Taxes
- Assessed Value: $379,099
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-12-304-029
- Assessed Land Value: 60304
- Market Land Value: 180984
- Tax Amount: 28921.74
- Tax Year: 2025
- Market Value: 1137752
- Market Year: 2025
224 Jefferson Ave; Elgin, IL Property Details
Off market
224 Jefferson Ave Elgin, IL 60120
$1,615,000 Listing Price
1 Beds
12 Baths
14,000 SqFt
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1920
- Purchase Price: $1,615,000
- Open Loans / Balance: 1 / $1,169,293
- Est. Equity / %: $248,707 / 17.54%
- APN: 06-12-304-029
- Situs County: Kane
- Length Of Ownership: 3 months
Rooms
- Bedrooms: 1
- Bathrooms: 12
- Full Bathrooms: 12
Structure
- Stories: 3
Measurements
- Total: 14,000/SqFt
- Lot: 10,956/SqFt
- Gross: 14,000/SqFt
- Living: 10,500/SqFt
- Basement: 3,500/SqFt
- Building: 14,000/SqFt
- Price Per Square Foot: $115.36
Legal Description
- Description: M L JOSLYNS ADDN LOT 2 (EXCEPT PART IN BOOK 1509/ 539) & ALL OF LOT 3 BLOCK 1
Building Insights
Land Information
- Property Type: Commercial Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: School District U-46
- Lat / Lon: 42.048397 / -88.281296
- Subdivision: M L Joslyns Addn
- Property Class: Vacant
- County Use Code: 0050
Amenities
- Plus Four: 3758
- Garage: Detached Garage
- Parking: 3
Ownership Info
224 Jefferson Ave has no associated ownership info
224 Jefferson Ave has no associated ownership info.
Taxes
224 Jefferson Ave has 10 associated Taxes items
224 Jefferson 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 $379,099. The APN we've located for 224 Jefferson Ave is 06-12-304-029.
Unlock the full reportTax History
224 Jefferson 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 $379,099 | Land Value $60,304 | Improvement Value $318,795 | Tax Amount $28,921.74 | Change Rate | Assessed CR | Tax Rate +0.076291% |
| Year 2024 | Assessed Value $349,175 | Land Value $55,544 | Improvement Value $293,631 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $315,453 | Land Value $50,180 | Improvement Value $265,273 | Tax Amount $26,890.86 | Change Rate +0.363205% | Assessed CR | Tax Rate +0.085245% |
| Year 2022 | Assessed Value $227,493 | Land Value $45,755 | Improvement Value $181,738 | Tax Amount $19,726.2 | Change Rate +0.039557% | Assessed CR | Tax Rate +0.086711% |
| Year 2021 | Assessed Value $212,690 | Land Value $42,778 | Improvement Value $169,912 | Tax Amount $18,975.58 | Change Rate +0.024687% | Assessed CR | Tax Rate +0.089217% |
| Year 2020 | Assessed Value $203,045 | Land Value $40,838 | Improvement Value $162,207 | Tax Amount $18,518.42 | Change Rate +0.025147% | Assessed CR | Tax Rate +0.091204% |
| Year 2019 | Assessed Value $193,413 | Land Value $38,901 | Improvement Value $154,512 | Tax Amount $18,064.16 | Change Rate -0.014587% | Assessed CR | Tax Rate +0.093397% |
| Year 2018 | Assessed Value $182,207 | Land Value $36,647 | Improvement Value $145,560 | Tax Amount $18,331.56 | Change Rate -0.99017% | Assessed CR | Tax Rate +0.100608% |
| Year 2017 | Assessed Value $181,316 | Land Value $36,468 | Improvement Value $144,848 | Tax Amount $1,864,901.25 | Change Rate +102.95323% | Assessed CR | Tax Rate +10.285365% |
| Year 2016 | Assessed Value $168,212 | Land Value $33,832 | Improvement Value $134,380 | Tax Amount $17,939.81 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $154,181 | Land Value $31,010 | Improvement Value $123,171 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $152,277 | Land Value $30,627 | Improvement Value $121,650 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $156,294 | Land Value $31,435 | Improvement Value $124,859 | Tax Amount | Change Rate | Assessed CR | Tax Rate |