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261 Morgan St; Elgin, IL Property Details

261 Morgan St, Elgin, IL is a Single Family that was built in 1893. This property is currently Financed and is not for sale. Our records show that 261 Morgan St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,536 square feet. The lot size of 261 Morgan St is 6,638 square feet.

Off market
261 Morgan St Elgin, IL 60123
$231,612 Listing Price
2 Beds
1.5 Baths
1,536 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1893
  • Purchase Price: $232,000
  • Open Loans / Balance: 2 / $212,803
  • Est. Equity / %: $86,197 / 28.83%
  • Gross Yield: 8.841%
  • APN: 06-23-281-003
  • Situs County: Kane
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,536/SqFt
  • Lot: 6,638/SqFt
  • Gross: 2,376/SqFt
  • Living: 1,536/SqFt
  • Basement: 840/SqFt
  • Building: 2,376/SqFt
  • Price Per Square Foot: $151.04

Legal Description

  • Description: J P MORGANS 3RD ADDN WEST 45 FT EAST 165 FT NORTH 1/2 LOT 2
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: 42.023857 / -88.28511
  • Subdivision: J P Morgans 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7650
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

261 Morgan St has no associated ownership info
261 Morgan St has no associated ownership info.

Taxes

261 Morgan St has 10 associated Taxes items

261 Morgan 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 $81,095. The APN we've located for 261 Morgan St is 06-23-281-003.

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Taxes
  • Assessed Value:  $81,095
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-281-003
  • Assessed Land Value:  13812
  • Market Land Value:  41453
  • Tax Amount:  5576.48
  • Tax Year:  2025
  • Market Value:  243382
  • Market Year:  2025

Tax History

261 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,095 Land Value $13,812 Improvement Value $67,283 Tax Amount $5,576.48 Change Rate Assessed CR Tax Rate +0.068765%
Year 2024 Assessed Value $74,694 Land Value $12,722 Improvement Value $61,972 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,480 Land Value $11,493 Improvement Value $55,987 Tax Amount $5,070.38 Change Rate +0.157219% Assessed CR Tax Rate +0.075139%
Year 2022 Assessed Value $61,530 Land Value $10,480 Improvement Value $51,050 Tax Amount $4,381.52 Change Rate +0.055554% Assessed CR Tax Rate +0.071209%
Year 2021 Assessed Value $57,526 Land Value $9,798 Improvement Value $47,728 Tax Amount $4,150.92 Change Rate +0.03631% Assessed CR Tax Rate +0.072157%
Year 2020 Assessed Value $54,918 Land Value $9,354 Improvement Value $45,564 Tax Amount $4,005.48 Change Rate +0.038093% Assessed CR Tax Rate +0.072936%
Year 2019 Assessed Value $52,313 Land Value $8,910 Improvement Value $43,403 Tax Amount $3,858.5 Change Rate +0.282456% Assessed CR Tax Rate +0.073758%
Year 2018 Assessed Value $48,654 Land Value $8,394 Improvement Value $40,260 Tax Amount $3,008.68 Change Rate -0.986888% Assessed CR Tax Rate +0.061838%
Year 2017 Assessed Value $33,310 Land Value $7,935 Improvement Value $25,375 Tax Amount $229,466.48 Change Rate +49.422665% Assessed CR Tax Rate +6.888817%
Year 2016 Assessed Value $42,671 Land Value $7,362 Improvement Value $35,309 Tax Amount $4,550.86 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $39,112 Land Value $6,748 Improvement Value $32,364 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,629 Land Value $6,665 Improvement Value $31,964 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,648 Land Value $6,841 Improvement Value $32,807 Tax Amount Change Rate Assessed CR Tax Rate