Large Location Icon

205 S Melrose Ave; Elgin, IL Property Details

205 S Melrose Ave, Elgin, IL is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 205 S Melrose Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,361 square feet. The lot size of 205 S Melrose Ave is 6,600 square feet.

Off market
205 S Melrose Ave Elgin, IL 60123
$187,000 Listing Price
3 Beds
2.5 Baths
1,361 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $187,000
  • Open Loans / Balance: 2 / $172,539
  • Est. Equity / %: $120,461 / 41.11%
  • Gross Yield: 8.085%
  • APN: 06-22-204-002
  • Situs County: Kane
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,361/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,268/SqFt
  • Living: 1,361/SqFt
  • Basement: 907/SqFt
  • Building: 2,268/SqFt
  • Price Per Square Foot: $137.40

Legal Description

  • Description: SOUTH WASHINGTON HEIGHTS LOT 23 BLOCK 52
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: 42.029133 / -88.30768
  • Subdivision: South Washington Heights
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7223
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

205 S Melrose Ave has no associated ownership info
205 S Melrose Ave has no associated ownership info.

Taxes

205 S Melrose Ave has 10 associated Taxes items

205 S 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 $75,192. The APN we've located for 205 S Melrose Ave is 06-22-204-002.

Unlock the full report
Taxes
  • Assessed Value:  $75,192
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-22-204-002
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5126.12
  • Tax Year:  2025
  • Market Value:  225666
  • Market Year:  2025

Tax History

205 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,192 Land Value $15,540 Improvement Value $59,652 Tax Amount $5,126.12 Change Rate Assessed CR Tax Rate +0.068174%
Year 2024 Assessed Value $69,256 Land Value $14,313 Improvement Value $54,943 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $62,568 Land Value $12,931 Improvement Value $49,637 Tax Amount $4,651.66 Change Rate +0.050819% Assessed CR Tax Rate +0.074346%
Year 2022 Assessed Value $57,051 Land Value $11,791 Improvement Value $45,260 Tax Amount $4,426.7 Change Rate +0.048122% Assessed CR Tax Rate +0.077592%
Year 2021 Assessed Value $53,339 Land Value $11,024 Improvement Value $42,315 Tax Amount $4,223.46 Change Rate +0.030902% Assessed CR Tax Rate +0.079181%
Year 2020 Assessed Value $50,920 Land Value $10,524 Improvement Value $40,396 Tax Amount $4,096.86 Change Rate +0.049127% Assessed CR Tax Rate +0.080457%
Year 2019 Assessed Value $48,505 Land Value $10,025 Improvement Value $38,480 Tax Amount $3,905.02 Change Rate +0.086756% Assessed CR Tax Rate +0.080508%
Year 2018 Assessed Value $43,473 Land Value $9,444 Improvement Value $34,029 Tax Amount $3,593.28 Change Rate -0.989868% Assessed CR Tax Rate +0.082655%
Year 2017 Assessed Value $41,098 Land Value $8,928 Improvement Value $32,170 Tax Amount $354,639.38 Change Rate +86.213196% Assessed CR Tax Rate +8.629115%
Year 2016 Assessed Value $38,128 Land Value $8,283 Improvement Value $29,845 Tax Amount $4,066.35 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,423 Land Value $7,592 Improvement Value $26,831 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,998 Land Value $7,498 Improvement Value $26,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,895 Land Value $7,696 Improvement Value $27,199 Tax Amount Change Rate Assessed CR Tax Rate