Taxes
- Assessed Value: $71,729
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-15-257-054
- Assessed Land Value: 23939
- Market Land Value: 71846
- Tax Amount: 4861.94
- Tax Year: 2025
- Market Value: 215273
- Market Year: 2025
197 N Melrose Ave; Elgin, IL Property Details
Off market
197 N Melrose Ave Elgin, IL 60123
$95,000 Listing Price
2 Beds
1 Baths
913 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1950
- Purchase Price: $95,000
- Open Loans / Balance: 1 / $65,492
- Est. Equity / %: $183,508 / 73.7%
- Gross Yield: 9.769%
- APN: 06-15-257-054
- Situs County: Kane
- Length Of Ownership: 13 years
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
Measurements
- Total: 913/SqFt
- Gross: 1,826/SqFt
- Living: 913/SqFt
- Basement: 913/SqFt
- Building: 1,826/SqFt
- Ground: 913/SqFt
- Price Per Square Foot: $104.05
Legal Description
- Description: THEO F SWANS SUB PART OF THE EAST 1/2 OF SEC 15-41-8 NORTH PART OF LOTS 4 & 5 DESC IN DOC 2013K059402
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: 42.038887 / -88.30788
- Subdivision: Theo F Swans Sub
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 5104
- Fireplaces: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
197 N Melrose Ave has no associated ownership info
197 N Melrose Ave has no associated ownership info.
Taxes
197 N Melrose Ave has 10 associated Taxes items
197 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 $71,729. The APN we've located for 197 N Melrose Ave is 06-15-257-054.
Unlock the full reportTax History
197 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 $71,729 | Land Value $23,939 | Improvement Value $47,790 | Tax Amount $4,861.94 | Change Rate | Assessed CR | Tax Rate +0.067782% |
| Year 2024 | Assessed Value $66,067 | Land Value $22,049 | Improvement Value $44,018 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $59,687 | Land Value $19,920 | Improvement Value $39,767 | Tax Amount $4,406.08 | Change Rate +0.049317% | Assessed CR | Tax Rate +0.07382% |
| Year 2022 | Assessed Value $54,425 | Land Value $18,164 | Improvement Value $36,261 | Tax Amount $4,199 | Change Rate +0.048612% | Assessed CR | Tax Rate +0.077152% |
| Year 2021 | Assessed Value $50,883 | Land Value $16,982 | Improvement Value $33,901 | Tax Amount $4,004.34 | Change Rate +0.031228% | Assessed CR | Tax Rate +0.078697% |
| Year 2020 | Assessed Value $48,576 | Land Value $16,212 | Improvement Value $32,364 | Tax Amount $3,883.08 | Change Rate +0.032383% | Assessed CR | Tax Rate +0.079938% |
| Year 2019 | Assessed Value $46,272 | Land Value $15,443 | Improvement Value $30,829 | Tax Amount $3,761.28 | Change Rate +0.025171% | Assessed CR | Tax Rate +0.081286% |
| Year 2018 | Assessed Value $43,591 | Land Value $14,548 | Improvement Value $29,043 | Tax Amount $3,668.93 | Change Rate -0.989869% | Assessed CR | Tax Rate +0.084167% |
| Year 2017 | Assessed Value $41,209 | Land Value $13,753 | Improvement Value $27,456 | Tax Amount $362,137.41 | Change Rate +87.81708% | Assessed CR | Tax Rate +8.787823% |
| Year 2016 | Assessed Value $38,231 | Land Value $12,759 | Improvement Value $25,472 | Tax Amount $4,077.34 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $35,042 | Land Value $11,695 | Improvement Value $23,347 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $34,610 | Land Value $11,551 | Improvement Value $23,059 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $35,523 | Land Value $11,856 | Improvement Value $23,667 | Tax Amount | Change Rate | Assessed CR | Tax Rate |