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254 Michigan St; Elgin, IL Property Details

254 Michigan St, Elgin, IL is a Residential General that was built in 1900. This property is currently Cash Purchase,Foreclosure,Bank Sale and is not for sale. Our records show that 254 Michigan St has 2 bedrooms, and 1 bathroom, and a total of 1,296 square feet. The lot size of 254 Michigan St is 3,485 square feet.

Off market
254 Michigan St Elgin, IL 60120
$49,469 Estimated Value
2 Beds
1 Baths
1,296 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Est. Equity / %: $242,000 / 100%
  • Gross Yield: 10.552%
  • APN: 06-13-379-013
  • Situs County: Kane
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,296/SqFt
  • Lot: 3,485/SqFt
  • Gross: 2,160/SqFt
  • Living: 1,296/SqFt
  • Basement: 864/SqFt
  • Building: 2,160/SqFt

Legal Description

  • Description: RAILROAD ADDN NORTH 49 FT LOT 10 BLOCK 2
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.032005 / -88.27737
  • Subdivision: Railroad Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6532
  • Cooling: None

Ownership Info

254 Michigan St has no associated ownership info
254 Michigan St has no associated ownership info.

Taxes

254 Michigan St has 10 associated Taxes items

254 Michigan 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 $49,469. The APN we've located for 254 Michigan St is 06-13-379-013.

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Taxes
  • Assessed Value:  $49,469
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-379-013
  • Assessed Land Value:  8331
  • Market Land Value:  25003
  • Tax Amount:  3774.02
  • Tax Year:  2025
  • Market Value:  148466
  • Market Year:  2025

Tax History

254 Michigan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,469 Land Value $8,331 Improvement Value $41,138 Tax Amount $3,774.02 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $45,564 Land Value $7,673 Improvement Value $37,891 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $41,164 Land Value $6,932 Improvement Value $34,232 Tax Amount $3,509.04 Change Rate +0.078139% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $37,535 Land Value $6,321 Improvement Value $31,214 Tax Amount $3,254.72 Change Rate +0.039548% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $35,093 Land Value $5,910 Improvement Value $29,183 Tax Amount $3,130.9 Change Rate +0.024677% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $33,502 Land Value $5,642 Improvement Value $27,860 Tax Amount $3,055.5 Change Rate +0.02517% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $31,912 Land Value $5,374 Improvement Value $26,538 Tax Amount $2,980.48 Change Rate +0.17627% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $25,629 Land Value $5,063 Improvement Value $20,566 Tax Amount $2,533.84 Change Rate -0.989832% Assessed CR Tax Rate +0.098866%
Year 2017 Assessed Value $24,228 Land Value $4,786 Improvement Value $19,442 Tax Amount $249,193.81 Change Rate +84.070854% Assessed CR Tax Rate +10.285364%
Year 2016 Assessed Value $27,466 Land Value $4,440 Improvement Value $23,026 Tax Amount $2,929.25 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,175 Land Value $4,070 Improvement Value $21,105 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,864 Land Value $4,020 Improvement Value $20,844 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,295 Land Value $4,126 Improvement Value $25,169 Tax Amount Change Rate Assessed CR Tax Rate