- Assessed Value: $73,332
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-14-108-008
- Assessed Land Value: 22375
- Market Land Value: 67152
- Tax Amount: 4984.22
- Tax Year: 2025
- Market Value: 220084
- Market Year: 2025
307 N Commonwealth Ave; Elgin, IL Property Details
Off market • Bankruptcy ✓
307 N Commonwealth Ave Elgin, IL 60123
$174,500 Listing Price
2 Beds
2 Baths
1,024 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1955
- Purchase Price: $174,500
- Open Loans / Balance: 2 / $180,626
- Est. Equity / %: $118,374 / 39.59%
- Gross Yield: 8.127%
- APN: 06-14-108-008
- Situs County: Kane
- Length Of Ownership: 9 years
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 5
Structure
- Stories: 1
- Exterior Wall Type: Brick
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,024/SqFt
- Lot: 6,996/SqFt
- Gross: 2,048/SqFt
- Living: 1,024/SqFt
- Basement: 1,024/SqFt
- Building: 2,048/SqFt
- Ground: 1,024/SqFt
- Price Per Square Foot: $170.41
Legal Description
- Description: EDWARD J OBEIRNES SUB LOT 9 BLOCK 3
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: 42.04063 / -88.30017
- Subdivision: Edward J Obeirnes Sub
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 3415
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Gas
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
307 N Commonwealth Ave has no associated ownership info
307 N Commonwealth Ave has no associated ownership info.
Taxes
307 N Commonwealth Ave has 10 associated Taxes items
307 N Commonwealth 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 $73,332. The APN we've located for 307 N Commonwealth Ave is 06-14-108-008.
Unlock the full reportTaxes
Tax History
307 N Commonwealth Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $73,332 | Land Value $22,375 | Improvement Value $50,957 | Tax Amount $4,984.22 | Change Rate | Assessed CR | Tax Rate +0.067968% |
| Year 2024 | Assessed Value $67,544 | Land Value $20,609 | Improvement Value $46,935 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $61,021 | Land Value $18,619 | Improvement Value $42,402 | Tax Amount $4,519.8 | Change Rate +0.050052% | Assessed CR | Tax Rate +0.07407% |
| Year 2022 | Assessed Value $55,640 | Land Value $16,977 | Improvement Value $38,663 | Tax Amount $4,304.36 | Change Rate +0.048391% | Assessed CR | Tax Rate +0.077361% |
| Year 2021 | Assessed Value $52,019 | Land Value $15,872 | Improvement Value $36,147 | Tax Amount $4,105.68 | Change Rate +0.03107% | Assessed CR | Tax Rate +0.078927% |
| Year 2020 | Assessed Value $49,660 | Land Value $15,152 | Improvement Value $34,508 | Tax Amount $3,981.96 | Change Rate +0.032222% | Assessed CR | Tax Rate +0.080184% |
| Year 2019 | Assessed Value $47,304 | Land Value $14,433 | Improvement Value $32,871 | Tax Amount $3,857.66 | Change Rate +0.029006% | Assessed CR | Tax Rate +0.08155% |
| Year 2018 | Assessed Value $41,260 | Land Value $13,597 | Improvement Value $27,663 | Tax Amount $3,748.92 | Change Rate -0.990655% | Assessed CR | Tax Rate +0.090861% |
| Year 2017 | Assessed Value $39,005 | Land Value $12,854 | Improvement Value $26,151 | Tax Amount $401,180.66 | Change Rate +102.95328% | Assessed CR | Tax Rate +10.285365% |
| Year 2016 | Assessed Value $36,186 | Land Value $11,925 | Improvement Value $24,261 | Tax Amount $3,859.24 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $33,167 | Land Value $10,930 | Improvement Value $22,237 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $32,757 | Land Value $10,795 | Improvement Value $21,962 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $33,621 | Land Value $11,080 | Improvement Value $22,541 | Tax Amount | Change Rate | Assessed CR | Tax Rate |