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306 Illinois Ave; Elgin, IL Property Details

306 Illinois Ave, Elgin, IL is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 306 Illinois Ave has 3 bedrooms, and 1 bathroom, and a total of 1,740 square feet. The lot size of 306 Illinois Ave is 5,663 square feet.

Off market
306 Illinois Ave Elgin, IL 60120
$895,000 Listing Price
3 Beds
1 Baths
1,740 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $199,000
  • Open Loans / Balance: 1 / $167,163
  • Est. Equity / %: $173,837 / 50.98%
  • Gross Yield: 8.924%
  • APN: 06-13-478-012
  • Situs County: Kane
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,740/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,487/SqFt
  • Living: 1,740/SqFt
  • Basement: 747/SqFt
  • Building: 2,487/SqFt
  • Price Per Square Foot: $114.37

Legal Description

  • Description: EDWARD C LOVELLS ADDN LOT 12 BLOCK 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: 42.031464 / -88.265915
  • Subdivision: Edward C Lovells Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6734
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

306 Illinois Ave has no associated ownership info
306 Illinois Ave has no associated ownership info.

Taxes

306 Illinois Ave has 10 associated Taxes items

306 Illinois 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 $92,153. The APN we've located for 306 Illinois Ave is 06-13-478-012.

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Taxes
  • Assessed Value:  $92,153
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-478-012
  • Assessed Land Value:  11362
  • Market Land Value:  34100
  • Tax Amount:  6420.1
  • Tax Year:  2025
  • Market Value:  276570
  • Market Year:  2025

Tax History

306 Illinois Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,153 Land Value $11,362 Improvement Value $80,791 Tax Amount $6,420.1 Change Rate Assessed CR Tax Rate +0.069668%
Year 2024 Assessed Value $84,879 Land Value $10,465 Improvement Value $74,414 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,681 Land Value $9,454 Improvement Value $67,227 Tax Amount $5,854.74 Change Rate +0.056336% Assessed CR Tax Rate +0.076352%
Year 2022 Assessed Value $69,919 Land Value $8,620 Improvement Value $61,299 Tax Amount $5,542.5 Change Rate +0.046398% Assessed CR Tax Rate +0.07927%
Year 2021 Assessed Value $65,369 Land Value $8,059 Improvement Value $57,310 Tax Amount $5,296.74 Change Rate +0.029625% Assessed CR Tax Rate +0.081028%
Year 2020 Assessed Value $62,405 Land Value $7,694 Improvement Value $54,711 Tax Amount $5,144.34 Change Rate +0.030599% Assessed CR Tax Rate +0.082435%
Year 2019 Assessed Value $59,445 Land Value $7,329 Improvement Value $52,116 Tax Amount $4,991.6 Change Rate +0.190543% Assessed CR Tax Rate +0.08397%
Year 2018 Assessed Value $48,933 Land Value $6,904 Improvement Value $42,029 Tax Amount $4,192.71 Change Rate -0.989875% Assessed CR Tax Rate +0.085683%
Year 2017 Assessed Value $46,259 Land Value $6,527 Improvement Value $39,732 Tax Amount $414,078.5 Change Rate +89.46961% Assessed CR Tax Rate +8.951307%
Year 2016 Assessed Value $42,916 Land Value $6,055 Improvement Value $36,861 Tax Amount $4,576.99 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $39,336 Land Value $5,550 Improvement Value $33,786 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,850 Land Value $5,481 Improvement Value $33,369 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $45,919 Land Value $5,626 Improvement Value $40,293 Tax Amount Change Rate Assessed CR Tax Rate