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307 Morgan St; Elgin, IL Property Details

307 Morgan St, Elgin, IL is a Residential General that was built in 1928. This property is currently a cash purchase and is not for sale. Our records show that 307 Morgan St has 3 bedrooms, and 2 bathrooms, and a total of 1,219 square feet. The lot size of 307 Morgan St is 7,228 square feet.

Off market
307 Morgan St Elgin, IL 60123
$165,000 Listing Price
3 Beds
2 Baths
1,219 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1928
  • Purchase Price: $165,000
  • Est. Equity / %: $230,000 / 100%
  • Gross Yield: 10.445%
  • APN: 06-23-280-005
  • Situs County: Kane
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,219/SqFt
  • Lot: 7,228/SqFt
  • Gross: 2,438/SqFt
  • Living: 1,219/SqFt
  • Basement: 1,219/SqFt
  • Building: 2,438/SqFt
  • Ground: 1,219/SqFt
  • Price Per Square Foot: $135.36

Legal Description

  • Description: MORGAN PARK ADDN LOT 2 BLOCK 3
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: 42.023884 / -88.28619
  • Subdivision: Morgan Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7641
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

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

Taxes

307 Morgan St has 10 associated Taxes items

307 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 $78,195. The APN we've located for 307 Morgan St is 06-23-280-005.

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Taxes
  • Assessed Value:  $78,195
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-280-005
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5965.56
  • Tax Year:  2025
  • Market Value:  234679
  • Market Year:  2025

Tax History

307 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,195 Land Value $15,540 Improvement Value $62,655 Tax Amount $5,965.56 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $72,022 Land Value $14,313 Improvement Value $57,709 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,067 Land Value $12,931 Improvement Value $52,136 Tax Amount $5,546.66 Change Rate +0.078156% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $59,330 Land Value $11,791 Improvement Value $47,539 Tax Amount $5,144.58 Change Rate +0.165625% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $55,470 Land Value $11,024 Improvement Value $44,446 Tax Amount $4,413.58 Change Rate +0.030618% Assessed CR Tax Rate +0.079567%
Year 2020 Assessed Value $52,955 Land Value $10,524 Improvement Value $42,431 Tax Amount $4,282.46 Change Rate +0.031709% Assessed CR Tax Rate +0.08087%
Year 2019 Assessed Value $50,443 Land Value $10,025 Improvement Value $40,418 Tax Amount $4,150.84 Change Rate +0.062335% Assessed CR Tax Rate +0.082288%
Year 2018 Assessed Value $46,022 Land Value $9,444 Improvement Value $36,578 Tax Amount $3,907.28 Change Rate -0.989872% Assessed CR Tax Rate +0.0849%
Year 2017 Assessed Value $43,507 Land Value $8,928 Improvement Value $34,579 Tax Amount $385,773.19 Change Rate +88.61653% Assessed CR Tax Rate +8.866922%
Year 2016 Assessed Value $40,363 Land Value $8,283 Improvement Value $32,080 Tax Amount $4,304.71 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $36,996 Land Value $7,592 Improvement Value $29,404 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,539 Land Value $7,498 Improvement Value $29,041 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,503 Land Value $7,696 Improvement Value $29,807 Tax Amount Change Rate Assessed CR Tax Rate