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187 N Melrose Ave; Elgin, IL Property Details

187 N Melrose Ave, Elgin, IL is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 187 N Melrose Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,065 square feet. The lot size of 187 N Melrose Ave is 8,448 square feet.

Off market
187 N Melrose Ave Elgin, IL 60123
$87,073 Estimated Value
3 Beds
2 Baths
1,065 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $151,500
  • Open Loans / Balance: 1 / $16,211
  • Est. Equity / %: $314,789 / 95.1%
  • Gross Yield: 7.486%
  • APN: 06-15-257-002
  • Situs County: Kane
  • Length Of Ownership: 25 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,065/SqFt
  • Lot: 8,448/SqFt
  • Gross: 2,130/SqFt
  • Living: 1,065/SqFt
  • Basement: 1,065/SqFt
  • Building: 2,130/SqFt
  • Ground: 1,065/SqFt
  • Price Per Square Foot: $142.25

Legal Description

  • Description: THEO F SWANS SUB PART OF THE EAST 1/2 OF SEC 15-41-8 PART OF LOTS 4, 5, & 6 DESC IN BOOK 2576/495 BLOCK 4
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: 42.03863 / -88.30788
  • 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

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

Taxes

187 N Melrose Ave has 10 associated Taxes items

187 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 $87,073. The APN we've located for 187 N Melrose Ave is 06-15-257-002.

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Taxes
  • Assessed Value:  $87,073
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-257-002
  • Assessed Land Value:  20722
  • Market Land Value:  62191
  • Tax Amount:  6032.54
  • Tax Year:  2025
  • Market Value:  261324
  • Market Year:  2025

Tax History

187 N Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,073 Land Value $20,722 Improvement Value $66,351 Tax Amount $6,032.54 Change Rate Assessed CR Tax Rate +0.069281%
Year 2024 Assessed Value $80,200 Land Value $19,086 Improvement Value $61,114 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,455 Land Value $17,243 Improvement Value $55,212 Tax Amount $5,494.48 Change Rate +0.05491% Assessed CR Tax Rate +0.075833%
Year 2022 Assessed Value $66,067 Land Value $15,723 Improvement Value $50,344 Tax Amount $5,208.48 Change Rate +0.046834% Assessed CR Tax Rate +0.078836%
Year 2021 Assessed Value $61,768 Land Value $14,700 Improvement Value $47,068 Tax Amount $4,975.46 Change Rate +0.02995% Assessed CR Tax Rate +0.080551%
Year 2020 Assessed Value $58,967 Land Value $14,033 Improvement Value $44,934 Tax Amount $4,830.78 Change Rate +0.03098% Assessed CR Tax Rate +0.081923%
Year 2019 Assessed Value $56,169 Land Value $13,367 Improvement Value $42,802 Tax Amount $4,685.62 Change Rate +0.022354% Assessed CR Tax Rate +0.08342%
Year 2018 Assessed Value $52,915 Land Value $12,593 Improvement Value $40,322 Tax Amount $4,583.17 Change Rate -0.989878% Assessed CR Tax Rate +0.086614%
Year 2017 Assessed Value $50,024 Land Value $11,905 Improvement Value $38,119 Tax Amount $452,802.91 Change Rate +90.48421% Assessed CR Tax Rate +9.051713%
Year 2016 Assessed Value $46,409 Land Value $11,045 Improvement Value $35,364 Tax Amount $4,949.52 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,538 Land Value $10,124 Improvement Value $32,414 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,013 Land Value $9,999 Improvement Value $32,014 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,121 Land Value $10,263 Improvement Value $32,858 Tax Amount Change Rate Assessed CR Tax Rate