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224 N Commonwealth Ave; Elgin, IL Property Details

224 N Commonwealth Ave, Elgin, IL is a Single Family that was built in 1906. This property is currently Financed and is not for sale. Our records show that 224 N Commonwealth Ave has 4 bedrooms, and 1 bathroom, and a total of 1,864 square feet. The lot size of 224 N Commonwealth Ave is 9,578 square feet.

Off market
224 N Commonwealth Ave Elgin, IL 60123
$112,041 Estimated Value
4 Beds
1 Baths
1,864 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1906
  • Purchase Price: $245,000
  • Est. Equity / %: $418,000 / 100%
  • Gross Yield: 8.231%
  • APN: 06-14-151-017
  • Situs County: Kane
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,864/SqFt
  • Lot: 9,578/SqFt
  • Gross: 2,703/SqFt
  • Living: 1,864/SqFt
  • Basement: 839/SqFt
  • Building: 2,703/SqFt
  • Price Per Square Foot: $131.44

Legal Description

  • Description: GEORGE E LINKFIELDS ADDN LOT 8 BLOCK 3
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: 42.03887 / -88.30094
  • Subdivision: George E Linkfields Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5211
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

224 N Commonwealth Ave has no associated ownership info
224 N Commonwealth Ave has no associated ownership info.

Taxes

224 N Commonwealth Ave has 10 associated Taxes items

224 N Commonwealth 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 $112,041. The APN we've located for 224 N Commonwealth Ave is 06-14-151-017.

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Taxes
  • Assessed Value:  $112,041
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-151-017
  • Assessed Land Value:  25184
  • Market Land Value:  75582
  • Tax Amount:  7327.04
  • Tax Year:  2025
  • Market Value:  336258
  • Market Year:  2025

Tax History

224 N Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $112,041 Land Value $25,184 Improvement Value $86,857 Tax Amount $7,327.04 Change Rate Assessed CR Tax Rate +0.065396%
Year 2024 Assessed Value $103,197 Land Value $23,196 Improvement Value $80,001 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $93,231 Land Value $20,956 Improvement Value $72,275 Tax Amount $6,583.58 Change Rate +0.025879% Assessed CR Tax Rate +0.070616%
Year 2022 Assessed Value $85,010 Land Value $19,108 Improvement Value $65,902 Tax Amount $6,417.5 Change Rate +0.050413% Assessed CR Tax Rate +0.075491%
Year 2021 Assessed Value $79,479 Land Value $17,865 Improvement Value $61,614 Tax Amount $6,109.5 Change Rate +0.032561% Assessed CR Tax Rate +0.076869%
Year 2020 Assessed Value $75,875 Land Value $17,055 Improvement Value $58,820 Tax Amount $5,916.84 Change Rate +0.033874% Assessed CR Tax Rate +0.077981%
Year 2019 Assessed Value $72,276 Land Value $16,246 Improvement Value $56,030 Tax Amount $5,722.98 Change Rate -0.017315% Assessed CR Tax Rate +0.079182%
Year 2018 Assessed Value $68,089 Land Value $15,305 Improvement Value $52,784 Tax Amount $5,823.82 Change Rate -0.990299% Assessed CR Tax Rate +0.085532%
Year 2017 Assessed Value $64,369 Land Value $14,469 Improvement Value $49,900 Tax Amount $600,346.5 Change Rate +93.26338% Assessed CR Tax Rate +9.32664%
Year 2016 Assessed Value $59,717 Land Value $13,423 Improvement Value $46,294 Tax Amount $6,368.82 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $54,736 Land Value $12,303 Improvement Value $42,433 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $54,060 Land Value $12,151 Improvement Value $41,909 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $55,486 Land Value $12,472 Improvement Value $43,014 Tax Amount Change Rate Assessed CR Tax Rate