- 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
187 N Melrose Ave; Elgin, IL Property Details
Off market
187 N Melrose Ave Elgin, IL 60123
$87,073 Estimated Value
3 Beds
2 Baths
1,065 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
187 N Melrose Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |