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306 Locust St; Elgin, IL Property Details

306 Locust St, Elgin, IL is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 306 Locust St has 2 bedrooms, and 2 bathrooms, and a total of 1,267 square feet. The lot size of 306 Locust St is 4,465 square feet.

Off market
306 Locust St Elgin, IL 60123
$45,000 Listing Price
2 Beds
2 Baths
1,267 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $45,000
  • Est. Equity / %: $252,000 / 100%
  • Gross Yield: 9.462%
  • APN: 06-14-410-022
  • Situs County: Kane
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 2
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,267/SqFt
  • Lot: 4,465/SqFt
  • Gross: 2,113/SqFt
  • Living: 1,267/SqFt
  • Basement: 846/SqFt
  • Building: 2,113/SqFt
  • Price Per Square Foot: $35.52

Legal Description

  • Description: L M KELLEYS SUB PART LOT 14 OF W C KIMBALLS ADDN WESTERLY 47.75 FT OF SOUTHERLY 93.5 FT 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: 42.03365 / -88.28728
  • Subdivision: L M Kelleys Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 0817
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

306 Locust St has no associated ownership info
306 Locust St has no associated ownership info.

Taxes

306 Locust St has 10 associated Taxes items

306 Locust 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 $64,707. The APN we've located for 306 Locust St is 06-14-410-022.

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Taxes
  • Assessed Value:  $64,707
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-410-022
  • Assessed Land Value:  10772
  • Market Land Value:  32329
  • Tax Amount:  4326.22
  • Tax Year:  2025
  • Market Value:  194199
  • Market Year:  2025

Tax History

306 Locust St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,707 Land Value $10,772 Improvement Value $53,935 Tax Amount $4,326.22 Change Rate Assessed CR Tax Rate +0.066859%
Year 2024 Assessed Value $59,600 Land Value $9,922 Improvement Value $49,678 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $53,844 Land Value $8,964 Improvement Value $44,880 Tax Amount $3,907.98 Change Rate +0.144545% Assessed CR Tax Rate +0.07258%
Year 2022 Assessed Value $45,377 Land Value $8,174 Improvement Value $37,203 Tax Amount $3,414.44 Change Rate +0.050713% Assessed CR Tax Rate +0.075246%
Year 2021 Assessed Value $42,424 Land Value $7,642 Improvement Value $34,782 Tax Amount $3,249.64 Change Rate +0.032773% Assessed CR Tax Rate +0.076599%
Year 2020 Assessed Value $40,500 Land Value $7,295 Improvement Value $33,205 Tax Amount $3,146.52 Change Rate +0.034094% Assessed CR Tax Rate +0.077692%
Year 2019 Assessed Value $38,579 Land Value $6,949 Improvement Value $31,630 Tax Amount $3,042.78 Change Rate -0.06858% Assessed CR Tax Rate +0.078871%
Year 2018 Assessed Value $36,343 Land Value $6,546 Improvement Value $29,797 Tax Amount $3,266.82 Change Rate -0.990755% Assessed CR Tax Rate +0.089889%
Year 2017 Assessed Value $34,357 Land Value $6,188 Improvement Value $28,169 Tax Amount $353,374.28 Change Rate +102.95318% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $31,874 Land Value $5,741 Improvement Value $26,133 Tax Amount $3,399.36 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $24,998 Land Value $5,262 Improvement Value $19,736 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,854 Land Value $5,197 Improvement Value $23,657 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,615 Land Value $5,334 Improvement Value $24,281 Tax Amount Change Rate Assessed CR Tax Rate