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221 Summit St; Elgin, IL Property Details

221 Summit St, Elgin, IL is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 221 Summit St has 4 bedrooms, and 2 bathrooms, and a total of 1,341 square feet. The lot size of 221 Summit St is 3,630 square feet.

Off market
221 Summit St Elgin, IL 60120
$71,821 Estimated Value
4 Beds
2 Baths
1,341 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $117,500
  • Est. Equity / %: $246,000 / 100%
  • Gross Yield: 9.502%
  • APN: 06-12-357-008
  • Situs County: Kane
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,341/SqFt
  • Lot: 3,630/SqFt
  • Gross: 2,235/SqFt
  • Living: 1,341/SqFt
  • Basement: 894/SqFt
  • Building: 2,235/SqFt
  • Price Per Square Foot: $87.62

Legal Description

  • Description: P J KIMBALL JRS 3RD ADDN NORTH 4 RODS WEST 55 FT EAST 132 FT LOT 3 BLOCK 22
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: 42.04625 / -88.28153
  • Subdivision: P J Kimball Jrs 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3710

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

221 Summit St has no associated ownership info
221 Summit St has no associated ownership info.

Taxes

221 Summit St has 10 associated Taxes items

221 Summit St, 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 $71,821. The APN we've located for 221 Summit St is 06-12-357-008.

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Taxes
  • Assessed Value:  $71,821
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-357-008
  • Assessed Land Value:  12085
  • Market Land Value:  36270
  • Tax Amount:  4868.96
  • Tax Year:  2025
  • Market Value:  215549
  • Market Year:  2025

Tax History

221 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,821 Land Value $12,085 Improvement Value $59,736 Tax Amount $4,868.96 Change Rate Assessed CR Tax Rate +0.067793%
Year 2024 Assessed Value $66,152 Land Value $11,131 Improvement Value $55,021 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,763 Land Value $10,056 Improvement Value $49,707 Tax Amount $4,412.56 Change Rate +0.049385% Assessed CR Tax Rate +0.073834%
Year 2022 Assessed Value $54,493 Land Value $9,169 Improvement Value $45,324 Tax Amount $4,204.9 Change Rate +0.048593% Assessed CR Tax Rate +0.077164%
Year 2021 Assessed Value $50,947 Land Value $8,572 Improvement Value $42,375 Tax Amount $4,010.04 Change Rate +0.03124% Assessed CR Tax Rate +0.07871%
Year 2020 Assessed Value $48,636 Land Value $8,183 Improvement Value $40,453 Tax Amount $3,888.56 Change Rate +0.032379% Assessed CR Tax Rate +0.079952%
Year 2019 Assessed Value $46,329 Land Value $7,795 Improvement Value $38,534 Tax Amount $3,766.6 Change Rate +0.133777% Assessed CR Tax Rate +0.081301%
Year 2018 Assessed Value $40,054 Land Value $7,343 Improvement Value $32,711 Tax Amount $3,322.17 Change Rate -0.989864% Assessed CR Tax Rate +0.082942%
Year 2017 Assessed Value $37,866 Land Value $6,942 Improvement Value $30,924 Tax Amount $327,753.44 Change Rate +86.48233% Assessed CR Tax Rate +8.655613%
Year 2016 Assessed Value $35,129 Land Value $6,440 Improvement Value $28,689 Tax Amount $3,746.51 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,199 Land Value $5,903 Improvement Value $26,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,801 Land Value $5,830 Improvement Value $25,971 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,344 Land Value $5,984 Improvement Value $31,360 Tax Amount Change Rate Assessed CR Tax Rate