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320 Summit St; Elgin, IL Property Details

320 Summit St, Elgin, IL is a Single Family that was built in 1880. This property is currently a cash purchase and is not for sale. Our records show that 320 Summit St has 4 bedrooms, and 1.5 bathrooms, and a total of 1,358 square feet. The lot size of 320 Summit St is 8,712 square feet.

Off market
320 Summit St Elgin, IL 60120
$50,100 Listing Price
4 Beds
1.5 Baths
1,358 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1880
  • Purchase Price: $50,100
  • Est. Equity / %: $276,000 / 100%
  • Gross Yield: 8.465%
  • APN: 06-12-356-009
  • Situs County: Kane
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,358/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,037/SqFt
  • Living: 1,358/SqFt
  • Basement: 679/SqFt
  • Building: 2,037/SqFt
  • Price Per Square Foot: $36.89

Legal Description

  • Description: JOHN WAITS SUB BLOCK 27 P J KIMBALL JRS 3RD ADDN LOT 9 BLOCK 27
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: 42.046654 / -88.27865
  • Subdivision: John Waits Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3759

Ownership Info

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

Taxes

320 Summit St has 10 associated Taxes items

320 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 $74,777. The APN we've located for 320 Summit St is 06-12-356-009.

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Taxes
  • Assessed Value:  $74,777
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-356-009
  • Assessed Land Value:  18976
  • Market Land Value:  56951
  • Tax Amount:  5094.46
  • Tax Year:  2025
  • Market Value:  224421
  • Market Year:  2025

Tax History

320 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,777 Land Value $18,976 Improvement Value $55,801 Tax Amount $5,094.46 Change Rate Assessed CR Tax Rate +0.068129%
Year 2024 Assessed Value $68,874 Land Value $17,478 Improvement Value $51,396 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $62,222 Land Value $15,790 Improvement Value $46,432 Tax Amount $4,622.18 Change Rate +0.050643% Assessed CR Tax Rate +0.074285%
Year 2022 Assessed Value $56,736 Land Value $14,398 Improvement Value $42,338 Tax Amount $4,399.38 Change Rate +0.048185% Assessed CR Tax Rate +0.077541%
Year 2021 Assessed Value $53,044 Land Value $13,461 Improvement Value $39,583 Tax Amount $4,197.14 Change Rate +0.074218% Assessed CR Tax Rate +0.079126%
Year 2020 Assessed Value $48,840 Land Value $12,851 Improvement Value $35,989 Tax Amount $3,907.16 Change Rate +0.032351% Assessed CR Tax Rate +0.079999%
Year 2019 Assessed Value $46,523 Land Value $12,241 Improvement Value $34,282 Tax Amount $3,784.72 Change Rate +0.193632% Assessed CR Tax Rate +0.081352%
Year 2018 Assessed Value $38,510 Land Value $11,532 Improvement Value $26,978 Tax Amount $3,170.76 Change Rate -0.989861% Assessed CR Tax Rate +0.082336%
Year 2017 Assessed Value $36,406 Land Value $10,902 Improvement Value $25,504 Tax Amount $312,736.81 Change Rate +85.820694% Assessed CR Tax Rate +8.590255%
Year 2016 Assessed Value $33,775 Land Value $10,114 Improvement Value $23,661 Tax Amount $3,602.1 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $30,957 Land Value $9,270 Improvement Value $21,687 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,575 Land Value $9,156 Improvement Value $21,419 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,261 Land Value $9,398 Improvement Value $25,863 Tax Amount Change Rate Assessed CR Tax Rate