 2017 Assessed Value $47,682 Land Value $10,107 Improvement Value $37,575 Tax Amount $298,748.72 Change Rate +62.32414% Assessed CR Tax Rate +6.26544%
Year 2016 Assessed Value $44,236 Land Value $9,377 Improvement Value $34,859 Tax Amount $4,717.77 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $40,546 Land Value $8,595 Improvement Value $31,951 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,046 Land Value $8,489 Improvement Value $31,557 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $41,102 Land Value $8,713 Improvement Value $32,389 Tax Amount Change Rate Assessed CR Tax Rate