Large Location Icon

224 2nd St; Elgin, IL Property Details

224 2nd St, Elgin, IL is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 224 2nd St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,532 square feet. The lot size of 224 2nd St is 11,792 square feet.

Off market
224 2nd St Elgin, IL 60123
$77,943 Estimated Value
3 Beds
1.5 Baths
1,532 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $173,000
  • Open Loans / Balance: 3 / $286,180
  • Est. Equity / %: $-1,180 / -0.41%
  • Gross Yield: 10.223%
  • APN: 06-21-227-016
  • Situs County: Kane
  • Length Of Ownership: 21 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Sewer Type: Septic
  • Water Source: Well

Measurements

  • Total: 1,532/SqFt
  • Lot: 11,792/SqFt
  • Gross: 2,298/SqFt
  • Living: 1,532/SqFt
  • Basement: 766/SqFt
  • Building: 2,298/SqFt
  • Price Per Square Foot: $112.92

Legal Description

  • Description: FOX RIVER HILLS MAP 1 LOT 5
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: 42.028194 / -88.32203
  • Subdivision: Fox River Hills
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5859
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

224 2nd St has no associated ownership info
224 2nd St has no associated ownership info.

Taxes

224 2nd St has 10 associated Taxes items

224 2nd 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 $77,943. The APN we've located for 224 2nd St is 06-21-227-016.

Unlock the full report
Taxes
  • Assessed Value:  $77,943
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-227-016
  • Assessed Land Value:  20722
  • Market Land Value:  62191
  • Tax Amount:  5321.28
  • Tax Year:  2025
  • Market Value:  233923
  • Market Year:  2025

Tax History

224 2nd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,943 Land Value $20,722 Improvement Value $57,221 Tax Amount $5,321.28 Change Rate Assessed CR Tax Rate +0.068271%
Year 2024 Assessed Value $71,790 Land Value $19,086 Improvement Value $52,704 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $64,857 Land Value $17,243 Improvement Value $47,614 Tax Amount $4,833.3 Change Rate +0.051975% Assessed CR Tax Rate +0.074522%
Year 2022 Assessed Value $59,139 Land Value $15,723 Improvement Value $43,416 Tax Amount $4,594.5 Change Rate +0.047777% Assessed CR Tax Rate +0.07769%
Year 2021 Assessed Value $55,291 Land Value $14,700 Improvement Value $40,591 Tax Amount $4,385 Change Rate +0.030717% Assessed CR Tax Rate +0.079308%
Year 2020 Assessed Value $52,783 Land Value $14,033 Improvement Value $38,750 Tax Amount $4,254.32 Change Rate +0.031806% Assessed CR Tax Rate +0.0806%
Year 2019 Assessed Value $50,279 Land Value $13,367 Improvement Value $36,912 Tax Amount $4,123.18 Change Rate +0.023833% Assessed CR Tax Rate +0.082006%
Year 2018 Assessed Value $47,366 Land Value $12,593 Improvement Value $34,773 Tax Amount $4,027.2 Change Rate -0.989873% Assessed CR Tax Rate +0.085023%
Year 2017 Assessed Value $44,778 Land Value $11,905 Improvement Value $32,873 Tax Amount $397,673.25 Change Rate +89.02917% Assessed CR Tax Rate +8.880996%
Year 2016 Assessed Value $41,542 Land Value $11,045 Improvement Value $30,497 Tax Amount $4,417.16 Change Rate Assessed CR Tax Rate +0.10633%
Year 2015 Assessed Value $38,077 Land Value $10,124 Improvement Value $27,953 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $37,607 Land Value $9,999 Improvement Value $27,608 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,599 Land Value $10,263 Improvement Value $28,336 Tax Amount Change Rate Assessed CR Tax Rate