Large Location Icon

262 Summit St; Elgin, IL Property Details

262 Summit St, Elgin, IL is a Residential General that was built in 1918. This property is not for sale. Our records show that 262 Summit St has 3 bedrooms, and 1 bathroom, and a total of 1,031 square feet. The lot size of 262 Summit St is 4,356 square feet.

Off market
262 Summit St Elgin, IL 60120
$59,722 Estimated Value
3 Beds
1 Baths
1,031 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1918
  • Open Loans / Balance: 1 / $54,725
  • Est. Equity / %: $196,275 / 78.2%
  • Gross Yield: 8.52%
  • APN: 06-12-355-010
  • Situs County: Kane

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,031/SqFt
  • Lot: 4,356/SqFt
  • Gross: 1,922/SqFt
  • Living: 1,031/SqFt
  • Basement: 891/SqFt
  • Building: 1,922/SqFt
  • Ground: 1,031/SqFt

Legal Description

  • Description: WM H WILCOXS SUB BLOCK 30 P J KIMBALL JRS 3RD ADDN WEST 33 FT LOT 10
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: 42.046715 / -88.28039
  • Subdivision: Wm H Wilcoxs Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3737
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

262 Summit St has no associated ownership info
262 Summit St has no associated ownership info.

Taxes

262 Summit St has 10 associated Taxes items

262 Summit 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 $59,722. The APN we've located for 262 Summit St is 06-12-355-010.

Unlock the full report
Taxes
  • Assessed Value:  $59,722
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-355-010
  • Assessed Land Value:  10071
  • Market Land Value:  30225
  • Tax Amount:  4556.24
  • Tax Year:  2025
  • Market Value:  179238
  • Market Year:  2025

Tax History

262 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,722 Land Value $10,071 Improvement Value $49,651 Tax Amount $4,556.24 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $55,008 Land Value $9,276 Improvement Value $45,732 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $49,695 Land Value $8,380 Improvement Value $41,315 Tax Amount $4,236.26 Change Rate +0.078159% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $45,313 Land Value $7,641 Improvement Value $37,672 Tax Amount $3,929.16 Change Rate +0.039548% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $42,365 Land Value $7,144 Improvement Value $35,221 Tax Amount $3,779.68 Change Rate +0.066917% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $38,843 Land Value $6,820 Improvement Value $32,023 Tax Amount $3,542.62 Change Rate +0.025159% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $37,000 Land Value $6,496 Improvement Value $30,504 Tax Amount $3,455.68 Change Rate +0.127947% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $31,246 Land Value $6,120 Improvement Value $25,126 Tax Amount $3,063.69 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $29,539 Land Value $5,786 Improvement Value $23,753 Tax Amount $303,819.41 Change Rate +102.95376% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $27,404 Land Value $5,368 Improvement Value $22,036 Tax Amount $2,922.64 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,118 Land Value $4,920 Improvement Value $20,198 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,808 Land Value $4,859 Improvement Value $19,949 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,075 Land Value $4,987 Improvement Value $24,088 Tax Amount Change Rate Assessed CR Tax Rate